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FT News Briefing — Defence stocks drop despite US-Iran war
Scout ratingSCOUT· 24%12m·2026-04-30·News Politics

Defence stocks drop despite US-Iran war

FT News Briefing

Meta said it would boost its spending on AI this year, and Jay Powell says he will stay on as a Federal Reserve governor once his term as chair ends. Plus, the special relationship between the UK and US held up under intense pressure, and defence stocks are struggling despite the US and Israel's war in Iran. Oil jumps…

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