Lana

That's sent more business CSG's way.

The Czech Defense Group has seen revenue and profit take off over the past three years.

so much so that big-name investors like BlackRock, Artisan Partners, and Qatar's Sovereign Wealth Fund are now involved.

Their backing helped pull CSG plenty more.

After its first day on the market, the firm was valued at around €30 billion, $35 billion.

That makes it Amsterdam's biggest new listing in over a decade, a rare European blockbuster.

Investors have gravitated toward a whole host of European defense stocks, pushing them all higher.

And there may still be room to run, not least because big banks like Goldman Sachs and HSBC are broadly upbeat on European shares.

Just keep an eye on the bottom lines.

Share prices, especially in defense, have climbed much faster than profits, meaning valuations have done much of the heavy lifting so far.

From here, companies need to deliver on earnings, or investors could retreat from the front line in a hurry.

That's it for today.

I'm Lana.

I'll see you next week.

Hey, I'm Lana with your daily brief for Thursday, January 23rd.

Coming up, the U.S.

economy grew at its fastest pace since 2023.

And Apple, well, Google, will finally give Siri an AI upgrade.

We'll also check in with Carl to get his answers to your burning questions.

More on the way, but first, a word from Guy at Finimize HQ.