New Battleships In The Spotlight

Group 1: Company Developments - Novo Nordisk (NVO) has seen a rise in stock value following the FDA's approval of its Wegovy pill, marking it as the first oral GLP-1 therapy for obesity [3] - Nvidia (NVDA) is planning to start shipping its H200 GPUs to China by mid-February, pending government approval [3] - Trump has announced plans for new "Trump-class" battleships, which will be significantly larger and more powerful than existing models, with construction of the first ship, USS Defiant, set to begin "almost immediately" [5][6] Group 2: Industry Trends - The U.S. government has suspended leases for five offshore wind projects due to national security concerns, indicating potential regulatory challenges in the renewable energy sector [3] - The Navy's decision to commission a new class of frigates aims to address a shortfall in surface combatants, which is currently about one-third below required levels [6] - Trump is pushing defense contractors to reinvest profits into manufacturing capacity rather than shareholder payouts, which could reshape corporate governance in the defense industry [7]