00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Rolls-Royce shares hit fresh record highs every trading day so far this year,
00:06as gains extended into 2026, according to CNBC. The stock rose as much as 1.2% in early trading
00:13and is up 10% this year after rising nearly 1,200% over the past five years.
00:19The rally has been driven by defense exposure, its power systems business,
00:23and a broader FTSE 100 rise. Defense accounts for about 25% of underlying revenue and showed
00:29limited growth in the last half year. CFO Helen McCabe said near-term defense-related growth is
00:35showing up in power systems, where order intake rose 85% year-on-year. UBS raised its price target,
00:42citing stronger power generation and data center sales. Investors await full-year results on February
00:4726th and updates on a share buyback. For all things money, visit Benzinga.com.
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