Anthropic’s Claude hits No. 2 on Apple’s top free apps list after Pentagon rejection


In this illustration, the Claude AI app is seen in the app store on a phone on February 16, 2026 in New York City. According to reports from the Wall Street Journal, the Defense Department used Anthropic’s Claude Ai, via its Palantir contract, to help with the attack on Venezuela and capture former President Nicolás Maduro.

Michael M. Santiago | Getty Images

Anthropic’s Claude artificial intelligence assistant app jumped to the No. 2 slot on Apple’s chart of top U.S. free apps late on Friday, hours after the Trump administration sought to block government agencies’ adoption of the startup’s technology.

The rise in popularity suggests that Anthropic is benefiting from its presence in news headlines, stemming from its refusal to have its models used for mass domestic surveillance or for fully autonomous weapons.

“The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution,” President Donald Trump wrote in a Friday Truth Social post.

Department of Defense Secretary Pete Hegseth said he asked that Anthropic be labeled as a supply-chain risk to national security, and therefore, no U.S. defense contractor would be able to draw on Anthropic tools.

“It is the Department’s prerogative to select contractors most aligned with their vision,” Anthropic CEO Dario Amodei said in a statement. “But given the substantial value that Anthropic’s technology provides to our armed forces, we hope they reconsider.”

Historically, other AI chat apps have been more popular among consumers than Claude. OpenAI’s ChatGPT sat at No. 1 on the App Store rankings on Saturday, while Google’s Gemini was at No. 3.

The Claude iOS app has gained momentum this month. On Jan. 30, it was ranked No. 131 in the U.S., and it bounced around the top 20 for much of February, according to data from analytics company Sensor Tower. The data shows ChatGPT has held on to the No. 1 spot for most of February.

In the past year, Anthropic — which was formed in 2021 by former OpenAI employees — has gained momentum as a supplier of models for coding and general corporate use. OpenAI, whose ChatGPT now has over 900 million weekly users, has been responding to Anthropic’s surge in business by striking partnerships with consulting firms such as Accenture and Capgemini.

On Friday night, OpenAI CEO Sam Altman said the startup had reached an agreement with the U.S. Defense Department on the deployment of its models.

Hours later, pop singer Katy Perry posted a screenshot of Anthropic’s Pro subscription for consumers, with a heart superimposed over it.

WATCH: Sec. Pete Hegseth directs Pentagon to designate Anthropic supply-chain risk

Anthropic’s Claude hits No. 2 on Apple’s top free apps list after Pentagon rejection


Iran suicide drone blitz on Dubai: Famous Palm Jumeirah hotel hit amid revenge missile attacks on US bases, Abu Dhabi, Kuwait and Israel after American air strikes


Iranian suicide drones have slammed into a tower block in Bahrain, hours after targeting the world famous Palm Jumeirah hotel in Dubai – as Tehran launches widespread revenge attacks across the Middle East following US airstrikes. 

Videos posted on social media show the iconic hotel ablaze after it was hit by a suspected Iranian missile or missile debris.

Missiles fired by Tehran have struck US military bases in Qatar and have also rained down on Abu Dhabi, Kuwait, Bahrain and Israel. 

Meanwhile, Israeli media is now reporting there are ‘growing indications’ Ayatollah Ali Khamenei was killed when his Tehran compound was razed to the ground in a strike. 

Officials had earlier reported that the strikes had caused ‘very significant harm’ to the leadership of the Iranian regime and its military commanders.

Khamenei has not been heard from since the US and Israel launched their dual attack on Iran on Saturday morning.

Follow all the latest on the Daily Mail’s live blog. 

Watch: Iranian suicide drone hits tower block in Bahrain

An Iranian suicide drone has reportedly struck a tower block in Bahrain, hours after strikes targeted a major US naval base in the state.

Video footage shows a huge fireball erupting towards the top of the high-rise building, with debris scattering and falling onto the surrounding area below.

It is now known at this stage if there are any casualties.

WATCH: Iran strikes Dubai with suicide drones

Dubai’s famous Palm Jumeirah hotel is hit by suicide drone, injuring four

The famous Palm Jumeirah Fairmont Hotel in Dubai has been struck by an Iranian suicide drone.

Videos posted on social media show the building, which is popular with tourists on fire, with plumes of smoke billowing into the sky.

It comes as explosions have rocked the United Arab Emirates as Iran launched retaliatory missile strikes following the joint US-Israel attack on Tehran earlier today.

According to Dubai’s media office, four people were injured in the strike.

Iran suicide drone blitz on Dubai: Famous Palm Jumeirah hotel hit amid revenge missile attacks on US bases, Abu Dhabi, Kuwait and Israel after American air strikes

What has happened so far today?

The world awoke to the outbreak of major conflict in the Middle East today, after the US and Israel launched joint ‘pre-emptive strikes’ against Iran. This prompted a widespread response from the Islamic nation, which has seen violence unfold in countries across the Middle East.

So far today:

  • The US and Israel launched joint strikes against military and political leaders in Iran, dubbing them ‘pre-emptive’ to prevent Iran from gaining a nuclear weapon;
  • Iran has hit back, sending missiles to Israel, as well as targeting US bases and other assets in the UAE, Bahrain, Qatar, Dubai, Jordan and Kuwait;
  • Missiles have also struck US-Israeli targets in Lebanon and Iraq;
  • There are reports the head of Iran’s Revolutionary Guards has been killed, while Supreme Leader Ali Khamenei was also targeted – his condition is unknown;
  • Global leaders have urged restraint while reiterating that Iran must not gain a nuclear weapon;
  • Reports suggest Iran is telling vessels that a major shipping lane, the Strait of Hormuz, is closed;
  • A luxury hotel in the heart of Dubai has been hit with an Iranian suicide drone, injuring four people.

Ships have been reportedly blocked from passing through the world’s most vital route for exporting oil by the Iranian Revolutionary Guard, in retaliation for joint Israel-US air strikes targeting the regime.

The Strait of Hormuz connects the biggest Gulf oil producers, such as Saudi Arabia, Iran, Iraq and the United Arab Emirates, with the Gulf of Oman and the Arabian Sea.

However vessels have been receiving VHF transmission from Iran’s Revolutionary Guards saying ‘no ship is allowed to pass the Strait of Hormuz’, an official from the European Union’s naval mission Aspides said on Saturday.

The official, who spoke on condition of anonymity, said Iran had not formally confirmed any such order.

Tehran has for years threatened to block the narrow waterway in retaliation for any attack on the Islamic Republic.

Iranian strike ‘near Dubai’s Burj Khalifa’

Video footage appears to show an Iranian strike hitting close to the world’s tallest building.

A black object could be seen falling through the air near to the Burj Khalifa in Dubai, before a large cloud of smoke was seen rising from the ground.

Earlier, Dubai authorities announced that the building had been evacuated as a precaution.

Iran urges UN Security Council to intervene in conflict

In a letter to the UN Security Council, Iran has asked the body to intervene in the escalating conflict between Iran and the US and Israel.

In a letter to the council, Foreign Minister Abbas Araghchi said Israel and the US had violated international law in attacking Iran and promised retaliation.

He added: ‘The United States and the Israeli regime shall bear full and direct responsibility for all ensuing consequences, including any escalation arising from their unlawful actions.

‘All bases, facilities and assets of the hostile forces in the region shall be regarded as legitimate military objectives within the framework of Iran’s lawful exercise of self-defence.’

The UN Security Council is scheduled to meet today.

FILE PHOTO: Iran's Foreign Minister Abbas Araghchi on the day he addresses a special session of the Conference on Disarmament at the United Nations, aside of U.S.-Iran talks in Geneva, Switzerland, February 17, 2026. REUTERS/Pierre Albouy/File Photo

Jordan’s military ‘intercepts 13 Iranian missiles’

Jordan’s armed forces said they had successfully intercepted 13 ballistic missiles since Saturday morning in an operation that resulted in damage but no casualties.

‘The armed forces engaged 49 drones and ballistic missiles targeting Jordanian territory today,’ a military source said in a statement, adding that ’13 ballistic missiles were successfully intercepted by Jordanian air defence systems, while drones were shot down’.

The statement said ‘the interception operation resulted in material damage but no casualties’.

A military official previously said the armed forces had shot down two missiles.

The Jordanian Public Security Directorate said the civil defence and police personnel had dealt with ’54 reports resulting from falling objects and debris in the governorates of the capital, Zarqa, Jerash, Madaba, Irbid and West Balqa’.

Iran ‘may have launched cluster bomb missiles’ – IDF

The IDF has said that Iran may have launched ballistic missiles with cluster bomb warheads.

The weapons, which were previously fired during Israel’s conflict with Iran in June 2025, open up while descending on their targets and spread around 20 smaller munitions.

The explosives total 2.5kg in weight and are deployed to a radius of about five miles, or eight kilometres.

Breaking:UK Maritime agency aware of ‘closure of Strait of Hormuz’

The UK Maritime Trade Operations agency has said it has had multiple reports from vessels operating in the Gulf saying they had received messages on the closure of the Strait of Hormuz.

There was no immediate confirmation from Iran.

The strait is the world’s most vital oil export route and connects the biggest Gulf oil producers, such as Saudi Arabia, Iran, Iraq and the United Arab Emirates, with the Gulf of Oman and the Arabian Sea.

Earlier n official from the European Union’s naval mission Aspides said on Saturday that vessels have been receiving VHF transmission from Iran’s Revolutionary Guards saying ‘no ship is allowed to pass the Strait of Hormuz’.

The official said Iran had not formally confirmed any such order. Tehran has for years threatened to block the narrow waterway in retaliation for any attack on the Islamic Republic.

Last year, a third of worldwide oil exports transported by sea passed through the Strait of Hormuz.

A family sits against the backdrop of a dockyard off coast city of Fujairah, in the Strait of Hormuz in the northern Emirate on February 25, 2026. (Photo by Giuseppe CACACE / AFP via Getty Images)

After launching a massive military operation against Iran last night, Operation Epic Fury, President Trump delivered a message to Americans that wasn’t merely a regime change speech.

I’ve spent years arguing that the only durable solution to the threat from the Islamic Republic isn’t another nuclear deal, isn’t just another round of sanctions, and isn’t only another limited military strike that sets the program back by months or years.

It’s the end of the regime that has been waging war on America, Israel, and its own people for 46 years.

But that’s not exactly what Trump prioritized late Friday evening, and we need to be honest about what he did — and didn’t — say.

What he did do was set two clear and critical priorities.

Read more:

Fetterman praises Trump’s decision to strike Iran

Pennsylvania’s Democratic Senator John Fetterman was full of praise for President Donald Trump after his decision to strike Iran on Saturday.

Fetterman expressed his support of Trump’s latest military operation targeting Iran on Fox & Friends.

‘You can put out tweets and statements to support peace. But to create real peace, you have to do these kinds of actions, just like happened, like last year to destroy their nuclear facilities.’

Trump’s strikes on Iran’s nuclear facilities in Operation Midnight Hammer last June were said to have eliminated Iran’s nuclear capabilities.

‘Sometimes peace is possible after these kinds of steps, that’s why I support those things.’

Fetterman also blasted Republican Congressman Thomas Massie’s criticism of Trump’s campaign, saying it is illegal for a President to start a war without congressional approval.




I gave up my dream six figure Wall Street banking job to volunteer on the deadly Ukraine frontline… and I don’t regret it for a second


On the frantically busy trading room floors of Morgan Stanley’s Manhattan offices where billions of dollars change hands every day there is one perpetually quiet corner – a single desk that sits unoccupied.

It is empty because the young Wall Street executive it belongs to remains on unpaid leave – as she is working as a paramedic on the frontline of the war to save her homeland, Ukraine, from invasion by Russia.

So incredulous were colleagues of Viktoriia Honcharuk, 25, giving up her six-figure salary job as a New York investment banker to go to war that her line manager promised to keep her job open for when she changed her mind.

That was in late 2022 – and that desk remains unoccupied.

Viktoriia was moved to sign up when Vladimir Putin launched his ‘special military operation’ and brought Europe’s bloodiest war since World War Two to her homeland.

​’I thought if I don’t do something now, I won’t be able to look myself in the eyes,’ she recalls. ‘If something happens and Ukraine does not exist in a few years, how am I going to look in the mirror and say ‘I am Ukrainian’ or a person of values?

​’If you care about something, you have to act on it, otherwise it just gets worse.’

And so the banker scheduled a meeting with her boss at Morgan Stanley and told him she was going to return to Ukraine.

I gave up my dream six figure Wall Street banking job to volunteer on the deadly Ukraine frontline… and I don’t regret it for a second

Viktoriia Honcharuk, 25, gave up her six-figure salary on Wall Street to go and fight in Ukraine 

Viktoriia was moved to sign up when Vladimir Putin launched his 'special military operation'

Viktoriia was moved to sign up when Vladimir Putin launched his ‘special military operation’

Despite starting out with a phobia of needles she has now worked across some of the war's deadliest battlefields, including in Bakhmut and Avdiivka

Despite starting out with a phobia of needles she has now worked across some of the war’s deadliest battlefields, including in Bakhmut and Avdiivka

Most days she is triaging patients, who have lost legs, arms and even eyes in battle, documenting some of the gruesome injuries on her popular social media accounts

Most days she is triaging patients, who have lost legs, arms and even eyes in battle, documenting some of the gruesome injuries on her popular social media accounts

The high achiever first visited the United States when she was 15-years-old as part of a young leaders exchange programme. She later joined Morgan Stanley after graduating from university in San Francisco

The high achiever first visited the United States when she was 15-years-old as part of a young leaders exchange programme. She later joined Morgan Stanley after graduating from university in San Francisco 

To her surprise, her manager was fully supportive of her move – and three years later her desk still remains in the office, ready for her whenever she wants to return.

​The banker-turned-battlefield paramedic added: ‘As soon as I went into his office, the first thing he said to me was: ‘You want to go to Ukraine, don’t you?’

​’I asked him how he knew, and he told me ‘I can see you walking in every single day to your desk, and I see your eyes, and I know you are not here, you are not here with us.’

‘Which was fair and also true. So he told me to go, figure things out, take a few months and said I am welcome to come back anytime. And I never did.’

Since leaving the shimmering skyscrapers of NYC behind in December 2022, Viktoriia has treated thousands of soldiers as well as Russian prisoners of war.

Despite starting out with a phobia of needles she has now worked across some of the war’s deadliest battlefields, including in Bakhmut and Avdiivka.

Viktoriia says that at times she has feared she would perish on the front line.

Most days she is triaging patients, who have lost legs, arms and even eyes in battle, documenting some of the gruesome injuries on her popular social media accounts.

She has also set up a think tank where she leads on defence tech, warning politicians around the world about how fibre-optic drones are changing the nature of modern warfare.

​Speaking to the Daily Mail this week about her former life of luxury in Manhattan, Viktoriia said: ‘I do miss it but my conscience couldn’t let me stay.’

Viktoriia got a internship at Citi Bank before joining Morgan Stanley

Viktoriia got a internship at Citi Bank before joining Morgan Stanley 

The high achiever first visited the United States when she was 15-years-old as part of a young leaders exchange programme.

She later returned to attend Minerva University in San Francisco where she was enrolled in the elite international programme, that sees students travel across seven cities around the world during their study.

Viktoriia had watched from afar as Russian troops amassed on Ukraine’s borders four years ago, as Vladimir Putin began his invasion.

So when the 22-year-old quit her role at Morgan Stanley to become a paramedic on the frontline – despite a phobia of blood and needles – friends in New York begged her not to go. They called her foolish.

​Her older sister, Maryna, 30, grabbed a bag and joined the resistance the day the war broke out – while her father and mother, who had previously been against women joining the army, joined the local territorial army.

‘My family is a lot more involved than most of the family’s in Ukraine,’ she previously told a YouTuber.

‘My Mum, Dad and sister all joined the armed forces at the beginning. Even my Mum, who was very against women in the army, was standing there with AK74s.

‘I was very proud of her and how my family reacted to the full scale invasion. I knew I needed to at least be as good as them.’

​Thousands of miles away, Viktoriia offered support by donating money to Ukraine’s war effort to help buy food, clothes and other supplies for soldiers. Yet she suddenly felt that this was not enough.

​She said: ‘The Ukrainian army quadrupled in a day, so people needed a lot of things, and that was making me feel that I was useful. But as time passed, what I was doing now was not enough.

​Her older sister, Maryna, who was an inspiration to Viktoriia, is one of her biggest supporters and admires how she put her Manhattan life on hold for Ukraine.

​Maryna, who was working at a television firm in Ukraine when the war broke out, told the Mail this week: ‘I actually think she is a very, very brave girl to leave her dream work and her dream life to do all this.

​’It was not a big question for me about what to do – but for her, it required a lot of thinking, and she is an overthinker. I don’t know if I would have done the same if I were in her shoes.’

Not everyone in her life, however, was so supportive. Her mother even went on hunger-strike to stop her from joinin

Viktorria and her sister Maryna, 30, at the Osborne Studio gallery looking at their portraits from the front line

Viktorria and her sister Maryna, 30, at the Osborne Studio gallery looking at their portraits from the front line

Speaking on the military YouTube channel NAFO 69th Sniffing Brigade, she said previously: ‘My sister was always supportive of me and supports my choices because she knows I am going to do what I want anyways.

‘My dad has always been understanding but my mom not so much. She was not always supportive of my choices. For example when I went to Flex (Future Leaders Exchange Programme) she could not understand what it was.

‘So with this war she stopped eating for a few days as a sign of protest, even though she did the very same thing.

‘She’s good now and she’s supportive now. She’s learnt to support it.’

Friends in Manhattan had actively encouraged Viktoriia not to go to her war-torn country, fearing she was giving up on her career in the United States.

​’Some of my friends were not very supportive,’ she said. ‘They thought it was a very foolish idea. They had seen me trying to get the career that I had really wanted throughout the years and saw how hard it was for me to do.

​’They said I was giving up too much by doing something like this. But some were supportive and that’s what I needed.’

Viktoriia – or Tori as she is called in the military – now works in the Third Assault Brigade, the same unit her sister works in intelligence in.

​The unit is a volunteer-only unit, mostly made up of young, smart, educated Ukrainians who gave up their everyday jobs and studies at university to join the resistance.

​Seen as one of the most elite and efficient units, known for its intense training, has more than 500 people trying to sign up to join every month.

Maryna has been working in the army for four years, since the day after the war broke out. She was given a week’s training in technical medicine before being let out into the field and in those first days of war, when no one knew what lay ahead, she did not know how alone she would live.

Viktoriia - or Tori as she is called in the military - now works in the Third Assault Brigade, the same unit her sister works in intelligence in

Viktoriia – or Tori as she is called in the military – now works in the Third Assault Brigade, the same unit her sister works in intelligence in

‘When I joined, I thought I would die in three days because I didn’t know what would be happening in the next week,’ Maryna said.

‘There was no understanding on how the world would be and if Russians would come here. We didn’t know anything so my plan was to do something and if I was going to die, I would die for my country.’

Maryna, who was Ukraine’s first female assault trooper and now leads the intelligence unit in her squad, has, according to her sister, ‘the most badass job here in Ukraine’.

​The older sister captured members from the Wagner Group, who her sister says ‘couldn’t believe he had been taken prisoner by a woman’.

​When Viktoriia joined, she was given a week’s training in technical medicine before being given her first assignment.

​The sisters, who used to constantly squabble as children, are now grateful they work in the same unit and can check in on each other.

​The pair, who were brought up in Baranivka, close to the Belarus border, can hear each other chatting on the radio and know they are okay.

​’I can tell by her voice if she was tired or not, if she was scared or not, for me it was a lot more peaceful just knowing she was okay and we were getting to see each other a lot more often,’ Viktoriia said.

There are still disagreements, however. Most notably on their view of Russian prisoners of war.

Speaking of having to treat their opponents, Maryna said: ‘I see this sad little guy. This old white guy, who is so scared to say a word to you.

​’It’s not like an option [to treat them]. You don’t think he is a prisoner of war (PoW), just someone you need to help.’

As part of the think tank Viktoriia set up she has spoken in the US, London and at the Munich Security Conference

As part of the think tank Viktoriia set up she has spoken in the US, London and at the Munich Security Conference 

But Viktoriia, who admits she is the more emotional one of the pair, said while she will always treat PoW with compassion, she finds it hard to fully disassociate from the situation.

She said: ‘I don’t feel the same way. It is hard for me not to think that these are the people that came. They could have made a different choice. They could have done something about this.

‘I was a very big believer that people are inherently good before all of this but I don’t think so anymore.

‘One of the PoW I had to treat was right after four friends were killed, right after we retrieved their bodies, and then the same night I had to pick up a PoW and change him adn I thought, really – this might be the guy who killed our friend.

‘It’s difficult because it’s something we have to do because Russians are really cruel with our prisoners of war and we are not like this, we are civilised people.’

​When she is not working as a paramedic, saving lives in often terrible conditions, Viktoriia is working on her think tank – the Snake Island Institute – which was set up in the wake of President Trump’s bust-up with President Zelensky in the Oval Office.

​The think tank aims to represent Ukraine’s military experience in the international arena, communicated by those actively working in units, rather than purely through politicians.

It has led to Viktoriia speaking in the US, in London and last week at the Munich Security Conference about various issues from defence technology to building better partnerships with allies.

​’Often, certain messages about Ukraine’s military experience do not get across in the way it needs to,’ she said.

‘We saw this urgent need to create something that is independent and that can communicate our Ukrainian military experience to our Western allies.

So we started the Snake Island Institute as an emergency think tank with the goals to aggregate Ukrainian military experience and use it to position Ukraine as a partner.

‘Ukraine has so much to offer. President Trump wants a deal, let’s have a deal, right? The deal is we help you, you help us.’

And it’s not just the United States Viktoriia wants to send a message too – it is also to the UK and the rest of their allies in Europe, who she believes are simply not prepared for the threat of war.

​’You guys [the UK] are not ready to fight anyone and you need to be,’ she said bluntly.

​’In Ukraine, we are really interested in you guys [Europe] being strong as you are our allies.

‘It is not a race between the allies; we should be one big allied association.’

The work the sisters have done over the past few years has seen them being made poster-girls for the Ukrainian army – even being painted by the British war artist Max Denison-Pender.

A portrait of Viktoriia sitting in a ruined tank in the city of Bakhmut in 2023 hangs in the reception of the UK Defence Academy in Shrivenham, as an inspiration to British troops.

​She has spoken at Sandhurst and spoke at the Munich Security Conference last week about how fibre optic drones are changing the face of warfare.

Viktoriia has been depicted as a role model to many in Ukraine, and around Europe as a whole and while she was initially proud of this, it comes at a price which weighs on her conscience.

​’I thought it was cool at first until the first girl I knew who I was inspired to join went into the army and was killed,’ she said. ‘I felt very uneasy about it.’

​’That is the hardest part, the hardest part is to see people die,’ she adds.

A portrait of Viktoriia sitting in a ruined tank in the city of Bakhmut in 2023 hangs in the reception of the UK Defence Academy in Shrivenham

A portrait of Viktoriia sitting in a ruined tank in the city of Bakhmut in 2023 hangs in the reception of the UK Defence Academy in Shrivenham

Since Russia launched its full-scale invasion four years ago, at least 55,000 Ukrainian soldiers have been killed since 24 February 2022 according to President Zelensky, however, the estimated figure is expected to be higher.

Amongst the pictures of herself surrounded by friends in the army, there are several tributes to close friends of Viktoriia who have died in the war.

​And as for her return to Manhattan, Viktoriia does not know what the future holds. Her desk remains open for her at any point she does decide to return, but for now, she is focused on creating a stronger Ukraine.


U.S. official confirms strikes against Iran underway: Reuters


TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images)

– | Afp | Getty Images

A U.S. official has confirmed that American forces attacked Iran, the Reuters news agency reported on Saturday.

Earlier, Israel launched a daylight attack Saturday on Iran’s capital, with a cloud of smoke rising from the city’s downtown, the Associated Press reported.

It wasn’t immediately clear what the target was. But the attack comes as the United States has assembled a vast fleet of fighter jets and warships in the region to try to pressure Iran into a deal over its nuclear program.

Israeli Defense Minister Israel Katz described the attack as being done “to remove threats.” He did not immediately elaborate.

In Tehran, witnesses heard the blast. Iranian state television later reported on the explosion, without offering a cause.

Sirens sounded across Israel at the same time. The Israeli military said that it had issued a “proactive alert to prepare the public for the possibility of missiles being launched toward the state of Israel.”

The U.S. military declined to immediately comment on the attack.

President Donald Trump warned earlier in February that “really bad things” would happen unless Tehran agreed to a deal over the future of its nuclear program. The attack, which comes after a significant build up of military assets in the oil-rich Middle East region.

The U.S. and Iran had held a third round of talks in Switzerland on Thursday to try to resolve a standoff.

Ahead of the discussions, U.S. Secretary of State Marco Rubio said Iran’s reluctance to talk about its ballistic missile development program, alongside its nuclear program, was a “big, big problem.” Iran had said it was willing to compromise when it came to its nuclear program, but had repeatedly said Tehran’s missile program had never been part of the talks’ agenda.

There were earlier signs that Washington was losing its patience with Iran after the White House said, after previous talks, that Iran was not addressing its core demands.

This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, 2025.

Evelyn Hockstein | Amer Hilabi | AFP | Getty Images

Earlier in February, Iran reportedly said in a letter to United Nations Secretary-General Antonio Guterres that Tehran would respond “decisively” if subjected to military aggression.

Energy market participants have been closely monitoring the escalating geopolitical tensions, with oil prices climbing to six-month highs after Trump’s amid concerns of a possible supply shock.

Iran, a founding member of OPEC, is a major oil producer and sits at the heart of the strategically vital Strait of Hormuz, through which about 20% of the world’s oil passes.

Last June, the U.S. launched strikes on three Iranian nuclear facilities, causing what intelligence suggested was severe damage to Tehran’s nuclear program. Iran responded by launching a retaliatory strike on an American air base in Qatar, reportedly causing minor damage but inflicting no casualties.

This is breaking news. Please check back for updates.


Trump admin blacklists Anthropic as AI firm refuses Pentagon demands


Trump admin blacklists Anthropic as AI firm refuses Pentagon demands

President Donald Trump said Friday that he was ordering every U.S. government agency to “immediately cease” using technology from the artificial intelligence company Anthropic.

Trump in a Truth Social post said there would be a six-month phase-out for agencies such as the Defense Department, which “are using Anthropic’s products, at various levels.”

Defense Secretary Pete Hegseth, soon after Trump’s order, said on X that he was ordering the Pentagon to “designate Anthropic a Supply-Chain Risk to National Security” after the AI startup refused to comply with demands about the use of its technology.

Anthropic said in a statement late on Friday that it is “deeply saddened by these developments.” The company said it will challenge any supply chain risk designation in court. 

“We believe this designation would both be legally unsound and set a dangerous precedent for any American company that negotiates with the government,” Anthropic said.

Anthropic, which signed a $200 million contract with the Pentagon in July, wanted assurances that its AI models would not be used for fully autonomous weapons or mass domestic surveillance of Americans.

The Pentagon, which strongly resisted that request, set a deadline of 5:01 p.m. ET Friday for Anthropic to agree to its demands that the U.S. military be allowed to use the technology for all lawful purposes.

That deadline passed without an agreement.

“Anthropic’s stance is fundamentally incompatible with American principles,” Hegseth said in a statement on X.

“Their relationship with the United States Armed Forces and the Federal Government has therefore been permanently altered.”

“Anthropic will continue to provide the Department of War its services for a period of no more than six months to allow for a seamless transition to a better and more patriotic service,” the Defense secretary said. “America’s warfighters will never be held hostage by the ideological whims of Big Tech. This decision is final.”

Trump, in his Truth Social post, wrote, “The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution.”

“Their selfishness is putting AMERICAN LIVES at risk, our Troops in danger, and our National Security in JEOPARDY.”

“Therefore, I am directing EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic’s technology,” Trump wrote.

“We don’t need it, we don’t want it, and will not do business with them again!”

Sen. Mark Warner, the Virginia Democrat who is vice chair of the Senate Select Committee on Intelligence, condemned Trump’s action.

“The president’s directive to halt the use of a leading American AI company across the federal government, combined with inflammatory rhetoric attacking that company, raises serious concerns about whether national security decisions are being driven by careful analysis or political considerations,” Warner said in a statement.

“President Trump and Secretary Hegseth’s efforts to intimidate and disparage a leading American company — potentially as the pretext to steer contracts to a preferred vendor whose model a number of federal agencies have already identified as a reliability, safety, and security threat — pose an enormous risk to U.S. defense readiness and the willingness of the U.S. private sector and academia to work with the IC [Intelligence Community] and DoD, consistent with their own values and legal ethics,” Warner said.

Elon Musk, the mega-billionaire who had been Trump’s biggest financial backer in the 2024 election, owns xAI, which aims to compete directly with Anthropic and another major AI company, OpenAI.

Musk in recent weeks has repeatedly bashed Anthropic on his social network X, writing on Friday that the company “hates Western civilization.”

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Anthropic CEO Dario Amodei said Thursday that his company “cannot in good conscience” allow the Pentagon to use its models without limitation.

In a statement on Thursday, Amodei said, “It is the [Defense] Department’s prerogative to select contractors most aligned with their vision. But given the substantial value that Anthropic’s technology provides to our armed forces, we hope they reconsider.”

“Our strong preference is to continue to serve the Department and our warfighters — with our two requested safeguards in place,” Amodei said.

“Should the Department choose to offboard Anthropic, we will work to enable a smooth transition to another provider, avoiding any disruption to ongoing military planning, operations, or other critical missions. Our models will be available on the expansive terms we have proposed for as long as required.”

CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, Jan. 20, 2026.

Denis Balibouse | Reuters

On Friday, another major AI company, OpenAI, said it has the same “red lines” as Anthropic regarding the use of its technology by the Pentagon and other customers.

“We have long believed that AI should not be used for mass surveillance or autonomous lethal weapons, and that humans should remain in the loop for high-stakes automated decisions,” Open AI CEO Sam Altman wrote in a memo seen by CNBC.

OpenAI last year signed its own $200 million contract with the Pentagon.

OpenAI’s contract is for AI models in non-classified use cases, which include everyday office tasks.

Anthropic’s contract with the Defense Department included classified work.

The Defense Department had no comment on Friday other than pointing to Trump’s announcement.

Hegseth, in a post on X, included a screengrab of Trump’s post, and cc:ed Anthropic and Amodei with the message, “Thank you for your attention to this matter.”

— CNBC’s Lora Kolodny contributed to this article


Trump says he’d ‘love not to’ attack Iran, ‘but sometimes you have to’


U.S. President Donald Trump stops to speak to the media as he departs on Marine One on the South Lawn of the White House on Feb. 27, 2026 in Washington, DC.

Andrew Harnik | Getty Images

President Donald Trump on Friday said that “I’d love not to use” the U.S. military to attack Iran, “but sometimes you have to.”

But Trump also said, “We haven’t made a final decision” on whether to attack Iran.

“We’ll see what happens,” he said. “We’re talking later today. We’ll have some additional talks today.”

Trump’s comment to reporters outside the White House came after he expressed frustration at Iran’s refusal to comply with American demands to curb its nuclear program.

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“We’re not thrilled with the way they’re negotiating,” Trump said. “They cannot have nuclear weapons.”

“I’m not happy that they’re not willing to give us what we have to have,” Trump said, referring to that condition.

Asked by a reporter if there could be a long, drawn-out conflict in the Middle East if the United States attacks Iran, Trump said, “I guess you could say there’s always a risk.”

“It’d be wonderful if they negotiate, really, in good conscience, good faith,” he said. “They are not getting there so far.”

Omani Foreign Minister Badr al-Busaidi, who has been mediating negotiations between the U.S. and Iran, met in Washington, D.C., with Vice President JD Vance and other American officials in a bid to avoid war.

A statement issued by Oman’s government after the meeting put a positive spin on those talks that was not reflected in Trump’s blunt comments.

“The meeting examined the indirect US-Iran negotiations sponsored by the Sultanate of Oman, alongside the diplomatic endeavours seeking to culminate in a just and enduring agreement concerning the nuclear file and to guarantee the peaceful character of Iran’s nuclear energy program,” Oman’s government said.

“I am grateful for their engagement and look forward to further and decisive progress in the coming days,” al-Busaidi said in a post on X. “Peace is within our reach.”

During an interview with MS Now, when asked if there was a chance of the United States attacking Iran overnight, al-Busaidi said, “I can’t answer that question, because I don’t know.”

“I think President Trump is sincerely passionate for a deal,” al-Busaidi said. “He wants to have a deal. He wants to have a diplomatic solution, and this is what we are trying to do.”

But Trump, in a speech later Friday afternoon in Corpus Christi, Texas, said of Iran, “We have a very big decision.”

“We have a country that’s been 47 years blowing people’s legs off, arms off,” Trump said. They’ve been knocking out ships, killing people, lots of people, not only Americans, lots of people.”

Trump said he wanted to “make a deal that’s meaningful.”

“I’d rather do it the peaceful way,” Trump said, while calling Iran’s government “very difficult people, dangerous people, very difficult people.”

The U.S. Embassy in Jerusalem earlier Friday authorized non-emergency U.S. government personnel and their family members to leave Israel “due to safety risks.”

Also Friday, the massive American aircraft carrier, the USS Gerald Ford, arrived off Israel’s coast.

Also on Friday, the State Department said that Secretary of State Marco Rubio would visit Israel on Monday and Tuesday to discuss Iran and other regional issues.


Royal family faces fresh Andrew nightmare as FBI is urged to reopen probe into former prince’s Epstein ties


Behind the brutalist facade of FBI headquarters at 935 Pennsylvania Avenue agents are no doubt watching the scandal engulfing Britain’s royal family with more than a passing interest.

Whether there is any current FBI investigation into Andrew Mountbatten-Windsor remains a closely guarded secret. The agency typically works in silence and refuses to confirm or deny if active investigations exist.

But in the wake of the former prince’s arrest in the UK calls for action by America’s G-Men are growing.

‘If there is an active US investigation touching on conduct connected to American victims, or US soil, then the Federal Bureau of Investigation absolutely should seek to interview him through proper legal channels,’ Spencer Kuvin, a lawyer representing victims of Jeffrey Epstein, told the Daily Mail.

‘The United States and the United Kingdom have well-established mutual legal assistance mechanisms. Cooperation between governments is critical in transnational abuse cases. Survivors deserve a full accounting of the facts – wherever those facts lead.’

Royal family faces fresh Andrew nightmare as FBI is urged to reopen probe into former prince’s Epstein ties

Andrew is pictured being driven away from a police station after being arrested on suspicion of misconduct in public office on February 19, 2026

Andrew, 66, was arrested on Thursday on suspicion of misconduct in public office. He was held in custody for 11 hours before being released under investigation.

He is accused of sharing sensitive information with Epstein, the late pedophile financier, during his time as a UK trade envoy.

Andrew has previously vehemently denied any wrongdoing over his links to Epstein.

If any of the information involved in the misconduct in public office case was found to relate to US companies then Andrew could also be investigated in America, according to the Epstein victims’ lawyer.

‘Given the historical association between Andrew and Jeffrey Epstein, any credible evidence of financial misconduct tied to US jurisdiction warrants thorough scrutiny,’ Kuvin said.

He added: ‘If no US information was traded, then it is likely that only the UK would assert jurisdiction over crimes like this.’

A spokesman for the FBI said: ‘The FBI declines to comment.’

Federal Bureau of Investigation Headquarters in Washington DC

Federal Bureau of Investigation Headquarters in Washington DC

Last July, Andrew was given a boost when an internal FBI memo revealed the agency did not at that time anticipate further charges against anyone in relation to Epstein.

Investigators said they had discovered no ‘evidence that could predicate an investigation against uncharged third parties’.

Videos and photos seized from Epstein’s homes in New York, Florida and the Virgin Islands did not implicate anyone else in his crimes, according to the memo.

However, since Andrew’s arrest in the UK, there has been renewed pressure from members of Congress for investigations in the US to be renewed or intensified.

Republican congressman Thomas Massie, who was behind the law that led to the release of the Epstein Files, wrote on X: ‘Prince Andrew was just arrested. This was the metric I established for success of the Epstein Files Transparency Act.

‘Now we need JUSTICE in the United States. It’s time for Attorney General Pam Bondi and FBI Director Kash Patel to act!’

Disturbing images released as part of the Epstein files appeared to show Andrew crouching on all fours over a female lying on the floor

Disturbing images released as part of the Epstein files appeared to show Andrew crouching on all fours over a female lying on the floor

FBI Director Kash Patel and Attorney General Pam Bondi are facing calls from members of Congress to take more action in the wake of the release of the Epstein files

FBI Director Kash Patel and Attorney General Pam Bondi are facing calls from members of Congress to take more action in the wake of the release of the Epstein files 

Member of Congress Thomas Massie pressed for release of the Epstein files

Member of Congress Thomas Massie pressed for release of the Epstein files

Pressure for Andrew to testify to Congress is also reaching a crescendo.

The House Oversight Committee, which is investigating the Epstein scandal, wrote to Andrew in November asking him to submit to questioning as part of its inquiry.

In the wake of his arrest Suhas Subramanyam, a Democratic congressman on the committee, said: ‘He has continued to ignore our calls to cooperate with the Oversight Committee’s investigation. We hope the arrest will lead to answers and show that there will be accountability even if you hide, regardless of how rich and powerful you are.’

At FBI headquarters, the file of information about Andrew has been slowly growing for 15 years.

The Epstein files show that he was first mentioned in an FBI inquiry into Epstein in 2011 when agents went to Australia to interview a victim of the financier.

The name of the woman was redacted but she appeared to be Virginia Giuffre.

In the interview she claimed that Epstein abused her and that she was trafficked by Ghislaine Maxwell to other men, including Andrew.

Virginia Giuffre took her own life in April 2025 aged 41

Virginia Giuffre took her own life in April 2025 aged 41

Amanda Roberts, sister-in-law of Virginia Giuffre, at the US Capitol in Washington DC on February 10, 2026

Amanda Roberts, sister-in-law of Virginia Giuffre, at the US Capitol in Washington DC on February 10, 2026

She claimed that, when she was 17, Andrew engaged in sexual activity with her at Maxwell’s home in London, and that she gave him an ‘erotic massage’ at Epstein’s home in New York.

Andrew has always vehemently denied Giuffre’s claims, including during a Newsnight interview in 2019. Giuffre took her own life last year.

In 2019, an internal Department of Justice memo showed that prosecutors wanted to speak to Andrew as part of their Epstein investigation.

The memo said: ‘We are in the process of obtaining the name of a lawyer who represents Prince Andrew. Once we have this contact information, we plan to request an interview.’

The following year, Geoffrey Berman, the Manhattan US attorney, publicly accused Andrew of giving ‘zero’ assistance.

Berman said: ‘Prince Andrew has now completely shut the door on voluntary cooperation and our office is considering its options,’

The Epstein Files reveal that Andrew’s attorney subsequently privately asked officials at the Department of Justice to stop making such statements.

The attorney said he would ‘need to gather information from the Royal Household and others’ before Andrew could cooperate.

A picture of Andrew Mountbatten-Windsor lying across a row of women in a photo during a black-tie event with Ghislaine Maxwell was released as part of the Epstein files

A picture of Andrew Mountbatten-Windsor lying across a row of women in a photo during a black-tie event with Ghislaine Maxwell was released as part of the Epstein files

Epstein had offered to set up a dinner for Andrew with a 'clever, beautiful and trustworthy' 26-year-old Russian woman, saying: 'She has your email.' The former prince, who would have been 50 at the time, replied that he would be 'delighted to see her'. And he cheerfully asked the convicted child sex predator, whose house arrest had finished just days earlier: 'Good to be free?'

Epstein had offered to set up a dinner for Andrew with a ‘clever, beautiful and trustworthy’ 26-year-old Russian woman, saying: ‘She has your email.’ The former prince, who would have been 50 at the time, replied that he would be ‘delighted to see her’. And he cheerfully asked the convicted child sex predator, whose house arrest had finished just days earlier: ‘Good to be free?’ 

Andrew has been arrested on suspcion of misconduct in public office

Andrew has been arrested on suspcion of misconduct in public office

Department of Justice officials went on to make a formal request for British authorities to interview Andrew as a witness in connection with the Epstein investigation. 

It was a request made under the Mutual Legal Assistance (MLA) treaty between the two countries.

Later, dealings between the two countries over whether Andrew would cooperate became even more delicate.

In an email exchange on Aug. 24, 2021, a British government official wrote to the US Embassy in London: ‘We are aware that a civil case has been filed (by Virginia Giuffre) in New York concerning the Epstein investigation with the material witness (Andrew) as the defendant.

‘Please can you let us know what impact this has on the material witness’s current status, as a witness, in the criminal investigation and in relation to the MLA request.’

A US Embassy official passed that on to the Department of Justice in Washington, writing: ‘I think they (the British) are asking whether, in light of the recent allegations, that Andrew “is now a suspect instead of a witness (in British parlance)”.’

‘I was going to respond with one word “none” but thought I should check first… The earlier the better because the Amb is keen to sort this out.’

The ‘Amb’ appeared to be a reference to the US ambassador in London.

Epstein took his own life in a prison cell in New York in 2019

Epstein took his own life in a prison cell in New York in 2019

Unmarked Police vehicles exit the gates of the Royal Lodge after carrying out searches at two properties linked to Andrew

Unmarked Police vehicles exit the gates of the Royal Lodge after carrying out searches at two properties linked to Andrew

The Epstein Files also show the British complained about leaks in the US that Andrew’s ‘refusal to talk’ to Epstein investigators was ‘straining relations’ between the UK and US.

Andrew’s last known visit to the US was in 2010 when he visited Epstein in New York.

There have been reports, citing friends, that he is ‘terrified’ to go back in case he is arrested.

‘It is not known whether there is a criminal investigation ongoing in the US, but fear of that could keep Andrew from traveling to the United States for holidays or to visit friends,’ immigration lawyer Melissa Chavin said.

She said if Andrew did agree to give evidence to Congress then he could be given a guarantee that he would not be arrested.

That could be done under a program run by US Immigration and Customs Enforcement (ICE) for expert witnesses.

Some of the email correspondence between Andrew Mountbatten-Windsor and Epstein

Some of the email correspondence between Andrew Mountbatten-Windsor and Epstein

Congress has asked to hear from Andrew Mountbatten-Windsor as part of its Epstein investigation

Congress has asked to hear from Andrew Mountbatten-Windsor as part of its Epstein investigation

‘ICE facilitates parole requests from government agencies like the FBI and the Department of Justice,’ she said.

‘ICE coordinates with the consulate local to the witness, like the London US Embassy, to authorize the parole. The witness would be watched carefully while in the US, and leave the country immediately following their testimony.’

Andrew has probably already lost his special royal visa to enter the US, she told the Daily Mail.

The A-1 ‘Head of State’ visa allows holders to come and go as they please from the US with minimal security checks and they receive special treatment at airports.

Names for those visas are put forward by foreign governments and approved by the US Secretary of State,

She said it was likely that the UK had Andrew ‘taken off the visa request rolls’ some time ago.


Democrats plan to force Iran war powers vote next week


U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC.

Kevin Dietsch | Getty Images

Congressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President Donald Trump engages in a massive military buildup in the region. The resolution would limit Trump’s ability to conduct military action there.

Reps. Ro Khanna, D-Calif., and Thomas Massie, R-Ky., have introduced a measure known as a war powers resolution that would compel the administration to seek congressional approval before engaging in any further activity in Iran. Congress has the sole authority to declare war under the U.S. Constitution, though that authority has been stretched in recent years by the executive branch.

“As soon as Congress reconvenes next week, we will compel a vote of the full House of Representatives on the bipartisan Khanna-Massie War Powers resolution,” the Democratic leaders led by House Minority Leader Hakeem Jeffries, D-N.Y., said in a statement.

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“The Iranian regime is brutal and destabilizing, seen most recently in the killing of thousands of protestors,” the statement read. “However, undertaking a war of choice in the Middle East, without a full understanding of all the attendant risks to our servicemembers and to escalation, is reckless.”

The war powers resolution would also need to be approved by the Senate if it is passed by the House. But passage from the House is far from a guaranteed outcome as bipartisan lawmakers have recently lined up against the resolution.

Reps. Mike Lawler, R-N.Y., and Josh Gottheimer, D-N.J., released a statement last week opposing the measure, citing concerns about Iran’s nuclear and ballistic missile capabilities.

“We respect and defend Congress’s constitutional role in matters of war. Oversight and debate are absolutely vital,” the pair wrote. “However, this resolution would restrict the flexibility needed to respond to real and evolving threats and risks, signaling weakness at a dangerous moment.”

Trump has overseen a massive military buildup in the Middle East and has threatened strikes against Iran. His administration is also negotiating with Tehran over the country’s nuclear program. The two countries held a third round of talks in Geneva on Thursday.

Omani Foreign Minister Badr Albusaidi in a post on X described the day’s negotiations as having made “significant progress.” He said that technical discussions will continue next week in Vienna and that the principals would reconvene “soon after consultation in the respective capitals.”

The president said during his State of the Union address Tuesday that he prefers to resolve the Iran situation diplomatically but did not take military force off the table.

“I will never allow the world’s No. 1 sponsor of terror, which they are by far, to have a nuclear weapon,” Trump said.


European defense companies should step up collaboration to fix ‘fragmented’ sector, Leonardo CEO tells CNBC


European defense companies must take a stronger lead on collaborating to help the continent become independent of the U.S. security umbrella, Leonardo‘s CEO told CNBC.

Speaking with CNBC’s “Squawk Box Europe” on Wednesday after Leonardo’s annual results statement, Roberto Cingolani said European defense companies have “all the capabilities and technical skills” and should not wait for governments to fix the sector, which he warned was “fragmented.”

Companies should take the lead in a process of “aggregation”, which European governments would follow, he said, adding that this approach “pays a lot” and helps enable companies to become “better, faster, more profitable.”

He pointed to Leonardo’s partnership with the U.K.’s BAE Systems and Japan’s Mitsubishi Heavy Industries as co-founders of the Global Combat Air Programme (GCAP) to jointly develop the Tempest stealth fighter.  

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European defense companies should step up collaboration to fix ‘fragmented’ sector, Leonardo CEO tells CNBC

Leonardo.

Leonardo has also developed joint agreements with German defense giant Rheinmetall for land defense systems, and with Turkish drone maker Baykar, he said.

Last October, Leonardo also unveiled plans for a combined space and satellite company with Airbus and Thales to rival Elon Musk’s Starlink.

“I’m firmly convinced nobody can make it on their own,” Cingolani told CNBC. “We need to deploy synergies, we need to understand joining forces in a competitive industry like defense is fundamental to be successful, to be fast in responding to the needs of our societies.”

‘Silent agreement’

Europe has emptied its arsenals, says Leonardo CEO

“On the other hand, it means we need to develop our own technologies that are complementary to the American ones and under the NATO umbrella, he added.

“It’s not America versus Europe — it’s just collaborating on a more symmetric basis.”

His comments came after Leonardo reported an 18% annual increase in core profits — topping 1.75 billion euros ($2.1 billion) — in its latest earnings statement on Wednesday.

New orders rose 14.5% last year, to 23.8 billion euros, powered by its aeronautics division, as net debt sat at 1 billion euros — a 44% decrease for the Rome-headquartered, Milan-listed company.

Its shares finished Wednesday’s session 3.5% down after the earnings.


These 4 charts show the scale of Novo Nordisk’s woes


Novo Nordisk was the first company to make a GLP-1 drug for weight loss and became Europe’s most valuable company.

But its troubles are stacking up and today the stock trades at just a quarter of what it did at its peak less than two years ago.

Pricing pressure, fierce competition, and pipeline setbacks have all hit the Danish drugmaker in recent months.

Despite being first to launch a GLP-1 drug for weight loss, Novo’s market share has eroded, and the company now only captures about 40% of the market, while rival Eli Lilly holds 60%, according to most estimates.

Novo is clear-eyed about the challenges it faces, especially around pricing. After the company pre-released its 2026 forecast earlier this month and predicted declining sales, CEO Mike Doustdar told CNBC: “People should expect that it goes down before it comes back up.”

He’s repeatedly said that new medicines, the Wegovy pill, and increased volumes will drive long-term growth.

These charts show the scale of the challenges Novo is facing.

Novo Nordisk is often referred to as a diabetes and obesity pure play. Its portfolio included six branded drugs with annual sales of at least $1 billion in 2025, fewer than comparable current and future rivals.

Eli Lilly boasts eight so-called blockbuster drugs, and its portfolio also includes oncology and gene therapies.

The combined sales of Ozempic and Wegovy, Novo’s two biggest drugs, amounted to about $32 billion, or about 67% of total sales, last year. Combined sales of Lilly’s two biggest drugs, Mounjaro and Zepbound, were about $37 billion, or about 56% of the company’s total sales over the same period.

Novo also sells insulin, including blockbusters Tresiba and NovoRapid, as well as some drugs for rare diseases like hemophilia, but none come close to bringing in what its GLP-1 drugs do.

Among large-cap pharma companies hoping to enter the market for weight loss drugs in the coming years, such as AstraZeneca, Roche, Amgen, and Pfizer, through its acquisition of Metsera, the number of blockbuster drugs was significantly higher.

Novo Nordisk has also come under pressure as prices for GLP-1 drugs are coming down in its most important market, the U.S.

The U.S. has accounted for more than half of Novo’s total sales since 2023, and falling prices there are weighing on both the company’s topline and profitability. Last year, Novo and Lilly reached a deal with the Trump administration to lower prices on their GLP-1 drugs on Medicare and Medicaid and offer the treatments directly to consumers at a discount.

“In 2026, Novo Nordisk will face pricing headwinds in an increasingly competitive market,” said CEO Mike Doustdar, as the company’s full-year earnings report was published earlier this month.

Novo stock is down 75% since peaking at just over 1,000 Danish kroner a share in mid-2024.

The stock is up a little over 10% over the last five years. That compares to Eli Lilly’s 400% rise and the European blue-chip index Stoxx 600‘s 55% gain over the same period.

Investors were last rattled on Monday when Novo reported disappointing results of a trial pitting its next-generation weight loss drug, CagriSema, against Eli Lilly’s tirzepatide, also known as Zepbound, sending the stock down over 16% on the day.

“Confidence in the share is at rock bottom,” said Jyske Bank analyst Henrik Hallengreen Laustsen on Tuesday.

Earlier this month, Novo Nordisk said it expected sales and profits to drop by between 5% and 13% in 2026. If that comes to be true, it would be the first time annual sales have declined since 2017, in local currencies.

Analysts surveyed by FactSet expect sales to come in about 8% lower in 2026 compared to 2025. Much of that is due to increasing competition from both Eli Lilly and compounding pharmacies that are selling copycat versions of Novo’s branded drugs for a lower price.

Longer term, other large-cap pharma companies are planning to enter the market, and are pitching investors more differentiated weight loss drugs to be able to secure a slice of the market share for themselves.

Novo is hoping CagriSema can beef up future sales, but after the latest trial results, analysts are increasingly doubting its commercial potential.

Novo said it is optimistic about the drug, and that further trials would assess its full weight-loss potential.

The Wegovy pill is another potential growth driver for Novo and had a strong launch. However, it remains to be seen how it will fare if Lilly launches its rival pill, expected to hit the market in the second quarter, and what effects lower prices might have on volumes.