The Marked Chart Wire · Business
HotAxon
AXON shares fall to two-year low on revenue miss
Axon reported third-quarter revenue below estimates due to delays in Federal Dedrone deployments, sending the stock to its lowest level in two years.
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Axon Earnings
AXON misses quarterly earnings and revenue estimates
Axon reported earnings per share of $1.72, missing the $1.89 estimate, and revenue of $908.6 million, below the $934.3 million forecast. Both metrics grew year over year.
HotAMD
AMD forecasts 2027 sales to rise over 80 percent
The chipmaker projects its 2027 revenue will expand by more than 80 percent, a figure that is more than double its prior estimate.
Akzo Nobel Axalta
Akzo Nobel and Axalta receive EU merger approval
The European Commission granted conditional approval for the $25 billion all-stock merger between Akzo Nobel and Axalta. The deal is subject to divestment requirements and is expected to close soon.
HotCybertruck
Tesla shareholders voice concern over Cybertruck production cuts
Investors criticized the electric pickup's weak sales following Elon Musk's statement that manufacturing will end by 2027. Some observers labeled the move a missed chance for the automaker.
AES Earnings
AES reports quarterly earnings and revenue above estimates
AES Corp posted GAAP earnings per share of $0.76 and revenue of $3.87 billion, with revenue beating estimates by $700 million.
Meta
META Platforms introduces new non-voting share class
Meta Platforms has launched a new share class that does not carry voting rights.
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