Axon Enterprise shares drop 10% after missing profit estimates due to rising tariff costs. The Taser-maker raises 2025 revenue outlook and announces a $625M Carbyne acquisition.
A UPS cargo plane crashed and exploded at a Kentucky airport, killing at least 7 people and injuring 11.
Babcock & Wilcox secures a $1.5 billion agreement to supply one gigawatt of power for Applied Digital’s AI Factory, marking a major step into AI data center energy solutions.
Hertz Global (HTZ) posts its first profit in over two years, driven by lower vehicle costs, strong car sales, and record fleet utilization, sending shares soaring over 38%.
Intuitive Machines acquires Lanteris Space Systems for $800M, expanding from lunar missions to becoming a multi-domain space prime with $850M+ combined revenue.
Vertiv intends to acquire PurgeRite to enhance fluid management services, supporting high-density AI data centers and improving thermal efficiency and system uptime.
