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AeroVironment Erupts On "Asymmetric Warfare Boom"
AeroVironment Erupts On "Asymmetric Warfare Boom"
AeroVironment shares surged the most in nearly two decades in early trading after the defense contractor - best known for its loitering munitions and unmanned systems - reported stronger-than-expected fourth-quarter results and issued fiscal 2027 revenue guidance that topped Wall Street estimates tracked by Bloomberg.
AeroVironment's fiscal fourth-quarter revenue jumped 31% to $642 million, well ahead of the Bloomberg Consensus estimate of $556.4 million, driven mostly by its autonomous systems unit and soaring demand for Switchblade, Red Dragon, and Titan.
Switchblade
Adjusted EBITDA of $140.1 million...
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Jun 8, 2026 / Tyler Durden
Netanyahu Confirms Israel 'Holding Fire...For Now' After Trump's Request To Halt Iran Retaliation
Jul 17, 2026 / Tyler Durden
Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump
Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump
US Housing Starts exploded higher by 19% MoM in June, dramatically more than the already large 11.2% MoM expectation and rebounding from the prior two ugly monthly declines.
This was the biggest monthly increase in Starts since May 2023.
On the other side, the more forward-looking Building Permits declined for a second straight month...
This shouldn't be a total surprise after yesterday's decline in builder sentiment (confidence among US homebuilders dropped for a second month to the lowest level of...
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May 12, 2026 / Tyler Durden
Virginia Democrats Ask US Supreme Court To Reinstate Congressional Map
Virginia Democrats Ask US Supreme Court To Reinstate Congressional Map
Authored by Bryan Hyde via American Greatness,
Virginia Democrats, along with their state Attorney General, have asked the US Supreme Court to override the Virginia Supreme Court’s decision last week that struck down a partisan redistricting plan.
ABC News reports Virginia Attorney General Jay Jones wrote in the emergency application filed on Monday that the Virginia Supreme Court was “deeply mistaken” when it invalidated a ballot measure to amend the state constitution that would have netted Democrats as many as four new congressional...
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