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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 4, 2026 / Tyler Durden
Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years
Jobless Claims Jump As US Tech Firms Announce Most Job Cuts In 2 Years
The number of Americans filing for unemployment benefits for the first time jumped to its highest in three months last week at 225k (215k exp), but this remains well within the range of the last five years...
Source: Bloomberg
The biggest increase in initial claims came from California while Texas saw the biggest decline...
Continuing Jobless Claims dipped to 1.777 million Americans (remaining below the 1.8mm Maginot Line), just above two year lows...
Source: Bloomberg
However, despite the seemingly solid claims...
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Aug 14, 2026 / Tyler Durden
Stocks Set To Post Fresh All Time High As Tech Euphoria Returns
Stocks Set To Post Fresh All Time High As Tech Euphoria Returns
Futures are fractionally higher, as they have been much of this supercharged week which pushed stocks to new all tim ehighs, amid quiet news flow this morning. As of 8:00am ET, S&P futures are up 0.1% after the index closed at a record on Thursday. Nasdaq 100 futures advanced 0.2%, with the tech benchmark set for a 1.2% gain in the week. Momentum darling Sandisk rallied almost 6% in premarket trading after surging double digits yesterday and is now up...
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Aug 20, 2026 / Tyler Durden
African Stampede For Kentucky Fried Chicken Causes Pandemonium
African Stampede For Kentucky Fried Chicken Causes Pandemonium
Kentucky Fried Chicken is running a once in a blue moon promotion to celebrate a 15 year franchise anniversary. The only problem is, they're doing it in West Africa in the country of Ghana where the poverty rate is 22% and the average yearly wage is $2630 USD.
The one-day deal (one piece of chicken, two tenders, and a small fry for GH¢15, roughly equivalent to $1.35 US) ran from 9 AM to 5 PM at locations across Ghana. The event unexpectedly drew...
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