drones

Tesla Inc. (NASDAQ:TSLA) saw a sharp decline last week as the tensions between Elon Musk and President Donald Trump flared up on social media, however, this expert predicts no change in its long-term view despite the fall. What Happened: After Trump and Musk’s public spat on Thursday, the...

Defense tech firm Anduril Industries has landed $2.5 billion in fresh capital, catapulting its valuation to $30.5 billion and marking a defining moment in its rapid rise within the national security sector. What Happened: Executive Chairman Trae Stephens announced the funding milestone during an...

Red Cat Holdings Inc (NASDAQ:RCAT) reported first-quarter financial results after the market close on Wednesday. Here’s a rundown of the drone technology company’s report. Q1 Earnings: Red Cat reported first-quarter revenue of $1.63 million, missing analyst estimates of $3.85 million....

The global defense landscape is rapidly evolving, driven by intensifying geopolitical tensions and technological breakthroughs. At the forefront of this evolution is the rapid penetration of unmanned aerial systems (UAS) or military drones, a space where the Gabelli Commercial Aerospace &...

Amazon.com Inc (NASDAQ:AMZN) paused commercial drone delivery last Friday in Texas and Arizona to fix the aircraft’s software. The suspension followed the crash of two of its latest models at a testing facility in rainy weather, Bloomberg reports. Amazon and Walmart Inc (NYSE:WMT) have...

Short-selling investment firm Kerrisdale Capital believes the recent run in shares of Red Cat Holdings Inc (NASDAQ:RCAT) is built on hype rather than reality. What To Know: Kerrisdale Capital announced a short position against Red Cat on Thursday morning in a report titled, “Flying Blind....

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

In the wake of Elon Musk‘s recent comments advocating for drone warfare over traditional manned aircraft, experts are now deliberating the practicality of such a transition. The conversation has sparked widespread discussion about the potential operational and industrial consequences of...

Red Cat Holdings Inc (NASDAQ:RCAT) reported second-quarter financial results for fiscal year 2025 after the bell on Monday. Here’s a rundown of the report. What Happened: Red Cat reported second-quarter revenue of $1.53 million, missing analyst estimates of $4.13 million. The drone technology...

On Thursday, Rep. Jeff Van Drew (R-N.J.) called out the Pentagon for allegedly hiding information about unidentified drones spotted near military locations in New Jersey. What Happened: The representative said, “We aren't being told the truth.” He went on to say in a Fox News interview...

In a provocative discourse on modern military technology, leading tech innovators are challenging traditional warfare strategies, arguing that autonomous drones and artificial intelligence will fundamentally transform military combat. What Happened: Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk sparked...

North Korean leader Kim Jong Un has supervised the testing of “exploding drones” and is now advocating for their mass production. What Happened: The tests were conducted last week at an undisclosed location within North Korea. The drones, designed to explode upon impact with their...

The U.S. and Taiwan are initiating collaboration between their drone companies to create supply chains independent of China. Executives from 26 U.S. drone and anti-drone companies will arrive in Taipei on Sunday for three days of meetings with Taiwanese counterparts, military officials, and...

Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT) are the two largest American companies in online retail. The rivalry has now set its new sights on online drone delivery: Who will be the first to conquer the skies? Amazon Drone Delivery: When then-CEO of Amazon Jeff Bezos appeared on 60...

Washington, D.C. may impose sanctions on certain Chinese banks over their commercial support of Russia’s war in Ukraine. What Happened: According to the Wall Street Journal, Secretary of State Antony Blinken recently addressed the issue in a speech at the G7 meeting in Capri, Italy....