Drone stocks jump on new tariff protections US drone stocks rallied Friday after the White House announced new tariffs on foreign-made drones, parts and components. Unusual Machines jumped about 15%, while Red Cat gained roughly 7%. AeroVironment and Kratos also

Palantir’s commercial business just accelerated hard Palantir shares surged after the company reported a second-quarter beat driven by rapid demand for enterprise AI tools. Revenue rose 93% from a year earlier to $1.94 billion, ahead of LSEG estimates of $1.8

Apple is back in the megacap spotlight Apple and Nvidia traded places Friday in the race to become the world’s most valuable company, with Apple briefly moving ahead of the AI chip leader by market value. Nvidia shares fell about

PayPal is suddenly being priced like a deal target PayPal stock surged Wednesday after a report said Stripe and private equity firm Advent International had made a proposal to acquire the payments company. Shares of PayPal jumped 14% after Reuters

A European drone company joins defense tech’s billion-dollar class Quantum Systems has secured $1.2 billion in new financing, placing the German autonomous-systems developer among Europe’s most valuable privately held defense companies. The Series D round valued Quantum Systems at approximately

Memory stocks led another semiconductor pullback Semiconductor stocks moved lower Friday as investors reconsidered one of the central assumptions behind the recent chip rally: that rising memory prices would remain an unqualified benefit for the industry. Micron Technology and SanDisk

Meta is buying a stake and recruiting the founder Meta Platforms is investing $900 million in Indian fintech company CRED while bringing its founder, Kunal Shah, into one of the most important operating roles inside the company. The transaction values

Washington is pressing ASML on the most sensitive issue in the chip supply chain ASML is facing fresh scrutiny from the US administration over one of the most strategically important questions in semiconductors: whether China has gained access, directly or

Fox is buying distribution, data, and ad infrastructure Fox’s agreement to buy Roku is not just another media deal. It is a bet that controlling more of the streaming layer matters as much as owning the content itself. The transaction

The market gave SpaceX exactly the debut investors expected SpaceX opened trading Friday at $150 under the ticker SPCX, a sharp move above its $135 IPO price. Within the first stretch of trading, the stock pushed through $160 and later