Axon Enterprise (AXON) — AI News & Analysis
Every AI Agent Update story mentioning Axon Enterprise (AXON), with our bullish / bearish read on each.
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Axon bets another $1.2B on Skydio — then misses earnings and cuts guidance
Axon announced on November 5 that it will invest another $1.2 billion in drone maker Skydio — the largest investment in Axon's history — taking its stake to 37% and becoming Skydio's exclusive public-safety distributor in the US and Canada. The same release missed earnings and cut guidance, and shares slumped about 14% in extended trading. This announcement came after the close on November 5 and was missed by yesterday's run; it is filed here as a catch-up.