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Ondas announced a merger with a Maryland-based U.S. defense prime contractor, granting direct access to U.S. Army and Special Operations Command contract vehicles, unlocking over $1 billion in potential opportunities.
Despite a relatively calmer morning session, uncertainty and volatility will remain prominent. The disruption has already caused an unprecedented supply shock, with Gulf producers shutting in around 10 million barrels per day.
On Thursday, Adobe announced the results of its first quarter for fiscal 2026. And for all intents and purposes, the results were of the caliber that would normally make investors happy: Total revenue of $6.4 billion (up 12% year-over-year), Diluted earnings per share (EPS) of $6.06 adjusted, Total annualized recurring revenue (ARR) of $26.06 billion.
The Biden administration and its allies in Congress gave us the worst inflation in the history of our country. But in 12 months, my administration has driven core inflation down to the lowest level in more than five years. And in the last three months of 2025, it was down to 1.7%.
The markets are seeing green across the board amid a near Goldilocks scenario in the economy. The latest jobs report reveals that conditions are neither too not nor too cold, with 130,000 jobs added last month, surpassing economist's most bullish of estimates, while the unemployment rate edged lower to a surprising 4.3% from 4.4% month-over-month. What it means for the Fed and interest rates will depend largely on the latest inflation data, with the CPI due out at the end of the week.
Japan's stock market has hit a record high after Sanae Takaichi's Liberal Democratic party (LDP) secured a comprehensive victory in Sunday's election. The LDP won 316 of the 465 seats in the country's lower house the first time a single party has secured two-thirds of the lower house since the establishment of Japan's parliament in 1947. The Japan Innovation party, the LDP's coalition partner, won 36 further seats, giving a supermajority of 352 seats.
It's another edition of Morning Checkpoint, Kotaku's daily roundup of gaming news, rumors, and culture. I'm still bummed about yesterday's report that The Outer Worlds franchise is essentially on ice after last year's entry struggled to sell. It's an exceptionally solid immersive sim RPG that feels like it's on the verge of being something truly special. But those 30-percent profit margins on games given away for free on Game Pass are a killer.
The markets are a mixed bag in the first trading session of February as technology stocks reach a fork in the road. Bullish performance out of Oracle ( Nasdaq: ORCL) stock is being overshadowed by a declining Nvidia ( Nasdaq; NVDA) share price amid uncertainty around its OpenAI investment, damaging overall market sentiment to kick things off. Oracle has recaptured the spotlight as traders and investors cheer the legacy software giant's plans to pour $50 billion into AI-related capex.
The U.S. stock market bounced back from its worst day since October on Wednesday after President Donald Trump said he reached the framework for a deal about Greenland, an island he's long coveted, and won't impose tariffs he had threatened on several European countries. The S&P 500 rallied 1.2% after Trump said the deal, "if consummated, will be a great one for the United States of America" and its allies in the North Atlantic region.
Markets are set to explode this first trading day of the year. S&P 500 futures are up about 38 points. The SPDR S&P 500 ETF ( SPY) is up about $3.90 a share. The Dow Jones is up 186 points, as the Nasdaq races about 244 points higher. Fueling a good deal of momentum are AI-related stocks. Nvidia ( NASDAQ: NVDA) is up about $2.65 a share, with analysts at TD Cowen reiterating a buy rating on the tech giant.
Shares in Rocket Lab Corp were heading for their second day of gains on Monday after the aerospace manufacturer was named as one of four companies that will build tracking satellites for the U.S. Space Development Agency (SDA). The stock (Nasdaq: RKLB) was up more than 4% in premarket trading on Monday as of this writing. That's in addition to a jump of 17% on Friday when the news was announced. Share are now trading at record highs.
The company will merge with TAE Technologies-a privately held fusion energy firm that's backed by Alphabet, Chevron Technology Ventures, and others-in a deal that's worth more than $6 billion. It's an all-stock deal, which is expected to close sometime next year, and is a huge and eyebrow-raising move for Trump Media, which is best known as the owner of President Trump's social media platform, Truth Social.
Reports first emerged last week that the Trump administration might change marijuana from a Schedule I drug to a Schedule III drug, which would lessen restrictions on it. On Monday, President Trump told reporters that he was "considering" the reclassification. "We are considering that because a lot of people want to see it-the reclassification, because it leads to tremendous amounts of research that can't be done unless you reclassify," Trump stated, according to CNN. "So, we are looking at that very strongly."
Tesla stock ( NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88. The price beats the previous record close, which was $479.86. Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.