Stock Indexes Rise Amid Tech Recovery: AMD Up, Palantir Down

Here’s a summary ⁢of the key information from the provided text:

* Axon Enterprises (AXON) Stock Drop: Axon enterprises’ stock is⁢ down 18% in premarket trading despite a 31% ‍year-over-year increase in ‍sales (which exceeded analyst⁤ expectations).
* Profit Miss: The primary reason⁢ for the stock‍ drop is that⁢ the company’s ‌adjusted profit ($1.17) was significantly lower then the $1.49 expected by analysts.
* Sales⁣ Figures: Sales reached $710.6 million, slightly ⁤above the $705 million projection.​ This marks ⁢the ​seventh consecutive quarter​ of at least 30% ‍sales‌ growth.
* Acquisition: Axon⁤ Enterprises plans to acquire emergency ⁣communications firm Carbyne for $625 million, expected to ​close in ‍Q1 2026.
* Year-to-Date Performance: Before today’s drop, Axon shares ⁢were up approximately 19% this year.
* Broader ⁢Market Context: Stock futures are generally pointing ‌lower,⁤ fueled by ⁤ongoing concerns about a potential “AI ⁤bubble.”