$AXON

Scripps News reviewed President Trump’s 2025 financial disclosure and contracting records, finding trades in publicly traded firms tied to immigration enforcement. It cites Axon Enterprises: $1.26 million in 24 trades. It also cites The GEO Group (14 trades up to $625,000), CoreCivic, Amentum, and Palantir (47 trades up to $4.1 million). Ethics experts cite potential conflicts; companies and the White House deny influence.

Axon (NASDAQ:AXON) shares rose about 6% after its Q2 results. The company reported revenue of $904.39M vs $876.46M consensus and adjusted EPS of $1.88 vs $1.84. Axon raised its 2026 revenue growth outlook to 32% to 34% and forecast future contracted bookings of $15.10B (+41%).

Democratic lawmakers Elizabeth Warren and Robert Garcia sent a 17-page letter asking President Donald Trump to disclose who manages his stock trades after filings showed 3,500+ transactions in Q1 2026. They cite 3,642 trades in CBS analysis, including Nvidia buys around Jan. 6 and related chip export-control changes. They want details on managers, selection, authority, and conflicts by Aug. 28.

Sen. Elizabeth Warren and Rep. Robert Garcia sent President Donald Trump a 17-page letter asking for explanations of stock trades attributed to him. They cite 21,000 trades in 2025 and 3,500 in early 2026, including Nvidia and AMD purchases before chip-to-China policy changes and Axon Enterprises buys before a $220M ICE Taser contract. Trump and his family deny conflicts.

Two Democratic lawmakers, Sen. Elizabeth Warren and Rep. Robert Garcia, sent a 17-page letter to President Donald Trump asking him to disclose the third-party stock managers directing his trades and to explain alleged conflicts. They cite thousands of trades in early 2026, including Nvidia and AMD purchases before export-control changes and Axon buys before a $220 million ICE Taser contract, and seek responses by Aug. 28.

Axon Enterprise (AXON) shares rose about 6% after its Q2 results: revenue of $904.39M beat estimates of $876.46M, and adjusted EPS was $1.88 vs $1.84. The company raised its 2026 revenue growth outlook to 32% to 34% and reported future contracted bookings of $15.10B (+41%). Analysts lifted targets, with Northcoast raising to $680.

Santa Fe City Council will vote Wednesday on a contract to expand the Santa Fe Police Department’s drone program. The proposed deal with Axon Enterprise would cost about $2.2 million over five years for six Skydio X10 drones and related systems, with a 90-day retention period for non-evidential data. Council’s finance committee recommended approval 4-1.

Axon 911, led by Michael Chime, is described as a cloud-native platform for emergency communications from call intake to case closure, using Prepared AI and Carbyne call handling. Axon says Prepared and Carbyne serve 1,000+ agencies and process 80M+ 911 calls yearly. The article also covers Axon’s acquisition of Hyper and rollout of Assist Agents, plus Hyper’s integration with Motorola Solutions’ software.

Axon Enterprise said its Connected Devices segment is benefiting from demand for TASER devices, ongoing adoption of its body cameras, and growth in counter-drone equipment. In Q2 2026, TASER line revenue rose 20.9% YoY, Personal Sensors 2.8%, and Platform Solutions 122.6%, lifting segment revenue 34.6%.

US stocks weakened late in the session, with the S&P 500 down 0.3% and Nasdaq down 0.6%. Google fell another 3.5% after leadership changes and concerns about Gemini, despite a claim of 1 billion users. The article links a $500 billion AI capex fundraising theme to gains in KKR (+6.43%) and Apollo (+6.06%), while AppLovin fell 5.63%.