AVEX News & Events

The fever of the bond market yield shock has worn off after three pressure-packed days on Wednesday, sending equity markets broadly higher across the board.  Investors were enthused by President Trump's comments to the media indicating that U.S. negotiations with Iran are in their "final stages".  Later in the day, the release of FOMC meeting minutes from the Fed's final meeting heralded by Chairman Powell also had something for everyone - the minutes showed that while the majority of the Federal Reserve Committee saw a more extended path to inflation retreat toward the 2% target, some Fed members also noted that 2026 rate cuts are still possible if the U.S.-Iran war ends soon.  Yields on the 10-year Treasury note fell about 10 basis points below 4.60% while that of the 30-year retreated 7 basis points.   Consumer cyclicals, Tech, and Basic Materials sectors - the laggards overnight - outperformed, while Energy and Consumer Staples sectors were the worst-performing areas on the S&P 500.In the opening hour of the evening session, the S&P e-mini is down 0.4% while the Nasdaq 100 contract is down 0.7%.  Results out of Nvidia- the final Mag-7 name to report Q1 earnings - exceeded estimates for the quarter and also offered better-than-expected guidance, though the stock was moving lower by about 1% after-hours.  Earnings call commentary struck a mixed tone, with the company stating that while data center revenue was driven by sustained strength in Blackwell architecture and demand was strong, Nvidia was also uncertain whether any of its imports will ultimately be allowed into China.    The countdown to the high-profile SpaceX IPO next month also kicked off, with the company filing its S-1 disclosure with the Nasdaq.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -AEVEX Corp.up 5.4%Elf Beautyup 4.9%Star Bulk Carriers Corp.up 3.1%Urban Outfittersup 1.0%ALSO HIGHER -Applied Digitalup 7.2% after disclosing pact with hyperscaler for fourth AI Factory campusDOWN AFTER EARNINGS -Intuitdown 13.3%Nordsondown 1.4%Nvidiadown 0.9%ALSO LOWER -Rocket Labdown 4.6% after equity offering

Aevex announced that it has been awarded $15.6M in contracts by the United States Air Force to support advanced unmanned aircraft mission capabilities and modular airborne system-integration efforts. The award leverages the versatility of AEVEX's long range one-way attack platform. Designed for long-range operations and high-payload capacity, the platform provides a flexible, scalable solution capable of supporting evolving mission requirements across diverse operational environments.