RCAT News & Events

The major averages advanced as investors weighed AI enthusiasm against mounting concerns about the U.S. fiscal outlook, the long-term direction of interest rates and the situation in the Middle East. Axios reported that the U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program. The report noted, however, that President Trump has yet to give the proposed deal his final approval.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Snowflakereported, agreed to acquire Natoma, and expanded its Amazoncollaboration with a $6B commitment to AWSSalesforceprovided areport for Q1Caesarsby Fertitta Entertainment for $31 per share in cashBig retailers Best Buy, Kohl's, and Dollar TreeallAnthropic has raised $65B in Series H funding at a2. WALL STREET CALLS:JPMorganDick's Sportingwith Q1 supporting bull caseBaxterto Sell at CitiTrade Deskwith a Sell at Rothschild & Co RedburnDominionto Buy at Jefferies following NextEradealFirst Solarto Buy at GLJ Research3. AROUND THE WEB:Toyotahas stopped development of its Lexus next-gen EV, Nikkei Asia reportsCybersecurity company SentinelOneis preparing for layoffs and is expected to announce the cuts alongside earnings, Calcalist reportsJPMorganCEO Jamie Dimon said the bank could spend up to $20B on an acquisition in the next couple of years, CNBC reportsSamsungplans to invest about $1.5B to build a semiconductor testing plant focused on legacy chips in Vietnam, Reuters saysAustralia has launched a record $1.43B+ lawsuit against 3Mover PFAS-contaminated firefighting foam, citing extensive environmental, economic, and cultural damage tied to the "forever chemicals," Reuters reports4. MOVERS:Hormel Foodsrose afterUnusual Machines, AeroVironment, Ondas, and RedCatincreased after WSJthe Trump administration is pursuing funding deals with drone companiesAgilentwas higher afterand raising its guidance for FY26Photronicsfell after, with EPS and revenue missing consensusSidus Spacewas lower after5. EARNINGS/GUIDANCE:HP Inc.reportedand narrowed its FY26 earnings guidanceBuild-A-Bearand provided guidance for FY26Sono-Tek, with CEO Steve Harshbarger commenting, "We are greatly encouraged by our fiscal 2026 results"Seanergy Marine, with EPS and revenue beating consensusLi Auto, with EPS and revenue lower year-over-yearINDEXES:The Dow rose 24.69, or 0.049%, to 50,668.97, the Nasdaq gained 242.74, or 0.91%, to 26,917.47, and the S&P 500 advanced 43.27, or 0.58%, to 7,563.63.

The major averages were higher near noon as investors weigh AI enthusiasm alongside mounting concerns about the U.S. fiscal outlook and the long-term direction of interest rates. Additionally, Axios is reporting that the U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran's nuclear program. The report noted, however, that President Trump has yet to give the proposed deal his final approval.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Snowflakereported, agreed to acquire Natoma, and expanded its Amazoncollaboration with a $6B commitment to AWSSalesforceprovided areport for Q1Caesarsby Fertitta Entertainment for $31 per share in cashHP Inc.reportedand narrowed its FY26 earnings guidanceBig retailers Best Buy, Kohl's, and Dollar Treeall reported2. WALL STREET CALLS:JPMorganDick's Sportingwith Q1 supporting bull caseBaxterto Sell at CitiTrade Deskwith a Sell at Rothschild & Co RedburnDominionto Buy at Jefferies following NextEradealFirst Solarto Buy at GLJ Research3. AROUND THE WEB:Cybersecurity company SentinelOneis preparing for layoffs and is expected to announce the cuts alongside earnings, Calcalist reportsUnileveris investing $270M to build a new research facility in New Haven, Connecticut, slated to open in 2029, WSJ saysJPMorganCEO Jamie Dimon said the bank could spend up to $20B on an acquisition in the next couple of years, CNBC reportsSamsungplans to invest about $1.5B to build a semiconductor testing plant focused on legacy chips in Vietnam, Reuters saysAustralia has launched a record $1.43B+ lawsuit against 3Mover PFAS-contaminated firefighting foam, citing extensive environmental, economic, and cultural damage tied to the "forever chemicals," Reuters reports4. MOVERS:Hormel Foodsrises after reporting quarterly resultsUnusual Machines, AeroVironment, Ondas, and RedCatincrease afterthe Trump administration is pursuing funding deals with drone companiesAgilenthigher afterand raising its guidance for FY26Photronicsfalls after, with EPS and revenue missing consensusSidus Spacelower after filing to5. EARNINGS/GUIDANCE:Build-A-Bearand provided guidance for FY26Sono-Tek, with CEO Steve Harshbarger commenting, "We are greatly encouraged by our fiscal 2026 results"Seanergy Marinewith EPS and revenue beating consensusLi Auto, with EPS and revenue lower year-over-yearIcon, with CEO Barry Balfe commenting, "ICON demonstrated continued commercial momentum through the fourth quarter"INDEXES:Near midday, the Dow was up 0.12%, or 59.28, to 50,703.56, the Nasdaq was up 0.62%, or 166.50, to 26,841.23, and the S&P 500 was up 0.51%, or 38.07, to 7,558.43.

Red Cat Holdings announced that its maritime division, Blue Ops, is ramping into full-rate production of the Variant 7 uncrewed surface vessel, a maritime autonomy platform designed, built and assembled in the United States for U.S. and allied defense missions. The Variant 7 is a mission-adaptable USV powered by a Steyr engine and integrated with a domestic autonomy, command-and-control, communications, and mission systems stack. As the U.S. -developed platform advanced from early prototype to production, Blue Ops prioritized U.S.-made and NDAA-compliant components across its navigation, control, marine hardware and perception systems, reflecting its commitment to domestic research and development, manufacturing, trusted supply chains and scalable production.

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.DRONE COMPANIES:The Trump administration is pursuing funding deals, potentially including equity stakes, with drone companies to boost domestic production and lower costs, The Wall Street Journal's Heather Somerville and Amrith Ramkumar report. The Pentagon's Office of Strategic Capital is reviewing firms such as Performance Drone Works and Neros Technologies as part of a broader $1.1B Drone Dominance program targeting production of 300,000 low-cost attack drones by the end of 2027, according to people familiar with the matter, who note that the deal talks are in the negotiation phase. Publicly traded companies in the space include Unusual Machines, Red Cat, AeroVironment, Kratos Defense, Ondas, EHang, and Draganfly.NAVY AWARD:Dellwas awarded a single-award, firm-fixed-price blanket purchase agreement, or BPA, under the Department of War Enterprise Software Initiative. The overall estimated value of this BPA is $9.69B. This follow-on DOW Enterprise Software Agreement BPA will streamline and consolidate software acquisition across the DOW, the Intelligence Community, and the Coast Guard. The agreement will enable customers to procure Microsoftsoftware licenses, cloud subscriptions, and Software Assurance. The ESA II is scoped to accommodate the DOW's existing reliance on Microsoft products and the growing need for cloud and hybrid capabilities through tiered Microsoft 365 licenses and specialized bundles, such as the "Disconnected No Cloud Access" license. The limited scope for Microsoft Azure is included to support the transition of specific workloads to the Joint Warfighting Cloud Capability contract. The Naval Information Warfare Center Pacific is the contracting activity.MOU FROM IRANIAN CONTROLLED MEDIA:The official White House rapid response account stated in ato X, "This report from Iranian controlled media is not true and the MOU they 'released' is a complete fabrication. Nobody should believe what Iranian state media is putting out. FACTS MATTER."