Today: 9 July 2026
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Earnings Reports 9 March 2026 - 16 March 2026

Red Cat Holdings Stock Swings After Pentagon Drone Results Cool Rally Ahead of March 18 Earnings

Red Cat Holdings Stock Swings After Pentagon Drone Results Cool Rally Ahead of March 18 Earnings

Red Cat Holdings shares whipsawed Monday, losing ground after a public Drone Dominance leaderboard named 11 contenders for prototype contracts. SUAS News still counted the company's Teal Drones unit in the mix, but the fresh list cooled a rally that had just sent the stock to its highest point in a year last week. By mid-morning, shares had fallen roughly 4%—opening at $16.08, peaking at $16.78, and then sliding to $14.74. On Friday, they’d tagged $18.78, the stock’s highest mark in the last year.
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Stock Market Today

  • Nokia jumps 9.64% in Helsinki on AI networking push, adds €5.6B in value
    July 9, 2026, 3:08 PM EDT. Nokia shares jumped 9.64% to €11.20 in Helsinki on July 9, adding about €5.6 billion to its market cap at €64.16 billion. The stock led the OMX Helsinki 25, which rose 1.84%. Ericsson was up 6.70% in Stockholm, while Ciena climbed 6.09% in New York. Investors pointed to Nokia's AI networking plans and its work with NestAI on AI-powered defense command systems. The company moved 43.55 million treasury shares, or 0.76% of float, into equity incentive plans. Nokia's AI and cloud sales grew 49% in Q1, and attention is turning to its Q2 earnings due July 23.
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