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Laws 15 June 2025

Australian Drone Laws 2025: Complete Guide to Rules, Registration & No-Fly Zones

Australian Drone Laws 2025: Complete Guide to Rules, Registration & No-Fly Zones

CASA enforces national drone rules under Part 101, with extra restrictions possible from state or local bylaws. Recreational flyers face a 120-meter altitude limit, must keep 30 meters from people, and cannot fly over crowds. Commercial drones require registration and operator accreditation, with heavier drones incurring fees. Penalties for violations can reach AUD 16,500 or two years’ jail for endangering aircraft.
15 June 2025

Stock Market Today

  • CAVA Q1 CY2026 Earnings Beat Expectations, Shares Surge
    May 19, 2026, 6:02 PM EDT. CAVA (NYSE:CAVA) posted a strong Q1 CY2026 performance with revenue rising 32.1% year-on-year to $438.3 million, surpassing analyst estimates by 4.7%. The Mediterranean fast-casual chain reported GAAP earnings per share of $0.20, a 14% beat over consensus, and adjusted EBITDA of $61.73 million. Same-store sales increased 9.7%, while operating margin improved to 5.8% from 4.7% a year earlier. The company ended the quarter with 459 locations, up from 393. CEO Brett Schulman highlighted CAVA's resilience amid macroeconomic and geopolitical pressures. Market capitalization stands at $9.3 billion. Analysts forecast 20.5% revenue growth for the next 12 months, reflecting confidence in the brand's expansion and menu offerings despite a projected growth slowdown.

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POET Raises $400 Million, Shares Don’t Catch a Bid

POET Raises $400 Million, Shares Don’t Catch a Bid

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POET Technologies shares fell 8.02% to $13.07 on Tuesday, despite closing a $400 million financing deal with MMCAP International. The company issued over 19 million shares and warrants at $21 per package, aiming to expand production capacity tenfold. POET reported a first-quarter net loss of $12.3 million on $503,389 in revenue. A new $50 million order from Lumilens could scale to $500 million over five years.
Microsoft Shares Slip Again While AI Bulls Confront Rate Jitters

Microsoft Shares Slip Again While AI Bulls Confront Rate Jitters

19 May 2026
Microsoft shares fell 1.4% to $417.42 on Tuesday as rising U.S. Treasury yields pressured large tech stocks. The Nasdaq Composite dropped 0.84%. Microsoft’s market value stood at about $3.1 trillion. The company’s India president said its largest data center in the country will open by mid-2026 amid strong demand for Azure and AI tools.
Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

Skillz Stock Jumps 18% as Traders Eye $420 Million Papaya Verdict

19 May 2026
Skillz shares rose 18.2% to $7.80 Tuesday, valuing the company near $120 million. Investors focused on a June court decision after a federal jury ordered Papaya Gaming to pay $420 million in damages for false advertising. Skillz reported a first-quarter net loss of $10.9 million on $29.1 million revenue. The court has not finalized the damages award.
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