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Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

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Why Rocket Lab Stock Dropped Today

Rocket Lab isn't an AI company, but the post-election sell-off in AI stocks is dragging it down anyway because it's viewed as speculative and high-risk.

  • Rocket Lab stock fell 12.2% on Nov 5 amid post-election tech sector sell-off
  • Broader market declined 4.4% (S&P 500) and 5.6% (Nasdaq Composite)
  • AI data center expansion linked stocks feared stricter regulations

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