drones

Amazon.com Inc (NASDAQ:AMZN) paused commercial drone delivery last Friday in Texas and Arizona to fix the aircraft’s software. The suspension followed the crash of two of its latest models at a testing facility in rainy weather, Bloomberg reports. Amazon and Walmart Inc (NYSE:WMT) have...

Short-selling investment firm Kerrisdale Capital believes the recent run in shares of Red Cat Holdings Inc (NASDAQ:RCAT) is built on hype rather than reality. What To Know: Kerrisdale Capital announced a short position against Red Cat on Thursday morning in a report titled, “Flying Blind....

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

In the wake of Elon Musk‘s recent comments advocating for drone warfare over traditional manned aircraft, experts are now deliberating the practicality of such a transition. The conversation has sparked widespread discussion about the potential operational and industrial consequences of...

Red Cat Holdings Inc (NASDAQ:RCAT) reported second-quarter financial results for fiscal year 2025 after the bell on Monday. Here’s a rundown of the report. What Happened: Red Cat reported second-quarter revenue of $1.53 million, missing analyst estimates of $4.13 million. The drone technology...

On Thursday, Rep. Jeff Van Drew (R-N.J.) called out the Pentagon for allegedly hiding information about unidentified drones spotted near military locations in New Jersey. What Happened: The representative said, “We aren't being told the truth.” He went on to say in a Fox News interview...

In a provocative discourse on modern military technology, leading tech innovators are challenging traditional warfare strategies, arguing that autonomous drones and artificial intelligence will fundamentally transform military combat. What Happened: Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk sparked...

North Korean leader Kim Jong Un has supervised the testing of “exploding drones” and is now advocating for their mass production. What Happened: The tests were conducted last week at an undisclosed location within North Korea. The drones, designed to explode upon impact with their...

The U.S. and Taiwan are initiating collaboration between their drone companies to create supply chains independent of China. Executives from 26 U.S. drone and anti-drone companies will arrive in Taipei on Sunday for three days of meetings with Taiwanese counterparts, military officials, and...

Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT) are the two largest American companies in online retail. The rivalry has now set its new sights on online drone delivery: Who will be the first to conquer the skies? Amazon Drone Delivery: When then-CEO of Amazon Jeff Bezos appeared on 60...

Washington, D.C. may impose sanctions on certain Chinese banks over their commercial support of Russia’s war in Ukraine. What Happened: According to the Wall Street Journal, Secretary of State Antony Blinken recently addressed the issue in a speech at the G7 meeting in Capri, Italy....

U.S. Central Command (CENTCOM) has reported that U.S. forces, with the aid of U.S. European Command destroyers, have successfully intercepted and destroyed over 80 drones and six missiles. These were launched from Iran and Yemen towards Israel. What Happened: The U.S. military action took place...

Yemen’s Houthi rebels have attacked a British cargo ship and shot down a U.S. drone, further escalating tensions in the region. What Happened: The Houthi rebels, who are backed by Iran, claimed responsibility for the attack on the British cargo ship and the downing of the American drone,...

An initial investigation into a drone strike in northeastern Jordan on Sunday, which resulted in the deaths of three U.S. troops and injuries to dozens of others, points to a misidentification error. The incident occurred near the Syrian border at a military installation known as Tower 22, the...

Alphabet Inc-owned (NASDAQ:GOOG) (NASDAQ:GOOGL) drone delivery company Wing on Wednesday said that the company will be introducing a new aircraft with more payload capacity in the coming twelve months to deliver larger orders. What Happened: The new aircraft can carry a payload of up to five...