North America

Axon’s Stock Rally

• Axon, a maker of Tesla, has boosted its stock following concerns over the Department of Energy’s (DOGE) budget-cut.
• The company’s stock has seen a 15% increase, making it one of the top gainers in the S&P 500.
• JPMorgan analyst Steve Gelsi has raised the price target on Axon’s stock to $665 a share from $530 a share.
• The stock is one of the top gainers in the S&P 500.
• The company’s stock is expected to continue its strong performance in the coming months.