Axios: Incoming House Dems prove unusually willing to defy leaders House Democrats’ incoming freshman class is barely a week old and already threatening to defy party leaders in ways most of their incumbent colleagues wouldn’t dare Rep.-elect Don Leonard (D-OH): “My class is huge not because of the Democratic Party and its brand but despite it. Many of us are outsiders who didn’t come up through the machine, don’t buy into the conventions.”

Axios: Trump Backs Jensen Huang Amid Spy Investigation President Trump defended Nvidia CEO Jensen Huang on Sunday night, even as the company’s board launched an investigation into his affair with a suspected Chinese spy The blowback to Huang’s relationship is only getting more intense by the hour, with multiple members of Congress calling for probes and investors saying the news could put a cloud over the entire AI trade

Axon is putting another $1.2 billion into Skydio, lifting its stake to about 37% and making it the drone maker’s exclusive public safety distributor in the US and Canada. Skydio stays independent.

Axis Robotics announces AXIS token buybacks! @axisrobotics, a portfolio company of @PiCoreTeam's $PI Ventures, has just announced a scheme to deliver consistent buybacks on its new token. Per a new announcement, a portion of profits from the company's commercial contracts will be used to buyback AXIS from the market. Updates on the amount of buybacks will be published on a quarterly basis.

Axios cofounder @roylschwartz says Fortune 500 executives are worried AI is creating more work for employees instead of making them more productive: "Work slop, right? The problem is everyone now has access to AI. They're writing longer emails." "They're writing more reports. They're doing more presentations, and then they're sending it out to all of their colleagues." "Everyone feels like, 'Oh, I'm gonna sound great. I'm gonna sound super smart, and I'm gonna use AI to make my point.' And so everything just gets longer, and unfortunately, in the short term at least, more complicated." "We've talked to CEOs, executives at Fortune 500 companies, and their biggest worry right now is AI slop and it creating more work for their employees." "A report that gets generated using AI that might be twice as long as it needs to be." "Information now has to be presented in a way that's far more efficient than ever before." @axios

Axon - FY2026 Q3 Earnings $AXON $336.01 [-12.3% AH] ❌ Revenue: $908.6M (Est: $931.1M) [+28% YoY] ❌ EPS: $1.72 (Est: $1.90) [+39% YoY], non-GAAP, GAAP EPS $0.68 Additional Metrics: Adjusted Gross Margin: 59.2%, GAAP 56.7% Operating Income: $42.1M, year-ago loss $2.1M Operating Margin: 4.6% Net Income: $57M, year-ago loss $2M Non-GAAP Net Income: $144M [+40% YoY] Adjusted EBITDA: $236M [+33% YoY] Adjusted EBITDA Margin: 25.9% Operating Cash Flow: $20M [-67% YoY] Free Cash Flow: -$19M, year-ago $33M Annual Recurring Revenue: $1.75B [+40% YoY] Net Revenue Retention: 126% Future Contracted Bookings: $15.8B [+39% YoY] Cash and Short-Term Investments: $1.7B Net Debt: $1.2B Segment Revenue: Software & Services: $437.0M [+43% YoY] Connected Devices: $471.5M [+16% YoY] Q4 2026 Guidance: ❌ Revenue: $0.99-1.01B (Est: $1.04B) ❌ Adjusted EBITDA: $245-250M (Est: $264.8M) FY2026 Guidance: Revenue: $3.61-3.63B [+30% YoY], prior growth outlook +32-34% Adjusted EBITDA Margin: about 25.6% (Prior: 25.5%) CapEx: $130-150M (Prior: $160-190M)