Axon

President Trump made significant stock purchases in Axon Enterprise, a Taser manufacturer, shortly before ICE solicited a large contract for similar devices. While the White House states Trump has no direct involvement in investments, the timing and tailored specifications of the ICE notice have raised ethical questions. Experts note the contract’s specifications strongly favor Axon, potentially leading to substantial gains for Trump’s investments and further entrenching Axon’s role in federal law enforcement technology.

Axon Enterprises’ stock surged over 17% after a strong Q4 earnings report, beating Wall Street expectations. The company’s software, particularly AI-integrated products like body camera assistants and license plate recognition, drove significant growth. Axon anticipates software to soon outpace hardware, projecting substantial revenue increases and ambitious 2028 targets. CEO Rick Smith highlighted AI as a pivotal, unprecedented opportunity for the company.