The story today
1Axon shares tumble. Axon Enterprise fell -16.1% today, the largest decline among major movers, as Tech sector rallied +7.5%.
2Tech outperforms risk. Tech jumped +7.5% while Defensives dropped -6.1%, signaling appetite for growth despite 996 risk signals flagged across markets.
3Risk remains elevated. High-risk environment persists: 324 stocks down >2.5% this week and 14 earnings reports due within 14 days.
