NASDAQ:ONDS

Ondas Stock Climbs After Navy Balloon Deal — Why ONDS Is Back in Focus
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Ondas Stock Climbs After Navy Balloon Deal — Why ONDS Is Back in Focus

Ondas Inc. shares rose about 2% to $13.76 after its World View unit won a $4.8 million U.S. Navy-linked contract for stratospheric balloon maritime surveillance. Trading volume topped 80 million shares. The company reported over $110 million in new orders for the quarter to date and raised its 2026 revenue target to at least $390 million. Ondas held $1.48 billion in cash and equivalents as of March 31.
June 2, 2026

Stock Market Today

  • 5 Reasons to Buy Qantas Shares Despite Recent Declines
    June 2, 2026, 4:36 PM EDT. Qantas Airways shares fell 2% to $9.21 amid 2026 challenges including Middle East conflicts and rising fuel costs, leading to a 12% year-to-date drop. However, Qantas dominates Australia's domestic aviation market with a 60% share, hedged 90% of its second-half fuel costs, and sees stronger-than-expected travel demand. The airline resumed dividends in 2025, offering a forecasted 4.3% yield including franking credits. Most analysts recommend buying Qantas, projecting up to 40% share price upside, highlighting Qantas as a strong investment opportunity despite current market pressures.