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Reddit Climbs, Applied Materials, Gemini Fall | Stock Movers

Bloomberg Technology Friday 14 August 2026, 13:46 UTC 1 min read
Key Points

On this episode of Stock Movers: Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components. Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year.

On this episode of Stock Movers: Drone companies including AeroVironment Inc. (AVAV), Aevex Corp. (AVEX), and Unusual Machines Inc. (UMAC) rose on news that the Trump administration plans to apply a 100% tariff on imports of unmanned aircraft systems and their components. Applied Matierals (AMAT) fell despite an earnings forecast that topped estimates. Investors had a muted reaction to earnings even though the stock has more than doubled this year. Gemini Space Station (GEMI) fell as the crypto platform's earnings report faced crypto market headwinds and a wider-than-expected adjusted Ebitda loss. Reddit (RDDT) climbed on the news that the stock is set to be included in the S&P 500 index. (Source: Bloomberg)
Reddit Climbs, Applied Materials (ORG) Gemini Fall (ORG) Stock Movers (ORG) AeroVironment Inc. (ORG) Aevex Corp. (ORG) Unusual Machines Inc. (ORG) UMAC (ORG) Trump (ORG) AMAT (ORG) Gemini Space Station (LOCATION) GEMI (ORG) Ebitda (ORG) Bloomberg (PERSON)
Originally published by Bloomberg Technology Read original →

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