Presented by ZenaTech: Record revenue surge: Zena breaks out with 558% growth and scaling drone-as-a-service engine! Learn more.

The six-week winning streak in semiconductors is finally cracking, with the entire complex dragging lower in unison. Metals are getting hit just as hard, with the miners selling off as gold, silver, and copper all reprice in the same session.

On the other side of the tape, the names catching bids are the ones with stories: founder-led conviction signals, take-private chatter, and clean earnings beats that don't need much explanation. M&A speculation is doing real work in consumer pockets where it's been absent for months, and that shift is worth paying attention to.

ZenaTech, Inc. (NASDAQ: ZENA) delivered a major financial inflection point in 2025, reporting $12.9 million in full-year revenue, representing 558% year-over-year growth! 

The company’s Drone-as-a-Service business has become the primary engine of expansion, contributing $10.1 million in revenue and demonstrating early success in building a recurring, scalable operating model. 

Q3 revenue alone surged to $4.35 million, marking a 1,225% increase year-over-year and highlighting accelerating adoption across its autonomous drone service offerings.

This rapid financial acceleration is being supported by ZENA’s broader strategy of integrating AI-driven autonomy, drone manufacturing, and enterprise software into a unified platform targeting both commercial and defense markets. 

As geopolitical tensions and drone warfare risks escalate globally, the company is positioning its systems for real-world deployment in surveillance, infrastructure protection, and counter-UAS applications, supported by nearly $100 million in total assets and aggressive expansion through acquisitions. 

Unlike speculative microcaps, ZENA already has a multi-million-dollar revenue base, giving it a foundation that can support narrative-driven multiple expansion if execution continues.

Gemini Space Station (GEMI): +24%

The Winklevoss-owned crypto exchange is ripping after the Winklevoss Capital Fund poured $100 million of its own money into the company. Layered on top of a Q1 revenue beat and a narrower-than-expected loss, the founders writing their own check is the kind of conviction signal retail eats up.

Magnum Ice Cream (MICC): +11%

Reuters reported Blackstone and CD&R are kicking the tires on a bid, though potential buyers reportedly want to see how summer sales shake out before making a move. M&A speculation in consumer staples doesn't come around often, and the market is treating this one as live.

Figma (FIG): +7%

The collaborative design platform beat on both lines in its first quarter, and the market is rewarding it. For a recent IPO still proving its public-market footing, a clean print is exactly what investors needed to see.

Boot Barn (BOOT): +5%

The western-wear retailer beat on both revenue and earnings in its fiscal fourth quarter. In a tape where most retailers are struggling to explain their numbers, a clean beat from a specialty name is doing the talking.

Marvell Technology (MRVL): -6%

A broad pullback is hitting the semiconductor complex, with the iShares Semiconductor ETF on track to break a six-week winning streak. After a six-week rip across the whole sector, profit-taking through the AI infrastructure names was always going to come at some point.

Freeport-McMoRan (FCX): -5%

The copper miner is sliding alongside a sharp selloff across the metals complex, with gold off more than 2%, silver down 7%, and copper itself tumbling almost 4%. When the entire commodity is repricing, the miners go with it.

Cerebras Systems (CBRS): -3%

The AI chipmaker is giving back a sliver after surging in its Nasdaq debut yesterday. A small Day Two breather after a move like that is nothing out of the ordinary.

Applied Materials (AMAT): -2%

The semiconductor equipment maker beat on both top and bottom lines in its fiscal second quarter, and the stock is falling anyway. With chips as a whole rolling over today, a clean beat wasn't enough to insulate the name from the broader selloff.

ZenaTech, Inc. (NASDAQ: ZENA) is rapidly transitioning from an early-stage drone developer into a revenue-generating AI autonomy and defense platform, reporting a dramatic 558% year-over-year revenue increase to $12.9 million for full-year 2025. 

Growth has been overwhelmingly driven by its Drone-as-a-Service segment, which generated approximately $10.1 million, or nearly 78% of total revenue, signaling a shift toward recurring, service-based income. ZENA also posted a record Q3 performance of $4.35 million in revenue, up 1,225% year-over-year, reinforcing accelerating commercial traction across its autonomous systems business.

Beyond the top-line expansion, ZENA is scaling across defense, enterprise, and infrastructure markets with AI-driven drone systems designed for surveillance, logistics, and counter-drone applications. With total assets rising to nearly $100 million and continued expansion of its operational footprint, the company is positioning itself at the intersection of AI, autonomy, and modern defense needs at a time when global conflicts are accelerating demand for low-cost drone defense solutions. 

What makes ZENA especially compelling in the small-cap space is that it is scaling in a sector—autonomous defense and counter-drone systems—that is moving from niche technology to urgent national security infrastructure!

AST SpaceMobile (ASTS) (-5% Pre-Market)

The space-based cellular network operator is heading lower after a brutal Q1 miss earlier this week, but retail chatter has gone the other direction. Stocktwits flagged a surge in 24-hour message volume with sentiment flipping to "bullish," as traders compare the setup to Palantir's 2023 turnaround and debate whether the company can actually execute its 2026 satellite deployment plan.

The pending catalyst is concrete: AST has three BlueBird satellites slated for a mid-June Falcon 9 launch, with management targeting 45 satellites in orbit by year-end. Analysts are openly skeptical that the math works. Either the launches start landing on schedule, and the bull case gets back its credibility, or the gap between the deployment narrative and the actual flight cadence becomes harder to ignore.