Jim Cramer recently discussed Axon Enterprise, Inc. (AXON) as one of the best-performing stocks of all time. The company sells tasers and has expanded into software services for law enforcement. Shares have gained 25% year-to-date and 791% over the past five years. Cramer praised AXON’s CEO, Rick Smith, and advised gradually building a position in the stock. While AXON shows promise, some AI stocks may offer higher returns with limited downside risk. For more information on potential AI investments, check out the report on the best short-term AI stock.

Read more at 1. Tesla reports record profits of $438 million in Q3, surpassing expectations. The company’s revenue also exceeded estimates at $13.8 billion. – CNBC

2. Apple unveils new MacBook Pro with enhanced performance and longer battery life. The laptop features the M1 Pro and M1 Max chips, offering faster speeds and improved graphics. – Wall Street Journal

3. Federal Reserve announces plans to begin tapering its monthly bond purchases in November. The move is aimed at curbing inflation while supporting the economy’s recovery. – Reuters

4. Facebook changes its name to Meta as part of a rebranding strategy to focus on the metaverse. CEO Mark Zuckerberg emphasizes the company’s commitment to building the next generation of internet technology. – CBS MarketWatch: Axon Enterprise, Inc. (AXON) Is “Probably One Of The Best Performing Stocks Of All Time,” Says Jim Cramer