Axon, known for its Taser products, has seen a significant surge in its stock value following the release of its latest earnings report and future financial guidance. The company's shares rose by 6.5% in after-hours trading, buoyed by strong quarterly results and a positive forecast for the fiscal year that surpassed Wall Street's expectations. This financial performance has positioned Axon as the top stock in the S&P 500 as of Wednesday. The company highlighted its achievements and growth over the past year in a shareholder letter, attributing the success to key earnings results.