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On the heels of adding Former FAA Administrator, Billy Nolen, Archer makes another key executive hire with Goel, the co-founder of Uber Elevate Goel to lead Archer’s global commercialization strategy including business development and international expansion efforts as Archer l...
2023-07-19 13:24:11 ET Gainers: Wheels Up Experience ( UP ) +26% . FlexShopper ( FPAY ) +9% . ArcBest Corporation ( ARCB ) +7% . Orbital Infrastructure Group ( OIG ) +7% . Losers: KWESST Micro Systems ( KWE ) -19% . Joby ...
2023-07-19 13:17:04 ET A new government plan has raised questions about the timetable for air mobility start-ups to start flying paying customers, and investors are worried. Shares of Joby Aviation (NYSE: JOBY) fell by as much as 18.5% on Wednesday and shares of Archer Aviation ...
2023-07-18 13:04:04 ET Summary Stellantis, a European carmaker listed on Euronext Milan and Euronext Paris, is undervalued by the market despite its 8% dividend yield and plans for long-term growth through AI and electrification. The company, resulting from the 2021 merger of Fiat...
2023-07-13 12:29:09 ET Summary I recommend a buy rating due to ACHR's promising business prospects in the growing eVTOL aircraft market. ACHR is on track to meet its certification timeline, with 15 of 18 SSCPs submitted and the first Midnight aircraft assembled; flight testing is ...
2023-07-10 14:45:50 ET We’ve all heard the whispers and rumors about penny stocks . They’re often painted as the wild child of the investment world, captivating traders with tales of extreme breakouts and monumental breakdowns. But beyond the sensational stories, what oppo...
2023-07-07 08:51:43 ET Summary Global electric car sales for May 2023 were up 50% YoY to 16% share - China sales were up 54% to 35% share, Europe was up 38% to 23% share, USA was up 68% to 8% share. EV market news - Ford, GM and Rivian, Volvo & Polestar to join Tesla's EV char...
2023-07-05 19:22:18 ET Specialty aircraft developer Archer Aviation 's (NYSE: ACHR) stock had quite the upward trajectory on Wednesday. The company's shares rose by almost 15% on the day, in marked contrast to the 0.2% dip of the S&P 500 index. Investors very much liked that...
2023-07-05 17:47:31 ET Are you looking for the best penny stocks to buy now? You’re not alone if this is you. With the major indexes, including the S&P 500 and Nasdaq, hovering around 2023 highs, the risk-on appetite is alive and well. What does this mean, overall? Depending ...
Over 70 representatives from the DOT, White House, FAA, NASA, FCC, DOD, DHS, NTIA and other agencies attended the event. Advanced Air Mobility (AAM) Interagency Working Group tasked with creating national strategy in support of the FAA’s stated goal of achieving safe integratio...
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2024-07-27 10:29:00 ET Soaring 228% in 2023, Archer Aviation (NYSE: ACHR) stock made impressive progress toward regaining the altitude it had lost after its debut on the public markets in 2021. Sadly for Archer investors, however, the momentum hasn't extended into 2024, and shar...
2024-07-26 17:15:00 ET With shares down by around 54% since inception, Archer Aviation (NYSE: ACHR) has been a punishing investment for long-term shareholders. The decline can be blamed on poor operating performance, high interest rates making unprofitable growth s...