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2023-08-01 09:28:19 ET Summary Joby's stock surge of 140% YTD, driven primarily by short covering and retail flows, lacks grounding in improved business fundamentals. The FAA's 2028 (vs. 2025 expectations) target for meaningful operations points to a prolonged pre-revenue phase fo...
2023-08-01 07:30:50 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . For further details see: Wall Street Breakfast: Rally On
Archer Aviation Inc. (NYSE: ACHR) will report its second quarter 2023 operating update and financial results after market close on Thursday, August 10, 2023. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its op...
2023-07-31 13:08:57 ET Gainers: Mallinckrodt ( MNK ) +42% . Fifth Wall Acquisition Corp. III ( FWAC ) +40% . Tupperware Brands Corporation ( TUP ) +40% . GoodRx Holdings ( GDRX ) +37% . Archer Aviation ( ACHR ) +36% . Steakho...
2023-07-31 06:08:40 ET Archer Aviation ( NYSE: ACHR ) has significantly expanded its partnership with the DoD by obtaining new contracts with the U.S. Air Force that have a combined value of up to $142 million. The new contracts signal the U.S. military's recogni...
Archer has been partnering with the Department of Defense (DoD) since 2021 on a series of projects through the Air Force’s AFWERX program with the goal of helping the AFWERX Agility Prime program assess the transformational potential of the vertical flight market and eVTOL technologies for...
2023-07-26 08:00:14 ET FN Media Group Presents Oilprice.com Market Commentary London – July 26, 2023 – Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Compani...
2023-07-24 12:04:49 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Flying car stocks could become one of the most captivating investment stories. The plan appears to be on the launchpad, preparing for its debut in the realm of mainstream mobility. Though laden...
2023-07-21 14:32:55 ET Summary Archer Aviation Inc., an eVTOL manufacturer, plans to achieve FAA approval for its 'Midnight' aircraft by late 2024, with operations starting in 2025. The company's main partner is Stellantis N.V., which will provide manufacturing technology and a $1...
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...
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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...