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2023-06-29 09:18:34 ET The rally in eVTOL stocks continued in early trading on Thursday as buzz over flying electric taxis becoming a commercial reality continues to build. Joby Aviation ( NYSE: JOBY ) received regulatory approval in the U.S. on Wednesday to expand testing of it...
2023-06-19 10:23:14 ET Archer Aviation ( NYSE: ACHR ) and Stellantis N.V. ( STLA ) announced at the Paris Air Show on Monday that the collaboration has made progress with the manufacturing of the world’s first high-volume eVTOL aircraft manufacturing facility located ...
2023-06-17 12:35:18 ET For the week ending June 16, the Industrial Select Sector ( XLI ) gained +2.98% . XLI was among the 10, out of the 11 S&P 500 sectors, which closed the week in green. YTD, XLI has risen +7.37% . Meanwhile, the SPDR S&P 500 Trust ETF ( S...
2023-06-15 07:00:00 ET Summary Archer Aviation stock has more than doubled since my last coverage. eVTOLs have been riding a positive wave of momentum. Appointment of former FAA administrator has significant advantages for Archer Aviation's success. Last month, I c...
2023-06-14 13:24:21 ET Gainers: Eve Holding ( EVEX ) +8% . Archer Aviation ( ACHR ) +8% . LanzaTech Global ( LNZA ) +6% . Odyssey Marine Exploration ( OMEX ) +6% . Losers: urban-gro ( UGRO ) -15% . Dragonfly Energy Holdin...
2023-06-10 12:00:00 ET Electric vertical take-off and landing (eVTOL) operators are attracting evermore attention as regulators signal the reality of flying taxis appears closer than ever. Indeed, the Federal Aviation Administration said that it is “planning for integrati...
2023-05-30 17:25:11 ET Summary Vertical Aerospace Ltd. has delayed eVTOL aircraft certification until at least the end of 2026. The company only has a cash balance for the next year and has committed to raising additional cash. Vertical Aerospace Ltd. stock should be sold unti...
2023-05-24 13:57:58 ET The Russell 3000 index will have a new look on June 26, after the market opens when 286 securities will be added and 179 securities will be deleted as part of the annual reconstitution. At 2023 Russell indexes annual reconstitution, following notable industrial ...
2023-05-14 05:03:06 ET Eve Holding, Inc. (EVEX) Q1 2023 Earnings Call May 9, 2023 8:00 AM ET Company Participants Lucio Aldworth - Director, Investor Relations Gerard J. DeMuro - Co-Chief Executive Officer André Duarte Stein - Co-Chief Executive Officer ...
2023-05-13 12:35:29 ET The Industrial Select Sector ( XLI ) fell for the third week in a row, ending -1.04% , while the SPDR S&P 500 Trust ETF ( SPY ) sunk ( -0.25% ) for the second week straight. XLI was among the nine, out of the 11 S&P 500 sectors, which closed th...
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Eve Air Mobility Announces $94M New Equity to Support eVTOL Development PR Newswire New capital financing includes equity injection participation from large strategic industrial companies and diversified investors Net proceeds, along with existing cash and long-term ...