ACHR News

Analyst predicts longer, rockier road to commercialization for eVTOLs due to FAA delays & regulatory hurdles. Market shrinks but defense offers potential.

Cramer looks at Illumina, Archer Aviation, NANO Nuclear Energy, Steris, Sixth Street Specialty Lending, Lam Research and Arista Networks.

Archer Aviation and Palantir Technologies collaborate to build AI foundation for advanced aviation technologies, including improving air traffic control and efficiency.

While Joby Aviation offers an innovative mobility platform, the current economic environment simply doesn't favor JOBY stock.

Archer Aviation's stock rose after Wall Street analysts rerated it following Q4 report. Loss of $1.42 per share missed estimates.

Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQ:NVDA) up 1.37% and Tesla, Inc. (NASDAQ:TSLA)

Major U.S. indices closed lower on Thursday, with the Dow Jones Industrial Average slipping 0.45% to 43,239.50, the S&P 500 losing nearly 1.6% to 5,861.57

Archer Aviation reported financial results for the fourth quarter Thursday after the bell. Here's a look at the key details from the print.

The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading.

Several top Cathie Wood holdings in the Ark Funds ETFs report quarterly results the week of Feb. 24 through Feb. 28.

Wall Street drops from record highs due to inflation and spending concerns. Chinese tech stocks rise. Top ETF performers in natural gas and shipping.

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Archer Aviation Inc (NYSE:ACHR) shares are trading higher. The company on Tuesday announced that it received certification from the Federal Aviation Administration (FAA) as an institution for pilot training.

Future of eVTOL uncertain as investors eye FAA approvals, cash burn, and market feasibility. Archer, Joby, and Blade have mixed outlook, slow ascent.

While Archer Aviation's recent fallout may tempt contrarian investors, the statistical backdrop doesn't favor the bulls.

JPMorgan downgrades Archer and Joby Aviation stocks, noting they have surged past what fundamentals justify due to market enthusiasm and regulatory challenges.

Archer Aviation shares are trading higher by 10.7% during Friday's session. The company recently partnered with Anduril for defense VTOLs, raised $430 million and expanded eVTOL efforts.

Major U.S. indices closed mixed on Tuesday, as the Dow Jones Industrial Average slipped 0.3% to 43,268.94, while the S&P 500 added 0.4% to reach 5,916.98. The Nasdaq rose nearly 1%, finishing at 18,987.47.

Ark Invest, led by Cathie Wood, traded $6.03 million in 28,509 Amazon shares and sold $10.09 million in 627,775 Rocket Lab shares on Thursday.

Ark Invest made significant trades on Wednesday, selling Rocket Lab shares and purchasing Amazon, Archer Aviation, Joby Aviation shares on Wednesday Nov 13, 2024.