Air Mobility

Archer Aviation Inc (NYSE:ACHR) will report its first-quarter earnings for fiscal 2025 after the market closes today (Monday). Wall Street expects a loss of 26 cents per share on revenue of $2.20 million as the flying taxi hopeful revs its rotors for commercialization. The stock is up a massive 134...

The promise of electric vertical takeoff and landing (eVTOL) aircraft once had Wall Street dreaming of a trillion-dollar market. Now, reality is setting in. JPMorgan analyst Bill Peterson warns that commercialization is proving longer, tougher, and less lucrative than once imagined. FAA Roadblocks...

The future of electric vertical takeoff and landing (eVTOL) aircraft is still on the runway, with investors eyeing FAA approvals, cash burn, and market feasibility. JPMorgan analyst Bill Peterson sees a mixed outlook for key players Archer Aviation Inc (NYSE:ACHR), Joby Aviation Inc (NYSE:JOBY)...

JPMorgan shifted gears on air mobility stocks Archer Aviation Inc (NYSE:ACHR) and Joby Aviation Inc (NYSE:JOBY), downgrading them despite strong sector enthusiasm. Analyst Bill Peterson adjusted Archer Aviation stock to a Neutral rating and Joby Aviation stock to Underweight, noting their...

Joby Aviation Inc. (NYSE:JOBY) is flying high — both in the skies and on Wall Street. Fresh off a sizzling 43.49% jump in the past month, Joby shares continue to show bullish momentum, riding above key moving averages like a high-flying drone above city traffic. The stock was up over 2.44% by 9:40...

Tesla Inc (NASDAQ:TSLA) is the top stock pick in the automotive sector for 2025, Morgan Stanley analysts led by Adam Jonas said in a note covering electric vehicles (EVs). Tesla Top Stock Pick: Jonas’ note came ahead of Tesla hitting new all-time highs Wednesday. Jonas reiterated an...

Joby Aviation Inc (NYSE:JOBY) is soaring to new heights—literally and figuratively. The stock is making new 52-week highs on Monday, fueled by news of half a billion-dollar investment from Toyota Motor Corp (NYSE:TM). Joby stock was up by over 10% by 10:30 AM ET on Monday. Joby's meteoric rise — a...

Electric vehicle maker Tesla, Inc.’s (NASDAQ:TSLA) shares rose sharply in premarket trading on Monday, raising the possibility of the stock extending its gains from Friday. After a winning streak that extended for 11 straight sessions, the stock reversed course last Thursday, tumbling over 8...

Lufthansa temporarily stops flights to Tehran due to Middle East crisis. Safety top priority. Global tensions rise with potential retaliations. Aviation giant Lufthansa (OTC:DLAKY) temporarily ceased its flights to Tehran due to the ongoing crisis in the Middle East. What Happened: Lufthansa has...

A leading annual auto show in North America will have the Cybertruck on display, just months after Tesla Inc (NASDAQ:TSLA) began deliveries. What Happened: The public will get their chance to see a Cybertruck up close at the Chicago Auto Show. Dating back to 1901, the event is one of the largest...

Adding a new dimension to its diversified portfolio, Uber Technologies Inc. (NYSE:UBER) has launched hot air balloon rides in Turkey’s Cappadocia region. What Happened: According to a Business Insider report, the new service from Uber requires passengers to book 12 hours in advance using Uber...

Closely-followed investor Cathie Wood’s investment management firm Ark Invest snapped up more shares in Blade Air Mobility Inc (NASDAQ: BLDE), a provider of luxury on-demand private helicopter and seaplane services, on Tuesday. The St. Petersburg, Florida-based Ark Invest...