Archer Aviation Inc is an innovative aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft aimed at revolutionizing urban air mobility
The company is dedicated to creating sustainable air transportation solutions that enable efficient and environmentally friendly travel within cities. Archer's advanced aircraft design incorporates cutting-edge technology and engineering to address the challenges associated with urban congestion, offering a new mode of transportation that enhances connectivity and reduces travel times for urban commuters. With a vision to integrate air travel into the everyday lives of people, Archer is at the forefront of shaping the future of transportation.
Stocks tried to stage a weak rally to close the week but the short-term outlook will continue to be dictated by the uncertainty that is creating volatility
Ark Invest made notable trades on Feb. 28, 2025. They purchased shares in ACHR, RXRX, TEM, and IRDM, while selling shares in TWST, ADYEY, ACCD, and EXAS.
For the three months ended Dec. 31, the air-taxi company reported a net loss of $198.1 million, compared with a loss of $109.1 million, in the year-ago quarter.
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. (NASDAQNVDA) up 1.37% and Tesla, Inc. NASDAQ:TSLANASDAQTSLA)
Archer Aviation stock is surging after earnings on bullish analyst sentiment, but investors will still need to have conviction before commercial flights begin
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 Inc. (“Archer” or the “Company”) (NYSEACHR) today announced operating and financial results for the fourth quarter and fiscal year ended December 31, 2024. The Company issued a shareholder letter discussing those results, as well as its first quarter 2025 estimates.
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.
Today, Archer Aviation (NYSEACHR) announced a “Launch Edition” commercialization program for its Midnight aircraft. The goal of this program is to establish a pragmatic and repeatable commercialization playbook to deploy Midnight in dozens of early adopter markets in advance of type certification of the aircraft by the FAA.
ACHR stock continues to sell-off; investors are selling the news of a capital raise and possible defense cuts, but upcoming earnings could stop the skid
In this video, I review the market warnings I've shared over the past three weeks and how Friday's session confirmed negative divergences across key metrics signaling weakness.
