11 hours ago
With a market cap of $294.6 billion, RTX Corporation (RTX) is a global technology and aerospace leader with more than 180,000 employees, dedicated to advancing innovation in aviation, defense, and next-generation technologies. The company develops cutting-edge solutions that enhance global connectivity, strengthen security, and help customers address their most critical challenges.
Shares of the Arlington, Virginia-based company have significantly outperformed the broader market over the past 52 weeks. RTX stock has jumped 40.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.3%. Moreover, shares of the company are up 19.2% on a YTD basis, compared to SPX's 8.5% rise.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
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#company #next
Shares of the Arlington, Virginia-based company have significantly outperformed the broader market over the past 52 weeks. RTX stock has jumped 40.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 16.3%. Moreover, shares of the company are up 19.2% on a YTD basis, compared to SPX's 8.5% rise.
Dear Sandisk Stock Fans, Mark Your Calendars for August 5
Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
Ahead of Microsoft Earnings, Here's What Barchart Data Says Comes Next for MSFT Stock
#company #next
1 day ago
RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #forecast
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #forecast
3 days ago
RTX Corporation (NYSE:RTX) on Thursday lifted its sales and profit outlook for 2026, amid sustained demand for commercial aircraft maintenance and military systems, as airlines continue to rely on older fleets and governments restock weapons.
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #adjusted #forecast #increase
The aerospace and defense company now projects adjusted sales in the range of $95 billion to $96 billion, up from its earlier estimates of $92.5 billion to $93.5 billion. Wall Street has an average forecast of $94.08 billion. The full-year adjusted EPS is expected in the range of $7.10 to $7.25, up from $6.70 to $6.90, and above ******* ysts' forecast of $6.92 per share.
The forecast lift came during the second quarter earnings call on July 23, where RTX beat Wall Street's estimates for both revenue and profit. Quarterly revenue came in at $24.7 billion, growing 14% year-over-year, while adjusted EPS was logged at $1.89, representing a 21% increase from the prior year's period.
The Pratt & Whitney unit, which manufactures engines for Airbus jets and the F-35, saw a 16% increase in sales to $8.89 billion, while demand for air and missile defense systems drove an 18% sales growth in the company's Raytheon defense business. Collins Aerospace, which delivers advanced aviation systems, saw an 8% increase in sales.
The company said its backlog expanded 22% from the prior year's period to $289 billion, which included $170 billion in commercial aerospace and $119 billion in defense-related orders. Operating cash flow during the quarter came in at $3.5 billion, resulting in free cash flow of $2.9 billion.
#sales #adjusted #forecast #increase
6 days ago
Archer Aviation Inc. (NYSE:ACHR) shares are ripping higher, with roughly 19.6% gains in a single session. As of July 21, ACHR trades at $5.29. The market move comes after Archer, with Anduril, unveiled its Thunder autonomous vertical takeoff and landing defense craft, which is designed to accompany crewed aircraft and helicopters.
While the market move is tied to a concrete product launch, there is another catalyst on the calendar this week.
The catalyst that sent the company higher was the launch of an autonomous VTOL aircraft platform with a defense variant called Thunder, jointly developed with the defense company Anduril. At the Farnborough Airshow on July 20, Archer Aviation Inc. (NYSE:ACHR) and Anduril unveiled a jointly developed, series hybrid-electric VTOL platform built for both defense and commercial missions.
The defense variant "Thunder" was of particular focus. It is a Group 5 autonomous attack rotorcraft designed to multiply the combat power of crewed attack and ***** ault aircraft. This marks a real pivot from Archer's original air-taxi pitch into dual-use defense revenue. CEO Adam Goldstein noted defense to be a "huge market" and said, "the applications we can bring in the defense world are quite impressive and very much needed for the warfighter."
Management noted that what sets Thunder apart is "a hybrid-electric powertrain enables the aircraft to achieve significant range and endurance, while still maintaining the necessary precision to closely optimize power through the full range of flight conditions."
#aviation #NYSE
While the market move is tied to a concrete product launch, there is another catalyst on the calendar this week.
The catalyst that sent the company higher was the launch of an autonomous VTOL aircraft platform with a defense variant called Thunder, jointly developed with the defense company Anduril. At the Farnborough Airshow on July 20, Archer Aviation Inc. (NYSE:ACHR) and Anduril unveiled a jointly developed, series hybrid-electric VTOL platform built for both defense and commercial missions.
The defense variant "Thunder" was of particular focus. It is a Group 5 autonomous attack rotorcraft designed to multiply the combat power of crewed attack and ***** ault aircraft. This marks a real pivot from Archer's original air-taxi pitch into dual-use defense revenue. CEO Adam Goldstein noted defense to be a "huge market" and said, "the applications we can bring in the defense world are quite impressive and very much needed for the warfighter."
Management noted that what sets Thunder apart is "a hybrid-electric powertrain enables the aircraft to achieve significant range and endurance, while still maintaining the necessary precision to closely optimize power through the full range of flight conditions."
#aviation #NYSE
8 days ago
Interested in Archer Aviation Inc.? Here are five stocks we like better.
Archer Aviation and Anduril unveiled Thunder, a hybrid-electric autonomous rotorcraft aimed at defense applications.
The defense pivot could give Archer a second path beyond the slower regulatory timeline for civilian air taxis.
Archer still faces heavy cash burn, certification risk and a long commercialization runway despite its strong liquidity position.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
#here
Archer Aviation and Anduril unveiled Thunder, a hybrid-electric autonomous rotorcraft aimed at defense applications.
The defense pivot could give Archer a second path beyond the slower regulatory timeline for civilian air taxis.
Archer still faces heavy cash burn, certification risk and a long commercialization runway despite its strong liquidity position.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
#here
8 days ago
If you thought Archer Aviation (NYSE:ACHR) was only building flying taxis, you might want to think again.
On July 20, Archer and defense company Anduril unveiled an autonomous VTOL aircraft platform, with a defense variant, "Thunder", also introduced. Since late 2024, both companies have been jointly developing technology for the vertical takeoff and landing (VTOL) sector. While "Thunder" is a defense variant, Archer says it will announce the platform's first commercial customers later this week.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The importance of this platform for Archer cannot be overstated. The company is not generating meaningful revenue, and Midnight, its flagship electric vertical takeoff and landing (eVTOL) aircraft, still lacks FAA type certification. If, however, it can turn the Anduril platform into firm orders, it could create a path to meaningful revenue while Midnight continues working through the certification process.
Archer stock jumped roughly 20% on the news, which puts it roughly 30% lower on the year. If you've been waiting for a reason to buy this beaten-down aviation stock, let's take a closer look to see if now is the time to jump in.
#company #platform #vtol #thunder
On July 20, Archer and defense company Anduril unveiled an autonomous VTOL aircraft platform, with a defense variant, "Thunder", also introduced. Since late 2024, both companies have been jointly developing technology for the vertical takeoff and landing (VTOL) sector. While "Thunder" is a defense variant, Archer says it will announce the platform's first commercial customers later this week.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The importance of this platform for Archer cannot be overstated. The company is not generating meaningful revenue, and Midnight, its flagship electric vertical takeoff and landing (eVTOL) aircraft, still lacks FAA type certification. If, however, it can turn the Anduril platform into firm orders, it could create a path to meaningful revenue while Midnight continues working through the certification process.
Archer stock jumped roughly 20% on the news, which puts it roughly 30% lower on the year. If you've been waiting for a reason to buy this beaten-down aviation stock, let's take a closer look to see if now is the time to jump in.
#company #platform #vtol #thunder
8 days ago
Finding a bargain is a relative feat. For a growth investor like Cathie Wood, there might be deals in stocks that are slumping despite not yet being textbook cheap. She added to existing Ark positions in Archer Aviation (NYSE: ACHR), **** e Exploration Technologies (NASDAQ: SPCX), and Meta Platforms (NASDAQ: META) on Monday.
Archer and **** eX are now trading below their IPO pricing. Meta is faring a bit better than the recent slides at Archer and **** eX, but the Facebook parent company is still trading 8% lower over the past year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Let's take a closer look at the three potentially opportunistic purchases by Ark to kick off the new trading week.
One of Monday's biggest winners was Archer Aviation stock. One of the leaders in the development of electric vertical takeoff and landing (eVTOL) aircraft saw its shares soar nearly 20% on its heaviest day of trading volume since late last year after introducing a new revenue stream.
#NVIDIA #aviation #company
Archer and **** eX are now trading below their IPO pricing. Meta is faring a bit better than the recent slides at Archer and **** eX, but the Facebook parent company is still trading 8% lower over the past year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Let's take a closer look at the three potentially opportunistic purchases by Ark to kick off the new trading week.
One of Monday's biggest winners was Archer Aviation stock. One of the leaders in the development of electric vertical takeoff and landing (eVTOL) aircraft saw its shares soar nearly 20% on its heaviest day of trading volume since late last year after introducing a new revenue stream.
#NVIDIA #aviation #company
9 days ago
The flying taxi company just unveiled a military drone, and investors are betting it's a much faster path to a paycheck.
If you blinked, you might have missed it. Archer Aviation (ACHR) stock jumped +19.6% on Monday, a sharp reversal after hitting its 52-week low of $4.44 just the session before. While peers like JOBY also saw a lift, Archer's move was in a different league. So what exactly put the charge back into this electric aircraft developer?
On Monday morning, the company pulled the curtain back on a new partnership with a defense technology company. They unveiled an autonomous aircraft platform called Thunder. This isn't another sleek pod designed to whisk you over city traffic. It's a craft built with military and commercial applications in mind, marking a significant new direction for the company.
Because it gives Archer a second, more tangible story to tell. Crucially, Archer remains essentially pre-revenue, with its entire valuation pinned on the future commercialization of urban air mobility. But as one report noted, the eVTOL industry is seeing "slower-than-expected progress." This pivot into defense is a "major expansion beyond its core urban air mobility business," offering a potential path to revenue that doesn't rely solely on a consumer market that doesn't exist yet. It's a strategic hedge while commercial passenger certification moves through lengthy regulatory timelines.
The company isn't abandoning its original mission. The CEO reaffirmed the goal of achieving certification for its passenger craft by 2028. But the more immediate catalyst is on the commercial front. Archer is expected to announce its "first commercial customers later this week," which could provide another jolt of validation. This pivot firmly plants a foot in the aerospace and defense sector, a move that clearly resonated with investors tired of waiting.
#Monday #investors
If you blinked, you might have missed it. Archer Aviation (ACHR) stock jumped +19.6% on Monday, a sharp reversal after hitting its 52-week low of $4.44 just the session before. While peers like JOBY also saw a lift, Archer's move was in a different league. So what exactly put the charge back into this electric aircraft developer?
On Monday morning, the company pulled the curtain back on a new partnership with a defense technology company. They unveiled an autonomous aircraft platform called Thunder. This isn't another sleek pod designed to whisk you over city traffic. It's a craft built with military and commercial applications in mind, marking a significant new direction for the company.
Because it gives Archer a second, more tangible story to tell. Crucially, Archer remains essentially pre-revenue, with its entire valuation pinned on the future commercialization of urban air mobility. But as one report noted, the eVTOL industry is seeing "slower-than-expected progress." This pivot into defense is a "major expansion beyond its core urban air mobility business," offering a potential path to revenue that doesn't rely solely on a consumer market that doesn't exist yet. It's a strategic hedge while commercial passenger certification moves through lengthy regulatory timelines.
The company isn't abandoning its original mission. The CEO reaffirmed the goal of achieving certification for its passenger craft by 2028. But the more immediate catalyst is on the commercial front. Archer is expected to announce its "first commercial customers later this week," which could provide another jolt of validation. This pivot firmly plants a foot in the aerospace and defense sector, a move that clearly resonated with investors tired of waiting.
#Monday #investors
9 days ago
L1 Capital, an investment management firm, released its "L1 Capital International Fund" (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The letter discusses the current investment environment as a 'two-speed' but resilient global economy, accompanied by an uncertain future. The letter explores the potential of an AI bubble, distinguishing between strong fundamentals and speculative momentum. Additionally, the market displays a 'narrow' character, marked by high exuberance and ***** ounced over-pessimism. Against this backdrop, the Fund returned +2.6% (net of fees) during the June 2026 quarter, compared to the benchmark return of +12.5% (all in A$). The underperformance was driven more by which investments were not held in the Fund. The Fund remains focused on quality, valuation and the avoidance of permanent capital loss, and believes the portfolio is positioned to deliver attractive risk-adjusted returns for patient investors. In addition, you can check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, L1 Capital International Fund highlighted AerCap Holdings N.V. (NYSE:AER). AerCap Holdings N.V. (NYSE:AER) is a leading aviation leasing company headquartered in Dublin, Ireland. On July 17, 2026, AerCap Holdings N.V. (NYSE:AER) closed at $146.97 per share, reflecting a market capitalization of $23.18 billion. AerCap Holdings N.V. (NYSE:AER) posted a one-month return of 0.08%, while its shares gained 33.08% over the past 52 weeks.
L1 Capital International Fund stated the following regarding AerCap Holdings N.V. (NYSE:AER) in its Q2 2026 investor update:
"AerCap Holdings N.V. (NYSE:AER), the world's largest aircraft and aircraft engine lessor, continues to benefit from strong demand and constrained supply across both aircraft and engines. Higher fuel prices ***** ociated with the Middle East conflict have contributed to some adjustment in airline capacity and increased pressure on weaker carriers, but we do not expect this to materially negatively impact AerCap and may present opportunities for AerCap's nimble management team. We expect another quarter of strong financial results and elevated buyback activity. Although upside is more modest following recent share price appreciation, AerCap remains a high-quality compounder capable of creating significant shareholder value through sustained financial performance and disciplined capital allocation."
AerCap Holdings N.V. (NYSE:AER) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 56 hedge fund portfolios held AerCap Holdings N.V. (NYSE:AER) at the end of the first quarter, up from 54 in the previous quarter. While we acknowledge the potential of AerCap Holdings N.V. (NYSE:AER) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stan
In its Q2 2026 investor letter, L1 Capital International Fund highlighted AerCap Holdings N.V. (NYSE:AER). AerCap Holdings N.V. (NYSE:AER) is a leading aviation leasing company headquartered in Dublin, Ireland. On July 17, 2026, AerCap Holdings N.V. (NYSE:AER) closed at $146.97 per share, reflecting a market capitalization of $23.18 billion. AerCap Holdings N.V. (NYSE:AER) posted a one-month return of 0.08%, while its shares gained 33.08% over the past 52 weeks.
L1 Capital International Fund stated the following regarding AerCap Holdings N.V. (NYSE:AER) in its Q2 2026 investor update:
"AerCap Holdings N.V. (NYSE:AER), the world's largest aircraft and aircraft engine lessor, continues to benefit from strong demand and constrained supply across both aircraft and engines. Higher fuel prices ***** ociated with the Middle East conflict have contributed to some adjustment in airline capacity and increased pressure on weaker carriers, but we do not expect this to materially negatively impact AerCap and may present opportunities for AerCap's nimble management team. We expect another quarter of strong financial results and elevated buyback activity. Although upside is more modest following recent share price appreciation, AerCap remains a high-quality compounder capable of creating significant shareholder value through sustained financial performance and disciplined capital allocation."
AerCap Holdings N.V. (NYSE:AER) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 56 hedge fund portfolios held AerCap Holdings N.V. (NYSE:AER) at the end of the first quarter, up from 54 in the previous quarter. While we acknowledge the potential of AerCap Holdings N.V. (NYSE:AER) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stan
10 days ago
Early warnings surrounding the Strait of Hormuz suggested that European airports and fuel markets could face physical shortages by the beginning of summer. Those shortages largely failed to materialise, revealing both the adaptability of global energy markets and their persistent tendency to price worst-case scenarios long before they occur.
When the Strait of Hormuz was effectively closed at the end of February, the first forecasts were dramatic. The disruption affected a route that had carried nearly 20 million barrels per day of crude oil and petroleum products before the conflict, while Gulf exporters had also supplied a significant share of the world's diesel, jet fuel and liquefied petroleum gas. Europe appeared particularly exposed because it imported far more aviation fuel than it produced and had relied heavily on supplies originating in the Middle East.
By April, warnings of physical shortages were becoming increasingly specific. The International Energy Agency estimated that Europe could begin running short of aviation fuel in June if it managed to replace only half of the supplies normally imported from the Gulf. Airlines warned that flights might have to be cancelled, airports considered contingency measures, and European officials began discussing the coordinated release and redistribution of jet fuel reserves. Ryanair suggested that a loss of 10% to 20% of available supply could force airlines to cut capacity during the summer season.
June has now passed, however, and European aviation has not ground to a halt. Petrol stations have not broadly run dry, diesel rationing has not been introduced and the widespread physical shortages that dominated the early discussion have not occurred. Prices increased sharply, inventories declined and individual routes became less economical, but the energy system absorbed a disruption that the IEA described as the largest in the history of the global oil market.
Related: Europe's Heatwave Is Becoming an Energy Crisis
When the Strait of Hormuz was effectively closed at the end of February, the first forecasts were dramatic. The disruption affected a route that had carried nearly 20 million barrels per day of crude oil and petroleum products before the conflict, while Gulf exporters had also supplied a significant share of the world's diesel, jet fuel and liquefied petroleum gas. Europe appeared particularly exposed because it imported far more aviation fuel than it produced and had relied heavily on supplies originating in the Middle East.
By April, warnings of physical shortages were becoming increasingly specific. The International Energy Agency estimated that Europe could begin running short of aviation fuel in June if it managed to replace only half of the supplies normally imported from the Gulf. Airlines warned that flights might have to be cancelled, airports considered contingency measures, and European officials began discussing the coordinated release and redistribution of jet fuel reserves. Ryanair suggested that a loss of 10% to 20% of available supply could force airlines to cut capacity during the summer season.
June has now passed, however, and European aviation has not ground to a halt. Petrol stations have not broadly run dry, diesel rationing has not been introduced and the widespread physical shortages that dominated the early discussion have not occurred. Prices increased sharply, inventories declined and individual routes became less economical, but the energy system absorbed a disruption that the IEA described as the largest in the history of the global oil market.
Related: Europe's Heatwave Is Becoming an Energy Crisis
11 days ago
iShares U.S. Aerospace & Defense ETF (NYSEMKT:ITA) provides a lower-cost entry to the sector, while First Trust Indxx Aerospace & Defense ETF (NYSEMKT:MISL) offers a unique tilt by including defense-related technology firms.
Investors seeking exposure to the aviation and defense industries often look to specialized ETFs to capture sector-specific growth. Aerospace and defense ETFs offer exposure to national security budgets and commercial aviation cycles. This **** ysis compares two popular options that differ in scale, cost, and historical performance.
Metric
MISL
ITA
Investors seeking exposure to the aviation and defense industries often look to specialized ETFs to capture sector-specific growth. Aerospace and defense ETFs offer exposure to national security budgets and commercial aviation cycles. This **** ysis compares two popular options that differ in scale, cost, and historical performance.
Metric
MISL
ITA
12 days ago
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country's aging air traffic control (ATC) systems, as well as curb flight disruptions.
According to a Reuters report on Wednesday, a coalition of airlines, airplane manufacturers, airports, unions and others said that the funds would replace hundreds of aging ATC facilities, as well as help deploy next-generation tech for controllers to improve safety.
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A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country's aging air traffic control (ATC) systems, as well as curb flight disruptions.
According to a Reuters report on Wednesday, a coalition of airlines, airplane manufacturers, airports, unions and others said that the funds would replace hundreds of aging ATC facilities, as well as help deploy next-generation tech for controllers to improve safety.
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A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
14 days ago
The remains of several geese were found on a New York City sightseeing helicopter that crashed into the Hudson River last year and killed 6 people, investigators said Thursday, strong suggestions that multiple bird strikes contributed to the tragedy.
Reports from the National Transportation Safety Board were not final and do not identify a definitive cause of the crash. But they describe evidence that supports bird strikes before the helicopter plummeted into the river on April 10, 2025.
The Federal Aviation Administration has said that helicopters are especially vulnerable to bird strikes because they fly at low altitudes. Strikes can turn out to be devastating.
"It seems pretty clear to me that the breakup of that helicopter was precipitated by several bird strikes," said aviation safety expert Jeff Guzzetti, a former federal crash investigator, who read the key findings. "Not just one but several — and birds of a different feather."
He noted damage to the aircraft's horizontal stabilizer, a key part of the helicopter.
Reports from the National Transportation Safety Board were not final and do not identify a definitive cause of the crash. But they describe evidence that supports bird strikes before the helicopter plummeted into the river on April 10, 2025.
The Federal Aviation Administration has said that helicopters are especially vulnerable to bird strikes because they fly at low altitudes. Strikes can turn out to be devastating.
"It seems pretty clear to me that the breakup of that helicopter was precipitated by several bird strikes," said aviation safety expert Jeff Guzzetti, a former federal crash investigator, who read the key findings. "Not just one but several — and birds of a different feather."
He noted damage to the aircraft's horizontal stabilizer, a key part of the helicopter.
16 days ago
This article was originally published on ETFTrends.com.
Missiles and drones disrupted skies over Dubai in late February, following U.S.-Israeli strikes on Iran. Private aviation executive Jonny Dodge watched his phone light up nonstop. His firm, YourSky, flies much of the emirate's crypto elite, giving him a front-row seat to the panic.
Missile strikes near Dubai triggered a wave of crypto executive evacuations in February.
The UAE's on-chain crypto value hit $56 billion in 2024-2025, up 33% year over year.
Founders are splitting operations across Dubai, Hong Kong and Singapore instead of leaving.
Missiles and drones disrupted skies over Dubai in late February, following U.S.-Israeli strikes on Iran. Private aviation executive Jonny Dodge watched his phone light up nonstop. His firm, YourSky, flies much of the emirate's crypto elite, giving him a front-row seat to the panic.
Missile strikes near Dubai triggered a wave of crypto executive evacuations in February.
The UAE's on-chain crypto value hit $56 billion in 2024-2025, up 33% year over year.
Founders are splitting operations across Dubai, Hong Kong and Singapore instead of leaving.
18 days ago
A devastating double aviation crisis in the Bahamas, including a deadly North Andros plane crash and a separate aircraft fire Friday, prompted the government to suspend flight operations for a local airline and launch a federal safety probe.
Shortly after 1 p.m. Friday, a Cessna 402 aircraft with Bahamian registration departed Lynden Pindling International Airport in Nassau bound for San Andros Airport.
The Aircraft Accident Investigation Authority (AAIA) said the plane "encountered difficulties" and crashed into bushes prior to landing.
Missouri Skydiving Plane Crash That Killed All 12 Aboard Is A 'Devastating Loss,' Company Says
First responders, including the Royal Bahamas Police Force, Airport Authority and emergency medical personnel, rushed to the dense brush where the aircraft went down.
Shortly after 1 p.m. Friday, a Cessna 402 aircraft with Bahamian registration departed Lynden Pindling International Airport in Nassau bound for San Andros Airport.
The Aircraft Accident Investigation Authority (AAIA) said the plane "encountered difficulties" and crashed into bushes prior to landing.
Missouri Skydiving Plane Crash That Killed All 12 Aboard Is A 'Devastating Loss,' Company Says
First responders, including the Royal Bahamas Police Force, Airport Authority and emergency medical personnel, rushed to the dense brush where the aircraft went down.
21 days ago
By Doyinsola Oladipo and Allison Lampert
NEW YORK/MONTREAL, July 9 (Reuters) - Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and **** eX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements.
The Cleveland-based attorney attributed the rush to a handful of major "liquidity events" in the tech industry.
The IPO of Elon Musk's **** eX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and generated unprecedented employee and founder wealth. Next in line for potential big IPOs are AI companies Anthropic and OpenAI.
Venture capitalists, board directors and early employees of **** eX and other AI companies, along with bankers shepherding anticipated IPOs, are channeling fresh wealth into private aviation, turning it into an early beneficiary of the AI boom. Reuters reported last month that luxury travel companies are increasingly targeting tech entrepreneurs, reflecting expectations that the sector will spawn a new cohort of billionaires.
NEW YORK/MONTREAL, July 9 (Reuters) - Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and **** eX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements.
The Cleveland-based attorney attributed the rush to a handful of major "liquidity events" in the tech industry.
The IPO of Elon Musk's **** eX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and generated unprecedented employee and founder wealth. Next in line for potential big IPOs are AI companies Anthropic and OpenAI.
Venture capitalists, board directors and early employees of **** eX and other AI companies, along with bankers shepherding anticipated IPOs, are channeling fresh wealth into private aviation, turning it into an early beneficiary of the AI boom. Reuters reported last month that luxury travel companies are increasingly targeting tech entrepreneurs, reflecting expectations that the sector will spawn a new cohort of billionaires.
21 days ago
Air Canada (TSX:AC.B) has appointed Scandinavian Airlines (SAS) president and CEO Anko Van der Werff as its next president and CEO, with the aviation executive set to ****** ume the role and join the airline's board by the end of January 2027.
Van der Werff will succeed Michael Rousseau, whose retirement takes effect on August 31, after 19 years with Air Canada (TSX:AC.B). Rousseau will remain available during the transition period, after which the airline's Executive Committee will report to the Board until Van der Werff takes office.
Air Canada (TSX:AC.B) said the selection process ****** sed several performance criteria, including the ability to communicate in French.
Rousseau announced his retirement earlier this year following controversy over his response to a fatal incident involving Air Canada (TSX:AC.B) pilots at New York's LaGuardia Airport, after criticism that he did not initially offer condolences in French.
Air Canada board chair Vagn Sørensen said the airline was pleased to appoint an executive with more than 25 years of international aviation experience.
Van der Werff will succeed Michael Rousseau, whose retirement takes effect on August 31, after 19 years with Air Canada (TSX:AC.B). Rousseau will remain available during the transition period, after which the airline's Executive Committee will report to the Board until Van der Werff takes office.
Air Canada (TSX:AC.B) said the selection process ****** sed several performance criteria, including the ability to communicate in French.
Rousseau announced his retirement earlier this year following controversy over his response to a fatal incident involving Air Canada (TSX:AC.B) pilots at New York's LaGuardia Airport, after criticism that he did not initially offer condolences in French.
Air Canada board chair Vagn Sørensen said the airline was pleased to appoint an executive with more than 25 years of international aviation experience.
22 days ago
Mid-cap stocks MYR Group (NASDAQ: MYRG) and VSE Corporation (NASDAQ: VSEC) operate in completely different industrial sectors, with MYR Group focusing on electrical contracting and VSE on aviation aftermarket services.
However, they are fundamentally cut from the same cloth, as they rely heavily on recurring, non-discretionary service revenue. Utilities must maintain the grid, and that's where MYR comes in. Planes must be serviced to remain airworthy, which is how VSE generates income.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of July 6, VSE's shares are up more than 38% this year, and MYR's shares are up more than 102%. Here are three reasons why I still like each of these pick-and-shovel stocks.
The company is well-positioned for the massive multi-year build-out of data centers, renewable energy integration, and electric vehicle (EV) charging infrastructure. Because its commercial and industrial (C&I) segment specializes in complex electrical contracting, it is seeing intense demand from tech companies expanding their artificial intelligence (AI) infrastructure. Additionally, utility companies face a multi-decade grid modernization cycle to handle higher power loads and connect new clean energy sources, giving MYR Group a structural tailwind that isn't reliant on normal economic cycles.
However, they are fundamentally cut from the same cloth, as they rely heavily on recurring, non-discretionary service revenue. Utilities must maintain the grid, and that's where MYR comes in. Planes must be serviced to remain airworthy, which is how VSE generates income.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of July 6, VSE's shares are up more than 38% this year, and MYR's shares are up more than 102%. Here are three reasons why I still like each of these pick-and-shovel stocks.
The company is well-positioned for the massive multi-year build-out of data centers, renewable energy integration, and electric vehicle (EV) charging infrastructure. Because its commercial and industrial (C&I) segment specializes in complex electrical contracting, it is seeing intense demand from tech companies expanding their artificial intelligence (AI) infrastructure. Additionally, utility companies face a multi-decade grid modernization cycle to handle higher power loads and connect new clean energy sources, giving MYR Group a structural tailwind that isn't reliant on normal economic cycles.
22 days ago
A cargo plane went missing near Pakistan on Tuesday but was found after a 12-hour search.
Flight data shows that the plane rapidly descended before losing contact with air traffic control.
Aviation experts say there are many possible explanations for the crash, but information is limited.
The wreckage of a Boeing 737 freighter that plummeted from 35,000 feet into the Arabian Sea on Tuesday has been found after a 12-hour search-and-rescue effort, and theories about what caused the crash are circulating.
Until the debris and the black boxes, which store flight data and ***** pit audio, are fully recovered and ***** yzed by investigators, it is impossible to say with certainty what happened.
Flight data shows that the plane rapidly descended before losing contact with air traffic control.
Aviation experts say there are many possible explanations for the crash, but information is limited.
The wreckage of a Boeing 737 freighter that plummeted from 35,000 feet into the Arabian Sea on Tuesday has been found after a 12-hour search-and-rescue effort, and theories about what caused the crash are circulating.
Until the debris and the black boxes, which store flight data and ***** pit audio, are fully recovered and ***** yzed by investigators, it is impossible to say with certainty what happened.
23 days ago
Schaffhausen, Switzerland-based Garmin Ltd. (GRMN) designs, develops, manufactures, markets, and distributes a range of wireless devices. Valued at $46.3 billion by market cap, the company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products serving automotive, aviation, marine, outdoor, and fitness markets. The leading provider of navigation and communication devices is expected to announce its fiscal second-quarter earnings for 2026 before the market opens on Wednesday, Jul. 29.
Ahead of the event, ****** ysts expect GRMN to report a profit of $2.27 per share on a diluted basis, up 4.6% from $2.17 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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Ahead of the event, ****** ysts expect GRMN to report a profit of $2.27 per share on a diluted basis, up 4.6% from $2.17 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
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23 days ago
The electric vertical take-off and landing aircraft (eVTOL) market is a tough one to invest in because it's in such an early stage. While there are multiple companies involved in the ***** e and trying to convince investors they're the real deals, it's difficult, if not impossible, to predict which, if any, will lead the market in the next five to 10 years.
Joby Aviation (NYSE: JOBY) is one of the promising players in the industry, and that's evident with its sizable valuation. Its market cap is nearly $9 billion -- more than double that of rival Archer Aviation. But investors have grown bearish about Joby's stock of late, as it's down more than 30% since the beginning of the year. Trading at around $9, investors may be torn about where the eVTOL stock will be headed from here on out: is it more likely to get to $15 or $5 this year?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Joby's stock had been rising prior to the start of this year on the hope that its air taxis would soon commence operating activities. While that's still a possibility, it's notable that the stock began to go into a free fall in late January after Joby announced it was raising about $1.2 billion from the issue of common stock and convertible notes, raising flags over the unprofitable company's need to raise cash -- an issue that's likely to persist over the long haul.
While Joby has been showcasing its air taxi with test flights in New York City and Dubai, investors are still left waiting for approval from regulators, which would surely be the catalyst that lifts the stock higher. Joby has previously stated it expects to commence U.S. operations at some point this year. If that ends up happening, that could be what's needed for the stock to rally once more.
Joby Aviation (NYSE: JOBY) is one of the promising players in the industry, and that's evident with its sizable valuation. Its market cap is nearly $9 billion -- more than double that of rival Archer Aviation. But investors have grown bearish about Joby's stock of late, as it's down more than 30% since the beginning of the year. Trading at around $9, investors may be torn about where the eVTOL stock will be headed from here on out: is it more likely to get to $15 or $5 this year?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Joby's stock had been rising prior to the start of this year on the hope that its air taxis would soon commence operating activities. While that's still a possibility, it's notable that the stock began to go into a free fall in late January after Joby announced it was raising about $1.2 billion from the issue of common stock and convertible notes, raising flags over the unprofitable company's need to raise cash -- an issue that's likely to persist over the long haul.
While Joby has been showcasing its air taxi with test flights in New York City and Dubai, investors are still left waiting for approval from regulators, which would surely be the catalyst that lifts the stock higher. Joby has previously stated it expects to commence U.S. operations at some point this year. If that ends up happening, that could be what's needed for the stock to rally once more.
26 days ago
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Joby Aviation, Inc. stock rose Tuesday after the company and Toyota Motor Corporation formed a joint venture to support commercial production and scale-up of Joby's electric air taxi aircraft.
This builds upon a deep, multi-year collaboration and follows Toyota's massive $500 million investment in Joby in late 2024 to fund aircraft certification and early-stage production
The joint venture, Joby Toyota Aero Manufacturing Preparation Company, will manufacture Joby's S4 Series eVTOL aircraft.
Toyota will hold a 51% stake after buying 1.02 million shares for $1.02 million, while Joby will hold 49% after buying 980,000 shares for $980,000.
Joby Aviation, Inc. stock rose Tuesday after the company and Toyota Motor Corporation formed a joint venture to support commercial production and scale-up of Joby's electric air taxi aircraft.
This builds upon a deep, multi-year collaboration and follows Toyota's massive $500 million investment in Joby in late 2024 to fund aircraft certification and early-stage production
The joint venture, Joby Toyota Aero Manufacturing Preparation Company, will manufacture Joby's S4 Series eVTOL aircraft.
Toyota will hold a 51% stake after buying 1.02 million shares for $1.02 million, while Joby will hold 49% after buying 980,000 shares for $980,000.
27 days ago
The prospects for electric vertical take-off and landing (eVTOL) companies don't just depend on future orders or regulatory approvals; they also depend on securing their supply chains and ramping up production to meet expectations. That's why investors have reason to be positive about Vertical Aerospace (NYSE: EVTL) after it recently signed a long-term agreement with Astronics for power distribution systems for its Valo eVTOL. Is it enough to make the stock a buy?
Not all eVTOL companies are made equal. While Joby Aviation is pursuing a vertically integrated model and developing its own technology, Boeing's Wisk is also relying on investment and technology from its parent company, and companies like Archer Aviation and Vertical Aerospace are heavily reliant on components from established companies.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In theory, at least, this should accelerate development and make it easier to ramp up production. That's why every time the U.K.'s Vertical Aerospace signs a long-term supply agreement, it helps de-risk the company's business model. It already has deals in place with Honeywell (flight control and management systems), Hyundai WIA (landing gear), and other specialist aerospace suppliers, with the recent deal adding low-voltage power distribution systems -- a critical part of an eVTOL.
While execution risk has diminished somewhat with the deal, this is still a company burning cash and won't generate earnings until 2032, according to the Wall Street ******* yst consensus from S&P Global Market Intelligence. In other words, the $239 million-market cap company will need cash, which means significant dilution for existing investors is on the way.
Not all eVTOL companies are made equal. While Joby Aviation is pursuing a vertically integrated model and developing its own technology, Boeing's Wisk is also relying on investment and technology from its parent company, and companies like Archer Aviation and Vertical Aerospace are heavily reliant on components from established companies.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In theory, at least, this should accelerate development and make it easier to ramp up production. That's why every time the U.K.'s Vertical Aerospace signs a long-term supply agreement, it helps de-risk the company's business model. It already has deals in place with Honeywell (flight control and management systems), Hyundai WIA (landing gear), and other specialist aerospace suppliers, with the recent deal adding low-voltage power distribution systems -- a critical part of an eVTOL.
While execution risk has diminished somewhat with the deal, this is still a company burning cash and won't generate earnings until 2032, according to the Wall Street ******* yst consensus from S&P Global Market Intelligence. In other words, the $239 million-market cap company will need cash, which means significant dilution for existing investors is on the way.
27 days ago
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is one of the cheap stocks that are about to explode. On June 22, Petrobras announced it had received board approval for a $1.2 billion investment to construct a new biofuels facility at the Presidente Bernardes Refinery in Cubatão, Brazil. The project, which is scheduled to begin construction by the end of 2026, is designed to produce 15,000 barrels per day of bio-jet fuel and renewable diesel, with operations expected to start in 2030.
This initiative is a core component of the company's 2026–2030 Business Plan and aligns with Brazil's Future Fuel Law. By focusing on renewable energy production, Petrobras aims to support international aviation standards, such as the Carbon Offsetting and Reduction Scheme for International Aviation/CORSIA, while advancing a broader energy transition strategy.
The development follows recent announcements of significant investments in the state of Amazonas, including logistics infrastructure and drilling operations at the Urucu field. These moves reflect a growing commitment to modernizing production capabilities and strengthening supply chains to meet both domestic regulatory requirements and international sustainability goals.
QiuJu Song/Shutterstock.com
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is involved in exploration, production, and distribution activities involving oil and gas. The company's operations are divided into the following segments: Exploration and Production; Refining, Transportation, and Marketing; and Gas and Low Carbon Energies.
This initiative is a core component of the company's 2026–2030 Business Plan and aligns with Brazil's Future Fuel Law. By focusing on renewable energy production, Petrobras aims to support international aviation standards, such as the Carbon Offsetting and Reduction Scheme for International Aviation/CORSIA, while advancing a broader energy transition strategy.
The development follows recent announcements of significant investments in the state of Amazonas, including logistics infrastructure and drilling operations at the Urucu field. These moves reflect a growing commitment to modernizing production capabilities and strengthening supply chains to meet both domestic regulatory requirements and international sustainability goals.
QiuJu Song/Shutterstock.com
Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR) is involved in exploration, production, and distribution activities involving oil and gas. The company's operations are divided into the following segments: Exploration and Production; Refining, Transportation, and Marketing; and Gas and Low Carbon Energies.
27 days ago
A man who flew his plane into Beijing's tallest skyscraper last week was a 66-year-old local resident who had expressed suicidal thoughts, Chinese authorities said Thursday, amid intense speculation about the pilot's identity and motivation.
The crash took place on Friday evening when a small plane appeared to evade some of the world's strictest aviation controls and slam into the 109-story CITIC Tower that dominates the capital's skyline, killing the pilot and injuring 13 other people.
The incident was strictly censored in China and it took nearly a day for authorities to acknowledge the crash.
On Thursday, authorities released new details about who was flying the plane.
The pilot, who was only identified by his surname Liu, took off from a general aviation airport in northeastern Beijing on Friday afternoon, initially flying with a companion in the two-seater Sunward SA60L Aurora, a domestically manufactured aircraft, according to a statement from the city's Chaoyang District government.
The crash took place on Friday evening when a small plane appeared to evade some of the world's strictest aviation controls and slam into the 109-story CITIC Tower that dominates the capital's skyline, killing the pilot and injuring 13 other people.
The incident was strictly censored in China and it took nearly a day for authorities to acknowledge the crash.
On Thursday, authorities released new details about who was flying the plane.
The pilot, who was only identified by his surname Liu, took off from a general aviation airport in northeastern Beijing on Friday afternoon, initially flying with a companion in the two-seater Sunward SA60L Aurora, a domestically manufactured aircraft, according to a statement from the city's Chaoyang District government.
28 days ago
JAKARTA, Indonesia (AP) — A Papua separatist group said Thursday it shot dead an American pilot who allegedly transported Indonesian troops into the restive province.
A spokesman for the West Papua Liberation Army, or TPNPB, said its fighters fatally shot Nicholas F. Goselin and set fire to an aircraft operated by PT AMA, an Indonesian airline, in Balinggama village.
The plane was carrying one pilot and seven passengers, Indonesia's Directorate General of Civil Aviation said. After the pilot reported that the aircraft had landed, communications with personnel at the airstrip were subsequently lost, the ministry said in a statement.
A spokesman for the West Papua Liberation Army, or TPNPB, said its fighters fatally shot Nicholas F. Goselin and set fire to an aircraft operated by PT AMA, an Indonesian airline, in Balinggama village.
The plane was carrying one pilot and seven passengers, Indonesia's Directorate General of Civil Aviation said. After the pilot reported that the aircraft had landed, communications with personnel at the airstrip were subsequently lost, the ministry said in a statement.
1 month ago
On Monday, Archer Aviation (NYSE: ACHR) stock fell to a new 52-week low. It has declined by nearly 40% since the start of the year, and it's now down close to 70% from its high of $14.62. It was a hot buy a few years ago, but the excitement around the electric vertical take-off and landing (eVTOL) stock has cooled off significantly.
However, for long-term investors, could this prove to be a blessing in disguise? Could now be an opportune time to buy low on Archer and just hang on for the long haul?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Air taxis have the potential to revolutionize the way people commute and travel on a day-to-day basis. That's the hope, anyway. And ****** ysts at Grand View Research believe that by the end of the decade, the global eVTOL aircraft market could be worth around $28.6 billion. That would be an astounding rate of increase from the merely $2.1 billion they expect it to be worth this year.
The industry remains in its early growth stages, and Archer is one of the companies that hopes to be among the first to have an approved eVTOL aircraft in the skies. It's also the official air taxi provider for the upcoming Olympics in Los Angeles in 2028, in what could be Archer's big coming-out party.
However, for long-term investors, could this prove to be a blessing in disguise? Could now be an opportune time to buy low on Archer and just hang on for the long haul?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Air taxis have the potential to revolutionize the way people commute and travel on a day-to-day basis. That's the hope, anyway. And ****** ysts at Grand View Research believe that by the end of the decade, the global eVTOL aircraft market could be worth around $28.6 billion. That would be an astounding rate of increase from the merely $2.1 billion they expect it to be worth this year.
The industry remains in its early growth stages, and Archer is one of the companies that hopes to be among the first to have an approved eVTOL aircraft in the skies. It's also the official air taxi provider for the upcoming Olympics in Los Angeles in 2028, in what could be Archer's big coming-out party.
1 month ago
Rocket Lab (NASDAQ: RKLB) is buying Iridium Communications (NASDAQ: IRDM) for $8 billion, as the two ******* e companies just announced -- and it's getting investors in other ******* e stocks pretty excited this morning.
Viasat (NASDAQ: VSAT) stock, for example, isn't involved in the RKLB-IRDM deal at all, but as of 10:50 a.m. ET it's already up 17.1% -- even more than Rocket Lab's 9.2% ******* p, and nearly as much as Iridium's 20.7% gain!
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Rocket Lab will pay $8 billion in cash and stock to acquire the original satellite phone company, Iridium, and expand its business beyond mainly ******* e launch and satellite construction to include Internet of Things (IoT), aviation, maritime, and Position, Navigation, and Timing (PNT) services.
Viasat isn't involved in the merger -- except that it kind of is.
Viasat (NASDAQ: VSAT) stock, for example, isn't involved in the RKLB-IRDM deal at all, but as of 10:50 a.m. ET it's already up 17.1% -- even more than Rocket Lab's 9.2% ******* p, and nearly as much as Iridium's 20.7% gain!
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Rocket Lab will pay $8 billion in cash and stock to acquire the original satellite phone company, Iridium, and expand its business beyond mainly ******* e launch and satellite construction to include Internet of Things (IoT), aviation, maritime, and Position, Navigation, and Timing (PNT) services.
Viasat isn't involved in the merger -- except that it kind of is.
1 month ago
Reports based on recent flight records say Taylor Swift's private jet may have produced more carbon in about three months than the entire 2024 legs of the Eras Tour did.
Figures reported by International Business Times UK from aviation tracking service JetSpy say Swift's Dassault Falcon 7X returned to service in early March and has since flown 81 times, spending 169 hours airborne.
The aircraft reportedly burned about 60,560 gallons of fuel and generated roughly 639 tons of carbon pollution. That likely exceeds the roughly 557 tons **** ociated with the entire 2024 stretch of the Eras Tour, as calculated by the IB Times.
The plane's activity rose sharply over the spring, going from four flights in March to 19 in April. It also had an average of one flight per day in May. Some of those flights reportedly allowed Swift to appear in Los Angeles and New York within a day of each other.
Critics say the issue goes well beyond one celebrity because private aviation is among the dirtiest forms of travel.
Figures reported by International Business Times UK from aviation tracking service JetSpy say Swift's Dassault Falcon 7X returned to service in early March and has since flown 81 times, spending 169 hours airborne.
The aircraft reportedly burned about 60,560 gallons of fuel and generated roughly 639 tons of carbon pollution. That likely exceeds the roughly 557 tons **** ociated with the entire 2024 stretch of the Eras Tour, as calculated by the IB Times.
The plane's activity rose sharply over the spring, going from four flights in March to 19 in April. It also had an average of one flight per day in May. Some of those flights reportedly allowed Swift to appear in Los Angeles and New York within a day of each other.
Critics say the issue goes well beyond one celebrity because private aviation is among the dirtiest forms of travel.
1 month ago
By Jasper Ward and Allison Lampert
WASHINGTON, June 29 (Reuters) - The Federal Aviation Administration said it has launched an investigation after a JetBlue flight reported hitting a drone while approaching New York's John F. Kennedy International Airport on Monday.
The pilot of the Airbus A321, which had departed from Las Vegas, reported the strike at approximately 3,000 feet altitude while on final approach, the FAA said.
The incident happened around 7:15 a.m. EDT, according to the agency.
"The flight landed without incident, customers deplaned normally, and the plane was removed from service for a post-flight inspection, which found no damage or evidence of a collision," the airline said.
WASHINGTON, June 29 (Reuters) - The Federal Aviation Administration said it has launched an investigation after a JetBlue flight reported hitting a drone while approaching New York's John F. Kennedy International Airport on Monday.
The pilot of the Airbus A321, which had departed from Las Vegas, reported the strike at approximately 3,000 feet altitude while on final approach, the FAA said.
The incident happened around 7:15 a.m. EDT, according to the agency.
"The flight landed without incident, customers deplaned normally, and the plane was removed from service for a post-flight inspection, which found no damage or evidence of a collision," the airline said.
