flying taxis

Flying taxis could soon be a reality in the U.S. after the Federal Aviation Administration (FAA) issued a final rule on Tuesday that establishes a new category of aircraft called “powered lift.”  The Details: The FAA's powered lift category applies to electric vertical takeoff and...

On Monday, Cathie Wood-led Ark Invest made a significant move by continuing its buying spree of Archer Aviation Inc (NASDAQ:ACHR) shares. The investment firm purchased shares worth nearly $3.9 million, emphasizing its bullish stance on the flying car company. The Archer Aviation Trade: In total,...

On Tuesday, Cathie Wood-led Ark Invest continued to purchase shares of Archer Aviation Inc (NASDAQ:ACHR), a flying taxi company. This move comes a day after Ark Invest’s significant purchase of Archer shares. The Archer Aviation Trade: Ark Invest acquired a substantial number of shares of...

On Tuesday, August 15, 2023, Cathie Wood-led Ark Invest made a significant move by trimming its Tesla Inc (NASDAQ:TSLA) holdings by nearly $440,000. This decision comes despite recent bullish projections and growth drivers identified for the Elon Musk-led company. The Tesla Trade: Ark Invest’...

Passenger drones have been an American dream for years now, and Embraer SA (ADR) (NYSE: ERJ) and Uber said the reality is imminent. The partners, who announced in May their pursuits to market electric vertical take-off and landing, or eVTOL, systems by 2024, said this week that the first...