Joby Aviation

Venture capitalist Joe Lonsdale is sounding the alarm on Chinese competition in the flying car sector while showcasing American innovation through Joby Aviation Inc. (NYSE:JOBY), as regulatory delays threaten U.S. market leadership in the emerging electric vertical take-off and landing (eVTOL)...

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. Nvidia Corporation (NASDAQ:NVDA) closed the day with a 4.89% gain at $147.01, after...

On Wednesday, the Cathie Wood-led Ark Invest made substantial trades in Rocket Lab USA Inc (NASDAQ:RKLB), Amazon.com Inc (NASDAQ:AMZN), and Archer Aviation (NYSE:ACHR). The Rocket Lab USA Inc Trade Ark Invest sold 479,628 shares in Rocket Lab USA. The trades were made through ARK Autonomous...

The U.S. indices closed Wednesday in positive territory, with the Dow Jones Industrial Average increasing by 0.09% to 42,196.52, while the S&P 500 inched up 0.01% to reach 5,709.54. The Nasdaq also rose, up 0.08% to 17,925.12. These are the top stocks that gained the attention of retail traders...

Major U.S. indices closed Thursday on a mixed note: the Dow Jones Industrial Average rose nearly 1% to 39,753.75, while the S&P 500 fell by 0.9% to 5,584.54, and the Nasdaq dropped 1.95% to 18,283.41. In June, the U.S. Consumer Price Index slowed to 3% year-over-year, below economists’...

The months of June and July were among the busiest for SPAC merger votes so far in 2021. August is now filling up with several deal votes happening each week. Many of the July merger votes acted as catalysts with shares seeing sharp increases or decreases on their last few days trading under...

Embraer SA (NYSE: ERJ) sees a revenue market of $200 billion for its eVTOL (electric vertical takeoff and landing) unit Eve, with 3 billion passengers and 50,000 aircrafts by 2035, according to BofA Securities. The Embraer Analyst: Ronald Epstein upgrades the rating for Embraer from Neutral to Buy...

Urban air mobility company Joby Aviation is the latest company in the growing industry going public via a SPAC.  The SPAC Deal: Joby Aviation is going public with Reinvent Technology Partners (NYSE: RTP), a SPAC led by Reid Hoffman and Mark Pincus. The deal values the company at a post money...

Two legendary investors are launching a third SPAC to find a high growth private company that can benefit from their experience. What Happened: Mark Pincus and Reid Hoffman filed to launch Reinvent Technology Partners Y (NASDAQ:RTPY) on Friday. Units will trade as RTPYU and include one common share...

Uber Technologies Inc (NYSE: UBER) is selling its air taxi unit Uber Elevate to Joby Aviation, the two companies confirmed in a statement Tuesday. What Happened: Joby Aviation said that the ride-hailing company will make an additional $75 million investment, as part of the merger deal....

Uber Technologies Inc (NYSE: UBER) is nearing a sale of its air taxi business segment, according to Axios. The discussions with California-based aerospace startup Joby Aviation have progressed to advanced levels and, if successful, could be officially announced sometime this month. ...