Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

SHOCKING: Archer aviation stock is soaring thursday what s piloting the action - What They Never Told You

Archer Archer Aviation Joby ACHR Archer Aviation Inc Joby Aviation Inc FAA
Archer Aviation

Shares of Archer Aviation Inc (NYSE:ACHR) are trading higher Thursday afternoon, near its 52-week high, likely lifted by a wave of positive developments for its chief rival, Joby Aviation Inc (NYSE:JOBY).

What To Know: Joby’s stock surged this week on recent news of an expanded manufacturing capacity, significant progress with Federal Aviation Administration certification and successful piloted test flights in Dubai. These milestones suggest the path to commercializing air taxis is becoming clearer and less risky, benefiting all major players.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Moderate drinking carries health risks even within UK alcohol guidelines
Alcohol is deeply embedded in British culture, from celebrations and religious ceremonies to everyday social life. Government guidelines offer a way to reduce the risks associated with drinking, but consuming alcohol within recommended limits does not mean those risks disappear.
The Conversation
The Conversation
Very good boys? The dark, dystopian rise of robot dogs
Pups that carry your shopping are one thing – but what about the mechanical canines being bought up in the US by ICE, asks Guardian columnist Arwa Mahdawi
The Guardian - UK
The Guardian - UK
Quaaludes Might Be Back. The Iron Law of Prohibition Never Left.
This counts as progress in the war on drugs?
Reason
Reason
Nicki Minaj Declares 'Trump Is STILL Your President' in Savage Swipe at Democrats With 'Stay Mad' Warning
Nicki Minaj takes a savage swipe at Democrats, praises Republican winners and tells Trump critics to 'STAY MAD' in a controversial X post.
International Business Times UK
International Business Times UK
Martha Stewart blames Today star’s chocolate spill for controversial ‘homeless’ Halloween costume
The billionaire-turned-lifestyle mogul has offered a fresh account of her widely criticised Halloween outfit, claiming a last-minute clothing mishap prompted the decision after previously insisting she wanted to raise awareness of homelessness.
BANG Premier
BANG Premier
'She Remembered Who She Is': Fans React as Jennifer Lawrence Channels Katniss for the Midterms
Jennifer Lawrence encouraged followers to vote in the US midterm elections using a Hunger Games-inspired salute and caption, prompting fans to draw their own comparisons with Donald Trump.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play