Business Development & Market Expansion - Joby delivered its first aircraft to the UAE and successfully tested its air taxi in Dubai, marking a key step towards commercialization [1] - The UAE is seen as a forward-leaning market embracing new technologies, particularly air taxis, to address population growth and traffic challenges [4] - Potential to connect Abu Dhabi to Dubai in 20 minutes, significantly reducing travel time [5] - Joby is partnering with the RTA in Dubai, GCA, DANS, and the DCA in the UAE for in-market testing [3] Regulatory & Certification Progress - A five-way agreement between Australia, New Zealand, the US, Canada, and the UK aims to accelerate the deployment of next-generation aircraft [6] - An executive order supports a similar model to the UAE, potentially accelerating early adoption in the US [7] - The FAA is making record progress on stage four of Joby's certification basis [8] Cost & Operational Efficiency - Electric air taxis have dramatically more compelling operating economics compared to helicopters, with lower maintenance and energy costs [10] - Recharging batteries is significantly less expensive than refueling traditional combustion aircraft [11]

Welcome back. The US lifting chip software curves on China. Our Christina parts has the details with cadence design Christina popping almost to the top of the S&P.Yeah. Yeah. One of the the big movers today and that's because the Trump administration is showing an abrupt reversal of a sixe chip design software export restriction uh to China and it really like you mentioned sent shares of Cadence and Synopsis both up.Cadence up five% Synopsis almost 5%. In exchange, chi China will likely smooth the permit pr ...

Stocks coming off what was the worst quarter in over four years. Pippa Stevens is here. She's got the setup for us in the second half of this year.Pippa, hey David. So despite President Trump's call to unleash American energy, nearly half of energy executives now expect to drill fewer wells than at the start of the year according to the Dallas Fed energy survey. And more than a quarter said their cost of drilling has risen as much as 6% thanks to tariffs.And if oil were to drop to 50, which Trump has called ...

what it all means for the markets now with the UBS CIO, global wealth management CI Mark Heley. Mark, great to see you. Thanks so much for for joining us.I mean, if we only get the first rate cut in September and only get one or two this year, is that bearish for stocks or or not. Uh, we don't think it's bearish for stocks. I think there's been a lot of great news that uh has has come out from you know a uh resolution on let's say the near-term price of oil the one big beautiful bill.So you know we think th ...

Please lately we're getting some headlines here from the Atlanta Fed President Raphael Bostic. Steve Leeman has those for us. Morning Steve. Good morning Shar.Yeah, Raphael Bostic saying a time of uncertainty is quote no time for significant shifts in monetary policy. He's the first uh Fed person to talk after the jobs report this morning. He says he still fully supports the wait and see approach to policy.Uncertainty, he says, persists in every area that central bankers care about uh the US economy. And th ...

jump there. Now, we've got more news on Astroenica. We were talking about this a few days ago.Angelica Peeles has the details for us. Hi, Angelica. Hey there.That's right. So, Bloomberg is reporting that Astroenica is in talks with Summit Therapeutics to license the company's experimental lung cancer drug for up to $15 billion. Now, Bloomberg is attributing this to people familiar with the matter.Now, this has been an incredibly hot area of development. Summit has really um shephered this whole field. this ...

Goldman Sachs global chief economist Yan Hatius joins us with his first take on the report looks good from the headlines but as I highlighted earlier beneath the surface you know where the job growth was concentrated why the unemployment rate came down wasn't all that great what do you think true it overstates the strength of the report if you just look at the headline numbers I think on the establishment survey the private sector was pretty soft and the big headline number was really driven by increas piec ...

Tech is boosting the S&P 500 and the Nasdaq. We're at new records. The Nasdaq is aiming for what would be its eighth positive session of the last nine.And this morning, uh, this is as the US lifts export controls on chip design software to China. Who are the companies at play here. Uh, Gen Cadence Design, Synopsis, Seaman's also getting a lift.Joining us now to discuss more insights founder and chief analyst Patrick Morehead. Patrick, obviously we can see it's good for some of these names. Uh is it a conclu ...

Let's talk about the implications particularly on the tax side of this bill. Who's going to gain the most from it. Joining us, Robert Frank, here at Post 9 with some of those details.Robert, what what jumps out to you. Who's going to be the big beneficiaries. Well, the big beneficiaries, the ones who usually benefit, those those toward the top.In fact, about 80% of the benefits of this bill go to the top 10% of earners. Now, while the tax cuts by themselves help every income group, I want to be clear here, ...

President Trump's massive tax and spending cuts bill is set up for a final passage vote. That said, House Minority Leader Hakee Jeff has been holding up the vote by speaking against the bill for about five hours now. Let's go to Emily Wilkins on Capitol Hill for the latest.So much drama, Emily. So much Sarah. I mean it, hey, it's a big drill bill. It's got big drama attached.Look, but the House is going to be passing this bill as soon as Jeff is done speaking. We know this because earlier this morning, we s ...