Group 1 - Archer Aviation's shares rose by 12.5% amid a general rebound in tech stocks and following new funding announced by a key partner [1][2] - Archer's partner, Anduril, is raising up to $2.5 billion, valuing the company at $28 billion, which could lead to significant government contracts for Archer [4][5] - The partnership with Anduril is seen as a potential catalyst for Archer, as it may enable the company to secure contracts with the Department of Defense [5] Group 2 - The tech sector remains resilient despite recent turbulence from tariff announcements, with the Nasdaq Composite gaining over 1% [2] - Consumer inflation expectations vary, with a New York Federal Reserve study indicating a steady expectation of 3% inflation, while a University of Michigan survey suggests a rise to 4.3% [3]
Why Archer Aviation Stock Is Taking Flight Today