Group 1: Archer Aviation - Archer Aviation's stock has increased by 192% over the past year, reaching a market value of approximately $5.9 billion [4][6] - The company is developing an electric air taxi called Midnight, which aims to transform short-distance travel in urban areas and is set to be the official air taxi provider for the 2028 Olympic Games in Los Angeles [5][6] - Archer has incurred a cash burn of $376.7 million in the last 12 months and will need to secure additional funding to support its growth, as it currently does not generate revenue [6][7] Group 2: Quantum Computing - Quantum Computing's shares have surged by 2,950% in the past year, driven by the increasing demand for advanced computing power, particularly in the AI sector [9] - The company currently generates revenue mainly from professional services, but aims to transition into a major tech player with its photon technology-based quantum computers [10] - Quantum has burned through $16.8 million in cash over the last year, with a cash balance of $166.4 million as of March, providing a runway for continued operations [11][12] Group 3: Robinhood Markets - Robinhood Markets has reported strong financial performance, with revenue just under $3 billion and net income of $1.4 billion last year [13] - The stock price has increased by approximately 120% since the beginning of the year, trading around $82, as retail investor interest has surged [14][15] - With a market capitalization nearing $70 billion, the stock trades at 44 times its trailing earnings, indicating high expectations for future growth [15]
3 Growth Stocks You Can Buy for Less Than $100 Right Now