Group 1: Joby Aviation - Joby Aviation is experiencing a pullback but is preparing for an unveiling at the Dubai Air Show, generating excitement within the company [1] Group 2: Marathon Petroleum - Marathon Petroleum is showing strong financial performance with record free cash flow, increasing dividends, and record share buybacks [2] Group 3: Exxon Mobil - Exxon Mobil has performed well despite a 20% decline in crude oil prices year-to-date, indicating strong momentum in the stock [2] Group 4: Meta - Meta is described as a "permanent compound," suggesting a strong and stable investment outlook [3]

We recently published 10 Buzzing News to Watch as Investors Look for Best AI Stocks Amid Fed Rate Cuts. Joby Aviation Inc (NYSE:JOBY) is one of the best AI stocks amid Fed rate cuts. Josh Brown, CEO of Ritholtz Wealth Management, in a recent program on CNBC commented on JOBY’s stock decline after the electric air-taxi maker priced a $514 million discounted share sale. Brown explained why he remains bullish on the stock and believes the capital raise was “great news.” “The stock is actually higher than wh ...

Shares of Joby sinking after the company said it's offering shares with an aggregate price of $500 million. Our chart of the day, Josh Brown owns it. He joins us now on the phone.I mean, this is a key stock and a key theme. I think you call it the low altitude economy, right. Yeah.So, I'm an investor in Joby and Archer. Uh Job's le down less than 8% on the day, which is fairly tame. The stock is actually higher than where they placed this offering at $16.85%.So, this reminds me of Tesla. The Bears used to s ...

Core Viewpoint - Joby is raising $500 million through a share offering, which has led to a temporary decline in its stock price, but the overall sentiment remains bullish due to strong demand in the low altitude economy [1][3]. Company Overview - Joby is positioned in the low altitude economy, similar to the model of Uber, aiming to provide air taxi services along with military and emergency applications [5]. - The capital raised will be utilized for building vertaports and continuing the development of the S4 electric vertical takeoff and landing (eVTOL) aircraft [4]. Market Context - The stock offering was priced at a 9% discount to the previous closing price, indicating strong market interest as the shares were quickly purchased [3]. - The upcoming IPO of Beta, a well-capitalized competitor in the eVTOL space, prompted Joby to raise funds proactively [7]. Investment Sentiment - The ability to conduct a secondary offering is viewed positively, as it reflects investor confidence and the potential for future growth despite the current volatility [2][9]. - Long-term shareholders are encouraged by the capital raise, as it supports the necessary funding for full commercialization of the business [8].