Don’t just invest—dominate with Tech Contrarians' realized return on closed positions of 65.8% since inception. You’ll get exclusive insights into high-focus stocks, curated watchlists, one-on-one portfolio consultations, and everything from live portfolio tracking to earnings updates on 50+ companies. Subscribe today for 20% off.Joby Aviation, Inc. (NYSE: JOBY ) is not a mainstream name, and that’s because it's working in what is today still a niche market: developing EV takeoff and landing aircraft (eVTOL ...

Core Viewpoint - Joby Aviation has signed a Memorandum of Understanding (MoU) with Abdul Latif Jameel (ALJ) to establish a significant electric aircraft presence in Saudi Arabia, indicating strong market entry potential and investor enthusiasm [2][10]. Group 1: Partnership Details - The MoU outlines plans for Joby to deliver up to 200 eVTOL aircraft to Saudi Arabia, with an estimated deal value of approximately $1 billion [2]. - ALJ, a well-established Saudi conglomerate, has a strong operational presence and has been a key partner for Joby, having invested in its Series C funding round [2][7]. - The agreement includes establishing a distribution network, launching local air taxi services, developing maintenance services, and creating pilot training initiatives [2][10]. Group 2: Market Reaction - Joby shares surged over 14% in premarket trading following the MoU announcement but experienced a reversal during regular trading, attributed to profit-taking and short selling [1][6]. - The stock price forecast indicates a potential upside of 8.01%, with an average target of $8.67 based on analyst ratings [5]. Group 3: Recent Achievements - The MoU follows a series of positive developments for Joby, including a $250 million investment from Toyota and significant progress in FAA certification [9][4]. - Joby has achieved crucial flight testing milestones, demonstrating operational maturity and enhancing investor confidence [9][4]. Group 4: Strategic Implications - The partnership with ALJ aligns with Joby's strategy of leveraging local expertise for international expansion, facilitating quicker market entry and revenue generation [2][7]. - This collaboration supports Saudi Arabia's Vision 2030 goals for economic diversification and new mobility solutions, positioning Joby as a key player in the region [2][3].

Archer Aviation TodayACHRArcher Aviation$9.73 0.00 (0.00%) 52-Week Range$2.82▼$13.92Price Target$12.50Add to WatchlistArcher Aviation NYSE: ACHR has hit an important new stage in getting its Midnight electric air taxi ready for passengers. The company announced in early June that its innovative aircraft had started piloted flight tests. This is a big step forward, moving the Midnight from flying on its own (autonomously) to now having a human pilot in the cockpit. These first piloted flights successfully s ...

The industrials sector has emerged as one of the top-performing sectors year-to-date (YTD). The Industrial Select Sector SPDR Fund NYSEARCA: XLI, a broad exchange-traded fund (ETF) that serves as a benchmark for the sector, has returned close to 9% since the start of 2025, far outpacing the growth of the S&P 500 over the same period.  The Trump administration has suggested a rosy outlook for many companies in the industrials space, thanks to stated goals of boosting domestic manufacturing by U.S. firms.Get ...

DASSAULT AVIATION French corporation (société anonyme) with a share capital of 62,717,627.20 euros Headquarters: 9, Rond-Point des Champs-Élysées - Marcel Dassault 75008 PARIS 712 042 456 RCS Paris Information concerning the total number of voting rights and shares as per article L. 233-8 II of the French Commercial Code (Code de commerce) and article 223-16 of the General Regulations (Règlement Général) of the French Market Authority (Autorité des Marchés Financiers) DateTotal number of shares Total number ...

Core Points - Wheels Up Experience Inc. has regained compliance with NYSE listing standards for minimum share price, reflecting a positive market-driven stock appreciation [1][2] - The company's current market capitalization is approximately $1 billion, indicating its scale and strength [2] - Wheels Up is focused on achieving sustainable profitability and maintaining a strong balance sheet while delivering high-quality experiences for customers [2] Company Overview - Wheels Up is a leading provider of on-demand private aviation in the U.S., featuring a diverse fleet and a global network of safety-vetted charter operators [3] - The company offers charter and membership programs, along with commercial travel benefits through a partnership with Delta Air Lines [3] - Additional services include freight, safety, security, and managed services for various clients, including individuals and government organizations [3]

CHANTILLY, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that the company was one of seven lead consultants selected by the City of Austin to provide program management services in support of the Rolling Capital Improvement Program and the once-in-a-generation Journey With AUS, the expansion and development program for the Austin-Bergstrom International Airport (AUS). Under the contract, consultants will provide comprehensive program management support services to su ...

Core Insights - Falcon Luxe, a division of Alex Group Investment, has launched a time-based private jet charter service that allows clients to purchase a set number of flight hours in advance, providing priority access to the Falcon fleet [2] - This service is designed to simplify the booking process for clients, eliminating the need for repeated inquiries about availability and pricing for each flight [2] - The time-based charter model is increasingly popular among individuals and organizations seeking practical and reliable flying options, particularly for businesses that require frequent travel [2] Company Overview - Falcon Luxe aims to adapt its services to meet the evolving expectations of travelers, offering flexible private jet travel solutions that streamline the flying experience [2] - Sultan Rashit Abdulla Rashit Al Shene, the founder and chairman of Alex Group Investment, emphasizes the demand for a simplified flying experience, highlighting the benefits of the time-based charter service [2] Industry Context - The introduction of time-based private jet charters reflects a growing trend in the aviation industry towards more transparent cost structures and guaranteed aircraft availability for frequent travelers [2]

Company Overview - Archer Aviation has developed an electric vertical takeoff and landing (eVTOL) aircraft named Midnight, designed for short-distance travel as an air taxi [2] - The company aims to produce up to 10 Midnight eVTOLs in 2025, primarily for the FAA approval process [4] Regulatory Environment - The airline industry is highly regulated, and obtaining FAA clearance for new aircraft is a lengthy multistep process [4] - As of the end of Q1 2025, Archer Aviation was only 15% through the FAA approval process, indicating significant work remains before Midnight can fly in the U.S. [5] International Operations - A key focus for Archer Aviation in 2025 is to launch its first commercial air taxi service in Abu Dhabi, which will serve as a critical test for its business model [6] - Successful operations in Abu Dhabi could provide a blueprint for domestic air taxi services in the U.S. and increase consumer confidence in the new aircraft [9] Market Potential - The stock price of Archer Aviation could rise significantly if the air taxi service in Abu Dhabi is successfully launched, potentially surpassing its 52-week high of $13.30 per share [7][11] - The company has already established a foundation for operating air taxis in the U.S., having received FAA approval to operate as an airline and to train pilots [8]

I have covered Embraer ( ERJ ) for 25 years and highly respect the company's engineering skills and market vision. As I wrote in several articles ( Getting More Attractive & Filling The Boeing Gap?) , I assigned a $2Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my experience to ...