Archer Aviation Inc. (ACHR) News & EventsACHRNews & EventsArcher Aviation Inc.

AEG and Archer Aviation Collaborate on LA's First Vertiport

AEG and Archer Aviation announced a collaboration to develop downtown Los Angeles' first vertiport-a vertical takeoff and landing site for electric air taxis-at L.A. LIVE, AEG's four-million-square-foot sports and entertainment district in downtown Los Angeles. The agreement, brokered by AEG Global Partnerships, makes Archer the exclusive air taxi partner of L.A. LIVE.

Joby and Archer Aviation Stocks Down

Joby down 2%, Archer Aviation down 1% after Information report on Tesla Roadster

Stocks Open Lower as Middle East Uncertainty Grows

Stocks closed lower to start the week as traders are beginning to doubt that the U.S. and Iran will reach a lasting agreement to end the war in the near term. Balancing the negative sentiment around conflict in the Middle East are strong corporate earnings and optimism around AI spending.Iran is saying it is nearing an agreement with Oman on new shipping lanes but maintaining conditions that could delay a broader reopening. Meanwhile, Iranian Foreign Minister Abbas Araghchi said over the weekend that there was "no possibility of restarting negotiations" with the U.S. as long as Washington continues to violate the June memorandum of understanding. Oil prices were higher after the news.The market is also digesting last week's unexpectedly weak July jobs report, which showed payrolls fell by 23,000 and included substantial downward revisions to prior months. The report reduced expectations for a September Fed rate hike, but the outlook remains uncertain because inflation data due this week could complicate the picture.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Intelannounced a $15Bof common stockMetaunveiled open sourceGameStop'sRyan Cohen is considering withdrawing the company's $56B bid for eBay,Archer AviationBoeing'sWisk Aero, SkyGrid, and Insitu subsidiariesMonday.comreportedand reaffirmed its FY26 revenue guidance2. WALL STREET CALLS:JefferiesAppleto Underperform on apparent all-glass iPhone cancellationSanDiskto Buy at Argus on strong fundamentals and valuationDoximityto Underweight at Wells FargoHPEto Overweight at Morgan Stanley on server and storage spendingWall Street rolled out coverage of Csquarewith3. AROUND THE WEB:A consortium of major financial institutions is partnering with Nvidiaon a potential $500B financing effort for AI infrastructure, FT reportsAmazonis planning to invest in a large natural gas power plant to supply electricity directly to a major AI data center in Texas, underscoring how rapidly rising AI compute demand is driving tech companies to secure dedicated power generation, NY Times reportsSonyand (TSMC) plan to spend around 1 trillion yen, or $6.32B, to jointly make next generation microchips used in image sensors, Nikkei Asia saysMicrosoftplans to significantly ramp production of its next-generation in-house AI chips next year, aiming to win adoption from major cloud customers such as Anthropic despite slow uptake of the current-generation chips, The Information reportsSanofiis facing shortages of Myozyme and Nexviazyme for Pompe disease after manufacturing and quality-control issues at its Waterford facility, which was cited by the FDA in June for violations involving production of other medicines, STAT says4. MOVERS:Bowman Consultinggained after announcingby Bernhard Capital for $43 per share and reporting Q2 resultsVarex Imagingincreased after announcing Teledynewillfor $18.90 per share in cash and reporting Q3 resultsMarineMaxwas higher after announcingby Safe Harbor for $53 per share in cashPowerFleetfell afterand cutting its guidance for FY27Lincoln Educationaland Bitdeerwere lower after5. EARNINGS/GUIDANCE:Surgery Partnersand backed its guidance for FY26N-ableand provided guidance for Q3 and FY26Aaonand raised its outlook for FY26, with CEO Matt Tobolski contending the results "demonstrate the continued strength of demand for our solutions and the progress we are making scaling the company to meet that demand"Monday.comand reaffirmed its outlook for FY26Accendra Healthand cut its outlook for FY26INDEXES:The Dow fell 60.95, or 0.11%, to 53,975.98, the Nasdaq lost 85.26, or 0.32%, to 26,605.36, and the S&P 500 declined 4.53, or 0.06%, to 7,753.11.