ARCHER AVIATION

Ark Invest disclosed trades showing it sold shares of Palantir and AMD and purchased about $3.35 million of Archer Aviation for its Ark Innovation ETF, making Archer the fund's 30th-largest holding at roughly 1.2% weight. The move reflects Ark's increased confidence in Archer amid its deal to acquire Boeing subsidiaries and Boeing taking a 16.5% stake, while Archer's stock is down significantly year to date. Ark's sales of Palantir and AMD appear to be profit-taking rather than a loss of conviction in those companies. » Mere på finance.yahoo.com

America’s Consortium for Electric Skyways (ACES), founded by Archer Aviation, BETA Technologies and Macquarie, will work with the Texas Department of Transportation to identify sites for charging facilities at airports and in metropolitan areas to support the eVTOL Integration Pilot Program. ACES aims to electrify up to 250 locations within ten years and favors a shared, interoperable charger model over proprietary systems. The buildout is intended to support Archer’s plans for eIPP operations in Texas, test flights between US cities and deployments at the LA28 Games. » Mere på de.investing.com

Cathie Wood, CEO of Ark Invest, bought shares of Archer Aviation, Robinhood Markets and Cerebras, increasing existing positions across her funds. The purchases follow recent share pullbacks—Archer, Robinhood and Cerebras trade notably below recent highs—and reflect Ark's interest in eVTOL, retail trading and novel AI chip infrastructure. Ark highlighted Archer's partnerships and growth runway, Robinhood's revenue rebound and product expansion, and Cerebras's unique large‑silicon AI architecture despite volatile post‑IPO performance. » Mere på finance.yahoo.com