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ACGL News30 articles
Markets React to Geopolitical Tensions and Key Corporate Updates
Global markets navigated geopolitical tensions and corporate developments on April 3, 2026. Oil prices jumped over 10% on Middle East concerns, while Asian equities were mixed and several key exchanges were closed for Good Friday.
Archer Aviation (ACHR) Slips on Thin Revenue, Heavy Losses
Archer Aviation shares dropped 3.3% to $5.25, near a 52-week low, after Q1 revenue of $1.6 million—mainly from leases—fell short, while operating expenses surged to $256.2 million and net loss widened to $217.7 million.
Alphabet Loses $225B in Market Cap as AI Researchers Exit to Rivals
Alphabet lost $225 billion in market value after two top AI researchers left for OpenAI and Anthropic, sparking investor doubts about talent retention and AI strategy.
Lam Research and Kulicke & Soffa Rally on AI-Driven Semiconductor Demand
Lam Research (LRCX) and Kulicke & Soffa (KLIC) shares surge on strong AI chip demand and earnings optimism, while Block (SQ) shows undervaluation potential amid high P/E ratios.
Archer Aviation's Cash Burn and FAA Progress Keep Shares in Check
Archer Aviation shares hover near $5.45 as the company enters Phase 4 of FAA certification for its Midnight eVTOL, while Q1 losses and cash burn remain key concerns.
Archer Aviation Rises 9% on Broad Market Rally, FAA Progress Key
Archer Aviation shares surged 9.25% to $5.55 on Monday, driven by a broad market rally rather than company-specific news, with investors watching FAA certification and Q2 results.
Air-Taxi Stocks Surge: Archer Aviation Soars 9% on Sector Rally and FAA Certification Hopes
Archer Aviation shares surged 9.35% to $5.56 on heavy volume Monday, part of a broader air-taxi stock rally, as investors look ahead to FAA certification progress and planned U.S. operations in 2026.
Archer Aviation Dips on Insider Sale Filing and FAA Hurdles
Archer Aviation shares dropped 4.15% after officer Eric Lentell filed a Form 144, raising concerns over insider selling and dilution as the company progresses through FAA certification.
ARK Invest Acquires 3.3 Million SpaceX Shares on IPO Day, Exits Teradyne, Iridium, Archer
ARK Invest acquired nearly 3.3 million SpaceX shares on its IPO day, funding the purchase by selling stakes in Teradyne, Iridium, Twist Bioscience, and Archer Aviation.
Archer Aviation Steadies After ARK Invest Trims Stake, FAA Progress in Focus
Archer Aviation shares edge up 0.5% to $5.08 as ARK Invest sells 2.2 million shares. Focus remains on FAA certification, cash position, and Q2 loss guidance.
Archer Aviation Tumbles as ARK Invest Sells Millions of Shares
Archer Aviation shares fell 7.16% after ARK Invest sold over 2.2 million shares, adding pressure amid certification risks and cash burn.
Archer Aviation Shares Tumble as Cathie Wood's ARK Sells Stake Amid eVTOL Sector Woes
Archer Aviation shares dropped 9.1% after ARK Invest sold 2.2 million shares. FAA certification delays and high cash burn keep pressure on the eVTOL name.
Archer Aviation Rebounds as FAA Approval Path and Cash Burn Remain Key Concerns
Archer Aviation shares bounced back 4.2% to $5.77 after a 13.2% decline, with progress in FAA certification but heavy losses and cash burn keeping risks high.
Alphabet Orders 3M Intel TPUs for 2028; Piper Sandler Raises Target Amid AI Search Surge
Alphabet orders 3M+ TPUs from Intel for 2028, Piper Sandler hikes target to $445 on AI search gains, UBS flags margin risks from Cloud TPU revenue. GOOGL shares slip to $362.21.
Archer Aviation Plunges 13% as Rate Worries Weigh on Pre-Revenue Stocks
Archer Aviation fell 13.2% on Friday as a strong jobs report fueled rate hike fears, hitting pre-revenue stocks. The company faces key tests with inflation data and FAA certification.
Mexican Peso Suffers Biggest Drop Since March on Robust US Jobs Data
The Mexican peso plunged 1.1% to 17.4793 per dollar, its biggest daily drop since March, after a robust US jobs report strengthened the dollar and stoked expectations of prolonged higher US rates, reducing Mexico's yield appeal.
Archer Aviation Shares Dip as Cash Burn Concerns Resurface
Archer Aviation shares fell 2.4% premarket to $6.38 as investors balanced FAA certification progress for the Midnight eVTOL against another quarter of steep spending.
Archer Aviation Pre-Market Slips as Cash Burn Concerns Mount
Archer Aviation shares dropped 3.3% pre-market to $6.53 as investors weigh heavy quarterly losses and rising cash needs for certification, testing, and manufacturing, despite FAA milestones.
Archer Aviation Dips Below $7 Amid Cash Burn Concerns and Certification Hurdles
Archer Aviation stock trades under $7 as first-quarter results show heavy cash burn and ongoing certification challenges, with Cantor Fitzgerald maintaining an Overweight rating.
Archer Aviation Stock Sinks as Certification Hopes Yield to Cash Burn Fears
Archer Aviation trades at $6.84 as focus shifts to 2026 air-taxi tests. Q1 losses widen, cash burn persists, but FAA certification advances to Phase 4.
Archer Aviation Edges Higher as FAA Certification and Cash Burn Dominate Focus
Archer Aviation (ACHR) shares rose 0.8% to $6.87 as investors track its 2026 commercial launch targets and high cash burn. The company completed Phase 3 of FAA certification for its Midnight eVTOL and aims for first U.S. operations this year.
Archer Aviation Stock Faces Key Test After FAA Milestone
Archer Aviation shares closed at $6.81, up 7.1% for the week, after becoming the first eVTOL firm to close Phase 3 of FAA type certification. The stock now faces a key test.
Archer Aviation Gains Ground in Short Week, Eyes Certification Milestones
Archer Aviation shares closed at $6.81, up 7.1% for the shortened week, after becoming the first eVTOL firm to complete FAA Phase 3 certification. Q1 net loss widened to $217.7M.
Lam Research Nears Record High Ahead of CFO's Tech Conference Speech
Lam Research stock closed near record highs on Friday, with investors focused on AI-driven demand and CFO Doug Bettinger's upcoming speech at Bank of America's Global Technology Conference.
Archer Aviation Stock Flat in Premarket Amid Cash Concerns
Archer Aviation shares edged up to $6.80 in premarket trading Friday, nearly unchanged from Thursday's close, as the company reported a wider Q1 net loss and cash concerns persist.
Archer Aviation Edges Higher as Focus Shifts to Certification and Defense Expansion
Archer Aviation shares edged up 0.5% to $6.55 in early trading, with the market focused on FAA certification progress for its Midnight eVTOL and broader defense opportunities.
Archer Aviation Shares Dip Amid Cash Burn Concerns and FAA Progress
Archer Aviation shares slipped to $6.49 after reporting a Q1 net loss of $217.7M. The company completed Phase 3 of FAA type certification for its eVTOL aircraft, but ongoing cash burn pressures persist.
Archer Aviation Gains Premarket as eVTOL Certification Advances
Archer Aviation shares rose 2.14% to $6.65 in Wednesday's premarket, extending a 12.6% rebound since May 20. The company completed Phase 3 of FAA certification for its Midnight eVTOL aircraft.
Tech Giants Invest $125M in UCLA AI Chip Research Hub
Broadcom, Meta, and other tech leaders are funding a $125 million semiconductor center at UCLA to boost custom AI chip research, including doctoral support and internships.
Archer Aviation Shares Halted for Holiday, Focus Shifts to Tuesday's Trading
Archer Aviation (ACHR) closed Friday at $6.36, up 5.1% for the week, before slipping in after-hours trading. Markets are closed Monday for Memorial Day.