EVEX
NYSE · Aerospace & Defense
Eve Holding Inc
$2.64
+0.01 (+0.38%)
EVEX News30 articles
Joby Aviation Shares Slide on Cash Burn and FAA Certification Hurdles
Joby Aviation shares dropped 3.5% to $9.22 as market concerns over FAA certification progress and cash burn rates persist, despite a first-quarter revenue rise.
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.
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 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 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 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.
AEVEX Soars on Q1 Profit, Revenue Surge and Air Force Deal
AEVEX shares jumped 10% after hours after reporting a Q1 profit of $21M, revenue of $216.7M, and new Air Force contracts worth $15.6M, prompting a raised full-year outlook.
Qualcomm Stock Surges $16 Billion on Upbeat Data Center Revenue Forecast
Qualcomm shares jumped 7.6% to $212.34, adding $16 billion in market value after raising its fiscal 2029 data center revenue target to over $15 billion. The stock later gave back much of its early gains.
BlackBerry Stock Surges on QNX Revenue Boost and Upgraded Guidance
BlackBerry shares surged nearly 20% after Q1 revenue jumped 26% and the company raised its full-year guidance. QNX development-license revenue hit an eight-quarter high, signaling future royalty growth.
Micron's Record Revenue Propels Nasdaq Futures Higher Ahead of PCE Data
Nasdaq 100 futures rise 2.15% driven by Micron's strong earnings and AI chip demand. Markets eye PCE data and Q1 GDP for further direction.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
Hormuz Oil Flows Near Pre-War Level, Airlines Surge on Lower Fuel Costs
Brent crude futures entered prompt oversupply as Gulf oil flows through Hormuz approach pre-war levels, boosting airline stocks up to 7% while tanker rates spike.
Oracle shares tumble as AI spending dwarfs cloud revenue
Oracle shares dropped 4.62% as fiscal 2026 capital expenditures of $55.7B more than tripled cloud-infrastructure revenue, while free cash flow turned negative and restructuring costs surged.
Qualcomm Targets $15B Data Center Revenue, Shares Surge 12%
Qualcomm shares surged over 12% after hours after setting a $15 billion fiscal 2029 data center revenue target, with Microsoft and Meta adopting its new AI chips.
Palantir Hits New 52-Week Low Despite AI Deal and Strong Revenue Growth
Palantir (PLTR) shares dropped to a 52-week low of $112.94, even after announcing an AI marketing deal with Zeta Global and reporting strong U.S. revenue growth.
Boxlight Shares Surge Post Reverse Split, Shareholder Vote Looms
Boxlight shares surged 66% to $5.91 after a reverse split, with a July 7 vote on raising authorized shares, but the company flagged substantial doubt about its viability.
Cerebras Shares Hover Near IPO Level After Margin Guidance Disappoints
Cerebras shares fell 14.8% premarket after guiding full-year core gross margin to 38-41%, far below Q1's 47%, as cloud revenue growth pressured profitability, leaving stock just 4.5% above IPO price.
IREN Shares Slide Amid Analyst Divide on AI Cloud Revenue Prospects
IREN shares dropped 3.78% to $54.72 as tech stocks fell on AI spending worries. Analysts remain split on the stock's outlook, with targets from $36 to $100.
Aurora Innovation Shares Fall Amid Cash Burn Concerns and Pilot Revenue
Aurora Innovation shares slid 2.1% to $6.42, landing between Uber's block sale price and a director's purchase level, as the autonomous truck developer reports $1 million in Q1 revenue and expects further capital raises.
Cerebras Q1 Revenue Surges 94% but Margin Guidance Disappoints
Cerebras Systems posted strong Q1 revenue growth of 94% to $193.4M, but Q2 margin guidance of 36-38% pressured profitability outlook. Shares edged up 1.1%.
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.
Focus Universal Surges After Reverse Split, but Fundamentals Questioned
Focus Universal (FCUV) surged post-reverse split, but weak Q1 revenue and going concern doubts persist.
Carnival Drops 5.5% on Weak Guidance Despite Record Revenue
Carnival shares fell 5.5% to $28.54 after a weaker-than-expected Q3 profit forecast of $1.35 per share, overshadowing record quarterly results. Investors reacted to higher fuel costs and geopolitical pressures impacting Mediterranean bookings.
Atlantic International Shares Skyrocket on Dutch Deal, Filing Reveals Deepening Losses
Atlantic International stock soared 155% after its Circle8 unit won a $52M Dutch government contract, but the company's latest filing reveals widening losses, heavy debt, and substantial doubt about its ability to continue.
Oriental Rise Shares Surge After Reverse Split, Nasdaq Compliance Still in Doubt
Oriental Rise shares spiked on a reverse split, but the move doesn't address underlying business challenges or Nasdaq compliance issues.
OpenAI's $100B Ad Revenue Goal Fuels IPO Ambitions Amid Cost Challenges
OpenAI expects $2.5B in ad revenue this year, projecting $100B by 2030, as it rolls out ChatGPT ads in emerging markets to strengthen its case for a $1T IPO.
XRP Struggles at $1.16 as Leveraged Bets Hit Record Levels
XRP trades near $1.16 with open interest hitting $2.7B, nearly double spot turnover, as ETF inflows offer support but rising leverage and Friday's futures expiry heighten risk of sharp price swings.
PEPE Whale Dominance Puts Focus on $0.00000284 Support Level
A whale holds 188.14 trillion PEPE, worth $534 million, about 45% of circulating supply. Price is stuck near $0.00000284, with key resistance at $0.00000296.
Everyman Cinema Plans London Stock Exchange Delisting Amid Turnaround Strategy
Everyman Media Group plans to exit the London Stock Exchange's AIM following a board recommendation, aiming for a private takeover led by Blue Coast Capital to drive a strategic turnaround.
T1 Energy Closes Above Key $9 Level as Financing Deadline Looms
T1 Energy (NYSE: TE) closed at $9.35, up 3.43%, driven by Bernstein's Market Perform initiation, an Intertek CEA 'A' grade, and shareholder approval to double shares. The market now eyes the $225 million G2_Austin financing need.