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Shares of Archer Aviation Inc (NYSE:ACHR) are up 18.6% at $6.63 this morning, after the company announced it will acquire three Boeing (BA) subsidiaries, giving Boeing a 19.75% stake in Archer. The de ... Shares of Archer Aviation Inc (NYSE:ACHR) are up 18.6% at $6.63 this morning, after the company announced it will acquire three Boeing (BA) subsidiaries, giving Boeing a 19.75% stake in Archer. The deal expands Archer's capabilities in electric vertical takeoff and landing (eVTOL) aircraft, autonomo ... Keep Reading
Taiwan Semiconductor stock, TSMC stock, Chip stocks
Taiwan Semiconductor Manufacturing (NYSE:TSM) shares are struggling for direction today, trading flat near $420.10, after the company's July revenue came in at $14.5 billion, reflecting a 45% year-ove ... Taiwan Semiconductor Manufacturing (NYSE:TSM) shares are struggling for direction today, trading flat near $420.10, after the company's July revenue came in at $14.5 billion, reflecting a 45% year-over-year growth. The primary Nvidia (NVDA) supplier also raised its yearly outlook more than 40%, whil ... Keep Reading
Schaeffer’s Opening View Daily Newsletter
Fresh off their best week since April, stock futures are struggling this morning. Futures on the Dow Industrial Average (DJI) and Nasdaq-100 (NDX) are modestly lower, while S&P 500 Index (SPX) fu ... Fresh off their best week since April, stock futures are struggling this morning. Futures on the Dow Industrial Average (DJI) and Nasdaq-100 (NDX) are modestly lower, while S&P 500 Index (SPX) futures are flat, as tech stocks try to build on their strong start to August. Investors are also unpa ... Keep Reading
Schaeffer’s Monday Morning Outlook Weekly Newsletter
“…the SPX remains in a range… The index has now been in a range between 7,300 and 7,530 for 49 of the past 53 trading days, with the upper and lower boundary of the range nearly co ... “…the SPX remains in a range… The index has now been in a range between 7,300 and 7,530 for 49 of the past 53 trading days, with the upper and lower boundary of the range nearly covered in the last three trading days of last week. In other words, there is plenty of daily movement ... Keep Reading