Archer Aviation is facing financial pressure as Goldman Sachs slashes estimates, while Morgan Stanley cuts outlook. Meanwhile, Stellantis is providing financial support for Archer's labor costs.

The entities involved

• Archer Aviation →

  American electric aircraft manufacturer

  • Archer Aviation and United Airlines plan to launch air taxi services using Archer's Midnight eVTOL in Manhattan.Sun 01:29
  • Archer Aviation and Joby Aviation are vying for U.S. government defense contracts while conducting testing and operations at Edwards Air Force Base.Sat 22:25
• Stellantis →

  Franco-Italian-American multinational automotive manufacturer

  • Stellantis manages the performance portfolio, which includes the Dodge brand.Mon 00:27
  • Stellantis developed new systems for the Dodge brand, and Dodge improved its battery patent.Mon 00:27
• Goldman Sachs →

  American investment bank

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
• Morgan Stanley →

  U.S. investment bank

  • Financial firms including Morgan Stanley, Truist Financial, Jefferies Financial Group, and CIBC issued rating and price objective updates for Clearway Energy.Mon 17:33
  • Morgan Stanley, Bank of Baroda, and State Bank of India are selling shares in the NSE public offering.Mon 16:42

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• Morgan Stanley analysts hiked price targets for Salesforce.Aug 27