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Search resuls for: "Blade Air Mobility"


7 mentions found


☆ 4 economic reports the market cares about most next week, including a fresh look at inflation
  + stars: | 2024-03-09 | by ( Zev Fima | ) www.cnbc.com   time to read: +8 min
Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.
Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States
☆ JPMorgan downgrades this electric aircraft maker, calls stock outperformance 'largely overblown'
  + stars: | 2023-07-19 | by ( Samantha Subin | ) www.cnbc.com   time to read: +1 min
JPMorgan is turning more cautious on shares of Joby Aviation in the wake of its recent stock outperformance. Analyst Bill Peterson downgraded the electric aircraft stock to underweight from neutral. For the year, Joby shares are up 200%. Along with the downgrade, Peterson lifted his price target to $6 from $5 a share, reflecting 40% downside from Monday's close. He views Blade Air Mobility as a potentially "safer way" to currently play the advanced air mobility trend.
Persons: Bill Peterson, Peterson, — CNBC's Michael Bloom Organizations: JPMorgan, Joby Aviation, Aviation, Mobility Locations: OW
☆ Eve, Blade to expand 'flying car' partnership to Europe
  + stars: | 2023-06-19 | by ( Gabriel Araujo | Thomson Reuters | Gabriel Is A Sao Paulo | ) www.reuters.com   time to read: +2 min
SAO PAULO, June 19 (Reuters) - Electric aircraft maker Eve (EVEX.N) and Blade Air Mobility (BLDE.O) are expanding their partnership to integrate Eve's upcoming flying car into Blade's European route network, starting with France, the companies said on Monday. Eve is controlled by Brazilian planemaker Embraer (EMBR3.SA) and expects to start commercial operations of its vehicle in 2026. They did not say if the deal would involve new eVTOL purchases by Blade, whose current European operations include flying conventional helicopters between Nice and Monaco. "Extending our partnership with Eve underscores Blade's commitment to leading the transition from conventional to electric vertical aircraft," Blade Chief Executive Officer Rob Wiesenthal said. Eve CEO Andre Stein said he expected the extended partnership with Blade to allow the companies to combine expertise and resources to make travel more accessible and drive environmental improvements.
Persons: Blade, Eve, Rob Wiesenthal, Andre Stein, Azur, Gabriel Araujo, Steven Grattan, Jamie Freed Organizations: SAO PAULO, Electric, Blade Air Mobility, Brazilian, Embraer, EMBR3, Monaco, United Airlines, Royce, Heli, Thomson Locations: France, Paris, India, United States, Nice, U.S
☆ Take a closer look at the new helicopter-like electric aircraft that can transport 4 people across hundreds of miles
  + stars: | 2023-02-18 | by ( Taylor Rains | ) www.businessinsider.com   time to read: 1 min
The vehicle, which resembles a helicopter with "lift rotators" on the wings, is known as ALIA-250 and was flown from BETA's testing facility in Plattsburgh, New York, for the demo flight. ALIA stopped for a recharge in Schenectady, New York, along the way, which is about 200 miles from Westchester as the crow flies. BETA TechnologiesSource: Blade Air Mobility
☆ A.I. ETFs are rallying this year as ChatGPT hysteria heats up. What to know before jumping in
  + stars: | 2023-02-12 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
Anything with the words "artificial intelligence" is keeping Wall Street buzzing in 2023. So far this year, AI-focused funds such as the iShares Robotics & Artificial Intelligence Multisector and the ARK Autonomous Technology & Robotics , are higher by about 19% each. Take the the Global X Robotics & Artificial Intelligence fund, with about $1.6 billion in assets under management, that's up more than 16% this year. BOTZ YTD mountain Global X Robotics & Artificial Intelligence ETF's performance in 2023 C3.ai is the largest holding in the First Trust Nasdaq Artificial Intelligence and Robotics fund, according to Morningstar. But investors also get telecommunications company Ciena , optical equipment maker Topcon and defense technology company QinetiQ.
☆ RedBird Capital Takes More Than 5% Stake in Blade Air Mobility
  + stars: | 2023-01-18 | by ( Laura Cooper | ) www.wsj.com   time to read: 1 min
Blade Air Mobility provides short-distance passenger flights throughout the U.S., Canada, Europe and India. The private-equity firm RedBird Capital Partners has amassed a more than 5% stake in the air-transportation provider Blade Air Mobility Inc., according to the investment firm’s founder. RedBird, best known for its investments in media companies and pro sports teams including the Boston Red Sox and AC Milan, has built the stake since originally taking a 1% position in Blade in 2021, according to the firm’s founder and managing partner, Gerry Cardinale .
☆ India's Blade signs order for up to 200 electric aircraft from Embraer's Eve
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: 1 min
SAO PAULO, Sept 27 (Reuters) - Brazil's Eve Holding Inc (EVEX.N) said on Tuesday that Blade India has signed a purchase order for up to 200 of its electric vertical take-off and landing (eVTOLs), allowing it to expand its urban air mobility ecosystem in the Asian country. A joint venture between Hunch Ventures and Blade Air Mobility (BLDE.O), Blade India will also collaborate with Eve - which is controlled by planemaker Embraer SA (EMBR3.SA) - on a three-month pilot project connecting passengers using helicopters, the company said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Gabriel Araujo; Editing by Steven GrattanOur Standards: The Thomson Reuters Trust Principles.
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