Joby Aviation Inc (NYSE:JOBY) shares gained nearly 3% to about $14 in late-morning trading on Friday after the developer of air taxis for commercial passenger service announced its participation in the White House’s new electric vertical takeoff and landing (eVTOL) Integration Pilot Program.
eVTOL, a joint effort by the Department of Transportation and the Federal Aviation Administration (FAA), is designed to accelerate the safe integration of electric air taxis into US airspace.
Super Micro Computer Inc (NASDAQ:SMCI) shares moved higher Friday after the company announced it had started large-scale shipments of Nvidia Corp (NASDAQ:NVDA, ETR:NVD)'s Blackwell Ultra AI systems, boosting investor confidence in the company's role in the expanding AI infrastructure market.
The company said the offerings are pre-validated at the system, rack, and data center levels through its Data Center Building Block Solutions program, allowing organizations to deploy them immediately upon delivery.
RH (NYSE:RH), formerly known as Restoration Hardware, reported second quarter financial results below Wall Street estimates, sending the luxury furniture store’s shares lower on Friday.
Revenue was up 8.4% year-over-year at $899.15 million, falling short of expectations of $905 million.
Conroy Gold and Natural Resources PLC (AIM:CGNR, OTC:CGDNF) announced it is raising up to £1.5 million, offering new shares priced at 10p, with the proceeds earmarked for exploration in Ireland.
It is a 'non-brokered' placing, designed to bring on board a number of long-term value investors, predominantly from North America, the small-cap company added.
As the autumn TV schedules land, investors are bracing for a fresh season of dealmaking in global media.
And it looks like 'episode one' is about to air.