Stellantis N.V.

Amid trade turbulence, Wall Street bets on auto component makers

Stellantis has gone into loss due to duties and other expenses. Will it be able to recover?

Archer Aviation Inc.

Joby Aviation, Inc.

Air taxi developer Archer Aviation has raised $300 million from major institutional investors, including funds managed by BlackRock, the world’s largest asset manager. Archer plans to use the proceeds to accelerate development of its hybrid aircraft platform for the defense market, a new area for the company, which has proven to be more promising than initially expected.

Air taxi developer Archer raises investment from BlackRock-managed funds

Shares of air taxi developer Archer Aviation fell nearly 24% on Monday, December 2. Investors were likely spooked by the sudden resignation of the CEO of Stellantis, a major investor in Archer, <a href="https://www.barrons.com/articles/joby-archer-stock-price-aviation-fdb70e2d?mod=RTA&amp;utm_source=in_materials">reports</a> .