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Electric Aviation Company Vertical Aerospace Bags $50M Funding: What’s Going On?

By Lekha Gupta
January 22, 7:23 AM
Vertical Aerospace secures a significant $50 million funding boost from CEO Stephen Fitzpatrick, reinforcing its financial position and extending cash runway into Q2 2025. The investment, marked by pre-orders for 1500 VX4 aircraft and regulatory approvals, positions Vertical as a key player in Advanced Air Mobility. Chairman Mike Flewitt applauds Fitzpatrick's commitment, foreseeing transformative developments in the U.K.-developed electric aircraft.

EVTL

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Archer-Daniels-Midland, B. Riley Financial And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

By Avi Kapoor
January 22, 6:07 AM
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 100 points on Monday. Shares of Archer-Daniels-Midland Company (NYSE: ADM) fell sharply in today’s pre-market trading after the company named Ismael Roig as Interim Chief Financial Officer.

ADM

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Investor Sentiment Increases Further; S&P 500 Surges To All-Time High

By Avi Kapoor
January 22, 4:34 AM
The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained in the "Greed" zone on Friday. U.S. stocks closed higher on Friday, with the S&P 500 settling at an all-time high during the session. All three major indices are now in positive zone for 2024.

BRO