Archer Aviation's shares surge as the company receives Part 135 Air Carrier & Operator Certificate from the FAA, paving the way for commercial aircraft operations and advancement towards its urban air taxi goals.
Riskified (NYSE:RSKD) reported quarterly losses of $(0.08) per share. This is a 94.33 percent increase over losses of $(1.41) per share from the same period last year.
Oil prices continued to rise on Tuesday, with crude futures gaining 1.34%. The move comes after Saudi Arabia's Energy Minister on Monday denied reports suggesting Saudi Arabia and other OPEC members were considering an output hike of 500,000 barrels per day.