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Max Knoblauch
Posts
Joby, Archer, and Beta climb following their inclusion in the Trump administration’s air taxi pilot program
Joby, Archer, and Beta shares all climbed on the news. Source: Sherwood News.
Southwest stopped fuel hedging a year ago. Whoops.
It’s been a year since Southwest said it would end its fuel hedging program. Oil’s moves this year make that decision look like a mistake….
Paramount sinks as ratings agencies scrutinize its debt
Paramount on Monday said its merger with Warner Bros. would create an entity with $79 billion in net debt. Source: Sherwood News.
Versant climbs in its first quarter after spin-off, announces dividend and $1 billion stock buyback
Versant separated from Comcast earlier this year. Source: Sherwood News.
AutoZone dips on weaker-than-expected Q2 sales growth
AutoZone’s same-store growth swerved much lower than analysts had anticipated. Source: Sherwood News.
Archer reports deeper-than-expected Q4 loss
Archer Aviation reported its fourth-quarter results after the bell on Monday. Source: Sherwood News.
Paramount+ and HBO Max will combine, David Ellison says
It’s yet to be determined whether this merger will result in yet another new name for the HBO streamer. Source: Sherwood News.
Fears of increased global shipping costs add to Sony, Nintendo headaches
Both Nintendo and Sony ship their popular video game consoles using sea freight. Source: Sherwood News.
Archer teams up with Starlink to bring internet access to its Midnight air taxi
The announcement marks an “industry-first collaboration,” says Archer. Source: Sherwood News.
Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response
Paramount’s deal includes a clause stipulating that it would pay the $2.8 billion cancellation fee WBD could end up owing Netflix. Source: Sherwood News.