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Max Knoblauch
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Joby posts smaller loss, larger cash pile than expected in Q4, says it expects US early operations to begin this year
Air taxi maker Joby reported its fourth-quarter results after markets closed on Wednesday. Source: Sherwood News.
Paramount misses on earnings and revenue in its fourth quarter report
Paramount reported its fourth-quarter earnings after the bell Wednesday. Source: Sherwood News.
Joby announces plans to offer air taxi rides in the Uber app in Dubai
Joby shares climbed 6% in premarket trading on Wednesday. Source: Sherwood News.
Paramount improved its Warner Bros. offer to $31 per share
WBD confirmed receipt of the new offer on Tuesday and said it would review the proposal. Source: Sherwood News.
Lucid reports Q4 earnings miss, revenue beat
Lucid reported its fourth-quarter results after markets closed on Tuesday. Source: Sherwood News.
Archer Aviation sues rival Vertical, alleging air taxi design patent infringement
Archer Aviation alleged that Vertical’s Valo aircraft “mimics” its own Midnight aircraft. Source: Sherwood News.
Nio climbs after completing a million battery swaps in less than a week over the Lunar New Year holiday
Nio has set multiple battery swap daily records this month. Source: Sherwood News.
Paramount is expected to raise its Warner Bros. offer to $32 per share
Paramount’s seven-day offer discussion window with Warner Bros. closes on Monday at 11:59 p.m. ET. Source: Sherwood News.
Microsoft makes dramatic shakeup to its gaming division as gaming CEO Phil Spencer and Xbox president Sarah Bond depart
The tech giant said it is making a “renewed commitment to Xbox starting with console.” Source: Sherwood News.
Lucid cuts 12% of its US workforce in a profitability push
Lucid’s interim CEO said the move was necessary to “improve operational effectiveness” and optimize resources. Source: Sherwood News.
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