Automakers, airlines, ride-hailing, logistics, shipping, electric vehicles, and the transportation economy.
A market report says Joby Aviation is teaming with Toyota on a new manufacturing venture, a move that investors appeared to bid up early Monday.
THE APEX TIMES
THE APEX TIMES
The company says a Memphis-area facility used for handling and dispatching packages will shut permanently later this summer, according to a FedEx spokesman.
THE APEX TIMES
The carmaker and eVTOL startup said the new venture will start by building an advanced, efficient manufacturing operation for air taxis.
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The French container shipping group is reported to be nearing an agreement to buy FedEx’s third-party logistics business for about $1.4 billion in cash, a step that would expand its push beyond ocean freight and into inland supply-chain services.
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A new market analysis highlights that Tesla waited a decade to carry out its first stock split, using that history to frame why a stock split at SpaceX, if it ever follows a path to public trading, could happen sooner.
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A market recap points to cooling demand for electric vehicles in the United States, with broader industry weakness showing up as the EV boom loses steam.
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FedEx Freight Holding Company, the newly public freight-focused company spun out of FedEx, has been added to the S&P 500, drawing continued optimism from at least one Wall Street analyst despite the stock’s transition into a new standalone profile.
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A new stock valuation read suggests Uber Technologies is trading at levels that look cheap when compared with how its shares have performed over the past three years. The same analysis, however, points to a more fragile risk picture, reflecting uncertainty around the durability of sentiment and fundamentals.
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A market analysis published by Yahoo Finance points to Tesla’s stock trading around $420.60 and calls valuation metrics “expensive,” even as speculation about potential corporate combinations resurfaces.
