24H｜Joby Up 14%; Ondas Up 11%; Circle and Archer Up 10%; Rocket Lab Up 7%
Circle Internet Corp. soared 10% in overnight trading after the leader in the world of stablecoins closed up 29% on Friday.
Drone and flying taxe stocks shined in overnight trading after Trump signing orders to bolster US drone defenses, boosting supersonic flight. Joby up 14%; Ondas up 11%; Archer up 10%; Unusual Machines up 6%.
President Donald Trump on Friday signed executive orders to bolster U.S. defenses against threatening drones and to boost electric air taxis and supersonic commercial aircraft, the White House said.
In the three executive orders, Trump sought to enable routine use of drones beyond the visual sight of operators - a key step to enabling commercial drone deliveries - and reduce U.S. reliance on Chinese drone companies as well as advance testing electric vertical takeoff and landing aircraft. The order should boost eVTOL firms including Joby Aviation JOBY.N and Archer Aviation ACHR.N.
Rocket Lab USA, Inc. stock pops 7% in overnight trading as Musk–Trump feud hits SpaceX.
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