Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.

Cathie Wood Bets Big on Flying Taxis With Joby, Archer Trades—Invests in TSLA Robotaxi Rivals WeRide, Pony AI

ARK Invest buys millions in Joby and Archer eVTOL shares, while also investing in robotaxi firms like WeRide.

What Is Going On With Joby Aviation Stock Today?

Joby Aviation stock rises modestly as traders weigh Blade news, the Archer legal dispute and a firmer broader market.

Archer Aviation Says Court Dismisses Some Of Joby's Trade Secret And Contract Claims, Lets Others Proceed; Archer's Counterclaims Against Joby Dismissed

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001824502/000182450226000078/achr-20260929.htm

8-K filing — Archer Aviation Inc. (ACHR)

Filed: 2026-10-02 AccNo: 0001824502-26-000078 Size: 175 KB Item 7.01: Regulation FD Disclosure

Closed Die Forging Market Size, Share, Trends, and Forecast, 2026-2040; Market to Reach US$ 42.94 Billion as EV, Aerospace, and AI-Driven Automation Demand Accelerates

The global closed die forging market is projected to grow from US$ 22.38 billion in 2025 to US$ 42.94 billion by 2040, with a CAGR of 4.44%. Asia Pacific leads the market driven by automotive manufacturing, EV production, infrastructure development, and aerospace expansion. Sustainability and energy-efficient manufacturing technologies are key growth trends as companies adopt lightweight materials and automated production systems.

Wells Fargo Maintains Overweight on ATI, Lowers Price Target to $240