Stocks rally at the start of the week, pushing the S&P 500 near a record high, driven by falling oil prices after President Donald Trump called off a planned strike on Iran. Boeing shares surge on FAA certification, an analyst upgrade, and lower oil prices.
Archer Aviation CEO Adam Goldstein stated the company is focused on certifying its air taxis by the 2028 LA Olympics. The company also unveiled its Thunder autonomous defense craft with Anduril, leading to a nearly 20% stock rally, benefiting from a new eVTOL pilot program.
Graduates from the Pittsburgh Institute of Aeronautics' aviation maintenance program are entering a strong job market, with many securing employment before or shortly after graduation. The Federal Aviation Administration's A&P certification is highly sought after in an industry facing a significant shortage of skilled mechanics.
