China’s cities may see ‘flying taxis’ as soon as three years, aviation company Ehang predicts

China’s cities may see ‘flying taxis’ as soon as three years, aviation company Ehang predicts


Key Points
  • Ehang earlier this week said it was the first in the world to obtain a certificate for operating a pilotless aerial vehicle that can carry humans.
  • The certification clears the way for flying taxis to become a viable method of transportation in some Chinese cities over the next three to five years.
  • Analysts and researchers say the certification shows how China is a leading innovator in the future of transportation and mobility.



Source

Stocks making the biggest moves premarket: PNC, ImmunityBio, Coupang & more
Finance

Stocks making the biggest moves premarket: PNC, ImmunityBio, Coupang & more

Check out the companies making headlines before the bell. ImmunityBio — The biotech company rallied 22%, adding to a 30% rally in the previous session that was sparked by strong guidance for its bladder cancer drug Anktiva. ImmunityBio expects full-year revenue for the drug to jump 700%. Coupang — Shares rose more than 3% after […]

Read More
Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets
Finance

Goldman Sachs CEO is looking at how the Wall Street bank can get involved in prediction markets

Key Points The move signals growing institutional interest in a corner of finance that has gained increased traction among traders. Solomon met with the two big prediction companies and their leadership in the last two weeks, spending ‘a couple of hours with each’ to learn more. Goldman has a team of people spending time with […]

Read More
Morgan Stanley earnings top estimates driven by wealth management
Finance

Morgan Stanley earnings top estimates driven by wealth management

In this article MS Follow your favorite stocksCREATE FREE ACCOUNT People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what […]

Read More