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Archer Aviation's ( ACHR -23.72% ) electric vertical takeoff and landing (eVTOL) vehicles are still grounded, but the stock was taking flight last month as enthusiasm for the new short-distance transportation technology mounted. According to data from S&P Global Market Intelligence , the stock finished last month up 204%. A surge in the second half of the month came after Needham initiated coverage on the stock with a buy rating after the Federal Aviation Administration (FAA) issued a new set of rules in October, clearing the way for the new vehicles to take flight. As you can see from the chart below, the stock went parabolic shortly after the Needham note came out, soaring nearly every session after Nov. 18. ACHR data by YCharts. Archer gains altitude Archer Aviation is still a development-stage company without revenue, but it's hopeful its vehicles will begin flying commercially as soon as late 2025. Archer's eVTOL vehicles resemble advanced helicopters but have advantages, including being electric, being less noisy than helicopters, and having multiple engines, which means they don't have a single point of failure, unlike conventional helicopters. Interest in the stock has been building as it moves closer to commercialization, but shares soared on high volume following the Needham note, which seemed to spark the rally. The stock jumped 16.3% on the bullish endorsement. Needham gave the stock a buy rating and a price target of $11, noting that industry momentum had reached a tipping point. Analyst Chris Pierce also said its $6 billion order book thanks to customers like United Airlines gave it confidence in the stock, and it saw a path to $3 billion in annual revenue. Archer stock gained in nearly every session in November since the Needham note came out as investors jumped on the bandwagon. What's next for Archer Aviation eVTOL stocks have soared since the FAA released new special regulations to integrate eVTOL aircraft safely into the aviation system, essentially giving them government clearance. However, the recent rally in the stock may have reached its ceiling as Archer shares plunged on Dec. 1 even though there was no news on the stock. Instead, investors took the opportunity to pocket profits, and the selling could also signal fears of a bubble in the stock as it's unclear how close it is to commercialization or what the underlying demand for eVTOL transportation is. Investors should expect continued volatility in the stock as shares are likely to move in response to updates on its progress toward commercialization.
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Trend Micro Named a Magic Quadrant Leader for Email Security Platforms( MENAFN - PR Newswire) BEIJING, Dec. 17, 2024 /PRNewswire/ -- A report from China Daily Enterprises in Wuhan city, Central China's Hubei province, are expanding toward global markets under the Belt and Road Initiative, cultivating a large number of professionals and boosting local economic and social development. Eight years ago, YOFC, a Wuhan-based enterprise specializing in the production and sale of fiber-optics and cables, set up Yangtze Optics Africa Cable, or YOA Cable, in Durban, South Africa. Velile Mngonyama, a local production manager of YOA Cable, recalled that to start production smoothly, he and seven other colleagues, as the first group of foreign technical personnel, went to Wuhan in August 2016. There they completed a full set of training, from fiber-optic technology and equipment maintenance to production management, within a month. "When joining YOA Cable, I started from scratch, and it was the Chinese engineers at YOFC who patiently taught me how to use equipment and manage the production," he said. Today, YOFC has established eight production bases in countries involved in the BRI, with more than 50 overseas offices, serving more than 100 countries and regions. In Manila, the capital of the Philippines, a steaming bowl of hot dry noodles has become a regular on the table of Rayan Nalua, senior technical manager of the Philippine subsidiary of Wuhan FiberHome International Technologies. When he first joined the company 10 years ago, Nalua was a local technical engineer in the network operations and maintenance team. "At that time, my Chinese leaders and colleagues were very tolerant and gave me many opportunities," he said. Expanding to major cities such as Manila, Cebu and Davao, FiberHome Philippines has become an industry leader with more than 15,000 employees and launched projects across the country. Ivo, a Bulgarian employee of Wuhan-based HGTECH, an industrial tech enterprise producing laser equipment, said: "China develops rapidly, and the company innovates quickly as well. I enjoy this competitive atmosphere and want to do better." In 2012, he came to study mechanical engineering at Huazhong University of Science and Technology and graduated with a master's degree in 2018. At the time, HGTECH was expanding into the European market and recruiting talents from home and abroad. At HGTECH, new self-developed products are emerging continuously. Initially unfamiliar with these products, Ivo took the initiative to search for information to understand the uses, performance, and advantages of the products, and how to provide solutions when issues arise. Soon after, Ivo secured his first order in Bulgaria, also HGTECH's first in the country. "Working in a high-level company requires continuous learning of new knowledge and mastering new skills," Ivo said. In Addis Ababa, the capital of Ethiopia, Demeke Lule of Humanwell Pharmaceutical Ethiopia, a subsidiary of Wuhan-based Humanwell Healthcare, talked about his achievements over the past few years. "The pharmaceutical industry is a high-tech industry, and I want to learn advanced pharmaceutical knowledge to produce high-quality drugs urgently needed by Africans," Lule said. From equipment names to specific uses, from machine buttons to operating procedures, under the guidance of Chinese masters, he learned step-by-step. In 2019, Lule became the quality department's instruments head and was appointed as the executive manager of the quality department in 2022, responsible for process management, equipment maintenance, and training new employees. Meanwhile, 36-year-old Kristian Kumpumaki, a Swedish language specialist at Transn, an internet-based language services provider in Wuhan, said he hopes to bridge the gap of cultural exchange and mutual learning, allowing the world to understand the real China. In 2008, filled with curiosity and a longing for Chinese culture, he came to China. "I knew some information about China from the internet and news, and I really wanted to see what the real China was like." He first took a semester of Chinese language classes at the University of International Business and Economics. After completing his studies, he moved to Shenzhen, Guangdong province, to work and continue studying Chinese. A Chinese friend once asked him to help translate a Swedish-language document, but he could not accurately translate it into Chinese. He turned to the internet, dictionaries and teachers, trying everything he could, but in the end, he only managed a rough translation. "That was my first experience with translation, far from achieving 'faithfulness, expressiveness, elegance', but it sparked my interest in translation," Kumpumaki said. He began to study translation, reading Chinese works and practicing Chinese expressions. Whenever someone asked him to help with translation, he did his best, considering it an opportunity for practice. Gradually, his translation skills improved significantly, and he could translate among Chinese, English and Swedish, even doing part-time translation work at some companies. While he did translation, Kumpumaki became more fascinated by Chinese culture and decided his career direction: to be the best possible translator. "Many foreigners do not understand the real China. I want to showcase and interpret Chinese wisdom that drives human civilization development, through my translation work, to the world." In early 2023, he joined Transn, becoming a full-time translator. Soon after, the company undertook a translation project of a well-known foreign automotive manufacturer, and Kumpumaki independently translated a part of it. "Translation in the automotive field involves many technical terms, which I was initially unfamiliar with. But my colleagues were very skilled; they taught me to understand the precise meaning of each word and how to translate more accurately," he said, adding that translating thousands of pages was very challenging, but with the help of his colleagues, he successfully completed the task. As the BRI continues to advance, the demand for multilingual translation and language services from various countries is increasing. Transn's overseas business is expanding in areas such as goods trade, service trade and e-commerce. SOURCE China Daily MENAFN17122024003732001241ID1109004982 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save EDITOR'S NOTE: On Football analyzes the biggest topics in the NFL from week to week. No one wants to see any player take a vicious hit like the one that knocked Trevor Lawrence out of the game. It’s easy to agree on that point. Eliminating violent shots is the hard part. The NFL has instituted several rules to protect quarterbacks but football is a physical sport and players have to react instantly and make split-second decisions going at high speeds so injuries keep occurring. Lawrence was carted off the field in the first half of Jacksonville’s 23-20 loss to Houston on Sunday after Azeez Al-Shaair leveled the defenseless quarterback with a forearm to the facemask. The late hit put Lawrence in the fencing position — both fists clenched — and he stayed on the ground for several minutes, while a brawl ensued. Lawrence didn’t require hospitalization for his concussion but it’s unknown when he’ll return. 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The real reason Corvallis' Pastega Lights moved to Linn County 2 bucks illegally killed with crossbow in Corvallis OSU football: Three takeaways from Oregon State's loss at Boise State Prosecutor: Driver on laughing gas caused double fatal in Sweet Home Linn County deputy resigns during menacing case More allegations against ex-OSU coach OSU women's basketball: Marotte takes a more aggressive approach on offense OSU football: Boise State's pass rush is formidable Recently made-over park sees this change after Albany got an earful A busy day: A series of crashes in Sweet Home OSU football: Preview and prediction for regular-season finale against Boise State Strike to end, GAPS reaches tentative deal with Albany teachers UPDATED: GAPS teacher strike NOT off after talks over returning to the classroom break down OSU football: Bray expects Johnson to see action against Boise State “Thank you to everyone who has reached out/been praying for me,” Lawrence wrote on X. “I’m home and feeling better. Means a lot, thank you all.” Al-Shaair was ejected from the game and faces a fine and potential suspension after his latest unsportsmanlike penalty. The Texans' linebacker was flagged and later fined $11,255 for a late hit out of bounds on Titans running back Tony Pollard last week. He was fined earlier this year after he punched Bears running back Roschon Johnson on the sideline in Week 2. That occurred during a scuffle that started after his hard shot on quarterback Caleb Williams near the sideline that wasn’t flagged. Jacksonville Jaguars quarterback Trevor Lawrence slides in front of Houston Texans linebacker Azeez Al-Shaair during the first half of a game on Sunday in Jacksonville, Fla. Lawrence was injured on the play. Al-Shaair once got away with grabbing Tom Brady by the throat on a pass rush in a game between the 49ers and Buccaneers. Outraged Jaguars players called Al-Shaair’s hit “dirty” and Texans coach DeMeco Ryans made it known he didn’t condone it. “It’s not what we’re coaching,” Ryans said. “Want to be smart in everything we do and not hurt the team, get a penalty there. Have to be smarter when the quarterback is going down. Unfortunate play. Not representative of who Azeez is. He’s a smart player, really great leader for us. We felt his presence not being there. His loss really affected us on the defensive side. Just not what we’re coaching. Didn’t want to see the melee and all the aftermath. That’s not what we’re about. Not representative of us. I’ll talk to Azeez, address him personally, and we’ll move forward from it.” Fox Sports color analyst Daryl Johnston, a former fullback for the Dallas Cowboys, didn’t hold back his criticism, calling it a “cheap shot.” “It’s everything you’re not supposed to do,” Johnston said. “Everything. You’ll see this in slow motion and Azeez Al-Shaair does everything you’re trying to prevent in this situation. It’s reckless. It’s disrespectful. There’s an honor that you give to your opponent on the football field and you respect him. And there’s opportunities to be physical and give big hits and play this game in that manner. And there’s other times when there’s a respect that you grant to your opponent.” Some former NFL quarterbacks blasted Al-Shaair on social media. “There is no place in the game of football for dirty hits like this one,” Robert Griffin III wrote on X. Chase Daniel called it “one of the dirtiest hits” he’s ever seen on a quarterback. Jacksonville Jaguars tight end Evan Engram, right, jumps on Houston Texans linebacker Azeez Al-Shaair after his late hit on quarterback Trevor Lawrence, bottom, during the first half of a game on Sunday in Jacksonville, Fla. Even defensive players struggled to defend Al-Shaair. “That was uncalled for,” Hall of Fame defensive lineman Michael Strahan said on Fox’s studio show while fellow Hall of Famer Howie Long agreed. But the play also sparked debate about the quarterback slide. Lawrence slid feet first, which signals that he’s giving himself up on the play. The NFL rulebook states: “A defender must pull up when a runner begins a feet-first slide.” But defensive players aren’t automatically penalized if they make contact with a sliding quarterback if they already committed and the contact is unavoidable. The rules state it’s a foul when “the defender makes forcible contact into the head or neck area of the runner with the helmet, shoulder, or forearm, or commits some other act that is unnecessary roughness.” Al-Shaair did that so he was penalized and will face other repercussions. Still, given the hard-hitting nature of the sport, it won’t be the last time this happens. Here are the 10 best NFL rookie quarterbacks since 1960 Caleb Williams is the most anticipated NFL rookie When Caleb Williams took the field for the Chicago Bears' first regular season game against the Tennessee Titans, the anticipation for the rookie's debut game—possibly the most ever—was on full display. Despite a tough debut for the quarterback, the Bears secured a 24-17 win, a notable feat for the rookie. The victory made Williams the first #1 overall pick with a Week 1 win in over 20 years. Going forward this season, Williams is expected to eclipse C.J. Stroud's record-breaking 2023 rookie campaign with the Houston Texans. However, Stroud's success is an anomaly. Drafting a successful quarterback, especially one who is effective right away, is difficult. When teams have a high first-round draft pick, and they're coming off an unsuccessful few seasons, it's assumed that they will use their first pick on a quarterback . That player will assume the title of "the face of the franchise" and will get the central attention, win or lose. To see which quarterbacks have faced that challenge and triumphed, ATS.io compiled a ranking of the 10 best rookie quarterbacks since 1960 using data from StatHead . Rookies were defined as players who are in their first season of professional football and have not been on the roster of another professional team. Quarterbacks were ranked according to adjusted net yards per pass attempt, which quantifies efficient passing skill. Ties were broken using passer rating. Only rookie quarterbacks with at least 10 games played and 200 total passing attempts were considered. Since 1967, 130 quarterbacks have been drafted in the first round. Of those drafted, only 61 have won a playoff game as a starter, according to The Athletic, which used data from NFL Research . The biggest reason this success rate is not guaranteed is because there are differences between college and pro offensive systems. In the collegiate game, the ball is snapped at different points on the field, passing windows are wider, and defenders and linemen are not as quick, making the adjustment to the pro level more difficult. NFL scouts and general managers are gambling on what skills can be transferable and how long those adjustments might take, which is why some teams prefer redshirt quarterbacks to ease the transition. However, just because a team may not want to use their first-round pick on a quarterback, doesn't mean they can't find a diamond in the rough later in the draft. Think about Tom Brady, Russell Wilson, and Dak Prescott, all of which were not first-round picks, but have gone on to make a name for themselves in the NFL. #10. Gardner Minshew (2019) - Adjusted net yards per pass attempt: 6.44 - Passer rating: 91.2 - Season stats: 3,271 yards, 21 touchdowns, 6 interceptions Coming out of college, Gardner Minshew was not a highly sought-after quarterback for NFL teams. He was drafted in the sixth round of the 2019 draft—a draft that was headlined by Kyler Murray, Dwayne Haskins, and Daniel Jones. Nonetheless, Minshew's rookie season with the Jacksonville Jaguars was filled with many accomplishments. He won Rookie of the Week seven times despite not winning NFL Offensive Rookie of the Year. Minshew also had the highest passer rating of any rookie quarterback that started in 2019. #9. Baker Mayfield (2018) - Adjusted net yards per pass attempt: 6.77 - Passer rating: 93.7 - Season stats: 3,725 yards, 27 touchdowns, 14 interceptions Pressure was high for Baker Mayfield as the first overall pick in the 2018 draft. When he joined the Cleveland Browns, there was an expectation that once the team figured out the quarterback position, it could be playoff-ready. After trading for Jarvis Landry, a young wide receiver from the Miami Dolphins, in the offseason, the Browns were on their way. Mayfield's rookie season was filled with many firsts, and the Landry-Mayfield connection filled the stat sheet. Mayfield set the record for most passing touchdowns by a rookie quarterback in 2019 with 27 surpassing prior marks from Payton Manning and Russell Wilson. #8. Justin Herbert (2020) - Adjusted net yards per pass attempt: 6.84 - Passer rating: 98.3 - Season stats: 4,336 yards, 31 touchdowns, 10 interceptions Justin Herbert was the third quarterback selected in the 2020 NFL draft behind Joe Burrow and Tua Tagovailoa. As the No. 6 overall pick, expectations were high, but there was also an assumption that it would be a few years before Herbert's development would take shape. Then, Chargers starting quarterback Tyrod Taylor was accidentally punctured in the lung by a team doctor administering a painkiller before the second game of the season, and it wasn't clear what Taylor's status would be moving forward. When Herbert was given the nod to start minutes before the game, fans didn't know what to expect. Herbert shocked viewers when he threw for over 300 yards and only one interception in that game. He continued his strong rookie showing throughout the season and went on to win NFL Offensive Rookie of the Year. #7. Ben Roethlisberger (2004) - Adjusted net yards per pass attempt: 6.93 - Passer rating: 98.1 - Season stats: 2,621 yards, 17 touchdowns, 11 interceptions Ben Roethlisberger was the third quarterback selected in his draft class behind the likes of Eli Manning and Philip Rivers—though fans wouldn't have been able to tell. From the moment Roethlisberger was called up by the Pittsburgh Steelers to play in his first game—Week 2 against the Baltimore Ravens—it was clear he had a special arm, gaining the nickname "Golden Arm." While the next several games were bumpy for Steelers fans, it was clear that Roethlisberger was the future of the franchise. The Steelers had a solid running game and its receiving core, led by Hines Ward, was one of the best in the league . Once Roethlisberger gained his footing a few games in, he was unstoppable. He led Pittsburgh to its best record ever: 15-1. He also started the season on an eight-game winning streak, becoming the first rookie to do so. Additionally, Roethlisberger became the first quarterback to win AP Offensive Rookie of the Year. #6. Matt Ryan (2008) - Adjusted net yards per pass attempt: 7.01 - Passer rating: 87.7 - Season stats: 3,440 yards, 16 touchdowns, 11 interceptions As the No. 3 overall pick in the 2008 NFL draft, there were high expectations on Matt Ryan's shoulders heading to the Atlanta Falcons. The Falcons were coming off back-to-back losing seasons and off-the-field legal troubles with its starting quarterback Michael Vick overshadowing the team's play. Ryan was expected to pick up the pieces. He did that immediately, leading the Falcons to an 11-5 record in his rookie season and becoming the clear favorite for NFL Offensive Rookie of the Year halfway through the season, which he went on to win. The tag team of Ryan and running back Michael Turner was one of the best offensive forces in the sport that season. #5. Russell Wilson (2012) - Adjusted net yards per pass attempt: 7.01 - Passer rating: 100 - Season stats: 3,118 yards, 26 touchdowns, 10 interceptions Russell Wilson was drafted in the third round of the 2012 NFL Draft by the Seattle Seahawks. Considering Robert Griffin III and Andrew Luck headlined the NFL Draft that year, it was not believed that Wilson would be a starter come Week 1, but that quickly changed. Going into the 2012 NFL Draft, Tarvaris Jackson was the Seattle Seahawks' starting quarterback, and the team signed NFL veteran quarterback Matt Flynn as an insurance policy on the injury-prone Jackson . It was assumed in the short term that either Jackson or Flynn would lead the franchise. Once training camp arrived, however, the Seahawks' quarterback position was uncertain. Jackson was traded to the Buffalo Bills, and Flynn was underwhelming at camp, forcing Head Coach Pete Carroll to take a gamble on his rookie quarterback, Wilson, in Week 1. Carroll, nor Wilson, ever looked back. Wilson was one of the best passing quarterbacks that season. He led the Seahawks to an 11-5 record and went on to win NFL Rookie of the Year. #4. Dan Marino (1983) - Adjusted net yards per pass attempt: 7.39 - Passer rating: 96 - Season stats: 2,210 yards, 20 touchdowns, 6 interceptions When Dan Marino was drafted by the Miami Dolphins in 1983, the NFL looked very different. Running the ball was the name of the game. The quarterback would either run the football himself at the line of scrimmage or hand it off to the running back, and the offensive linemen would claw and push the pile forward as the runner powered his legs. It was not a pretty sight. However, Marino took a different approach, throwing the ball with a unique quick release for that era. He led the Dolphins to a 9-1 record after replacing David Woodley midway through his rookie season, ending with a 12-4 record. He went on to win Rookie of the Year and was the first rookie to start a Pro Bowl. #3. C.J. Stroud (2023) - Adjusted net yards per pass attempt: 7.47 - Passer rating: 100.8 - Season stats: 4,108 yards, 23 touchdowns, 5 interceptions When C.J. Stroud was drafted No. 2 by the Houston Texans last year, there were a lot of questions, not about his ability, but about the organization that he would be playing for. The Texans were coming off of a 3-13-1 season in 2022, finishing with the worst record in the league, and a lot of volatility in its front office. The team fired its head coach and a top executive before the draft. Weeks later, the team hired former Texans linebacker DeMeco Ryans as its next head coach. While Ryans is a defensive-minded coach, Stroud was seen as a key ingredient to the team's success since Ryans hired his coaching staff around the quarterback. Stroud led the NFL in yards and TD-to-interception ratio during his rookie season, which is an efficiency statistic considering he didn't get his first interception until his sixth regular-season game against the New Orleans Saints. While Stroud was a part of the league MVP conversation for most of the season, he didn't ultimately win the title. However, he was named 2023 NFL Offensive Rookie of the Year, and his rookie season is seen as one of the best in NFL history. #2. Robert Griffin III (2012) - Adjusted net yards per pass attempt: 7.47 - Passer rating: 102.4 - Season stats: 3,200 yards, 20 touchdowns, 5 interceptions Leading into the 2012 draft, it wasn't a matter of whether Washington would pick a quarterback, it was a matter of who. After several seasons of mediocre quarterback play and losing seasons from the likes of Jason Campbell, Donovan McNabb, and Rex Grossman, it was time for a new face to lead the offense. At No. 2, Washington selected Robert Griffin III making him the second quarterback selected in the 2012 NFL draft behind Andrew Luck. Griffin started his rookie year campaign with one of the best performances football fans have ever seen. He completed 19 of his 26 pass attempts for 320 yards and 2 touchdowns, beating the New Orleans Saints. That game earned him the highest passer rating by a rookie ever, 158.3. He now shares that record with Kirk Cousins and Marcus Mariota. Griffin III went on to win NFL Offensive Rookie of the Year in 2012. #1. Dak Prescott (2016) - Adjusted net yards per pass attempt: 7.86 - Passer rating: 104.9 - Season stats: 3,667 yards, 23 touchdowns, 4 interceptions Dak Prescott is statistically the best rookie quarterback ever, racking up the best passer rating as a rookie. After losing his first game, he led the Cowboys on an 11-game winning streak. That season, he led the team to its fourth-best season ever with a 13-3 record. Prescott was the 2016 NFL Offensive Rookie of the Year and became the first NFL quarterback to be drafted in the fourth round or later to start all 16 regular season games. Data reporting by Karim Noorani. Story editing by Shanna Kelly. Additional editing by Kelly Glass. Copy editing by Robert Wickwire. Photo selection by Clarese Moller. This story originally appeared on ATS.io and was produced and distributed in partnership with Stacker Studio. Get local news delivered to your inbox!Harwood International Celebrates Exceptional Year with Nearly 350,000 Square Feet Leased in the Harwood District
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