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The semiconductor industry faces heightened tensions as Chinese industry associations warn domestic companies against purchasing U.S. chips, describing them as 'no longer safe.' This cautionary message comes in response to renewed U.S. export controls targeting China's semiconductor sector, intensifying the long-standing trade conflict between the two countries. The United States, aiming to curb China's technological advancement, has restricted exports to 140 Chinese companies, affecting giants like Nvidia, AMD, and Intel. Despite this, the Semiconductor Industry Association refutes claims of U.S. chip unreliability and calls for precise export controls aligned with national security goals, advocating de-escalation. In retaliation, Beijing has banned exports of critical minerals used in military and manufacturing applications, indicating a strategic shift. These developments underscore a deeper economic tussle, where both nations strategize to reduce dependencies and secure their technological futures in a rapidly changing global landscape. (With inputs from agencies.)HENDERSON, Nev. (AP) — Ashlon Jackson scored a career-high 30 points and No. 14 Duke defeated No. 10 Kansas State, 73-62 on Monday, in the semifinals of the Ball Dawgs Classic. The Blue Devils (6-1) overcame an early 11-point deficit behind Jackon’s shooting hand to advance to Wednesday’s championship game against the winner of the game between No. 9 Oklahoma and DePaul. Jackson, who has scored in double figures in all six of Duke’s games, shot 12 of 19 (63.1%) from the floor, including 6 of 9 (66.7%) from 3-point range. Reigan Richardson added 16 points for the Blue Devils. Kansas State (5-1) was led by Ayoka Lee, who had 16 points. Serena Sundell scored 15 and Kennedy Taylor came off the bench to add 11 for the Wildcats. Kansas State: With her 16-point performance, Lee needs 48 points to pass Kendra Wecker (2001-05) for the Kansas State career scoring record. Wecker scored 2,333 points. Lee, the 2024-25 Preseason Big 12 Player of the Year, is averaging 15.3 points. Duke: Jackson hit her season average of 13.3 points by the 3:54 mark of the second quarter when her pull-up jumper gave her 14. The junior guard was 8 of 11 from the floor, including 4 of 5 from 3-point range, and had 20 points by halftime. With the Blue Devils trailing by six midway through the second quarter, Jackson triggered a 15-0 run with 13 of the team’s points to help Duke take a lead they’d never relinquish. Duke will face the winner of No. 9 Oklahoma-DePaul on Wednesday in the championship game, while Kansas State will face the loser in the consolation game. Get poll alerts and updates on AP Top 25 basketball throughout the season. Sign up here. AP women’s college basketball: andMounties in Richmond, B.C., say a man has been arrested for allegedly uttering threats against police while livestreaming on a social media platform. RCMP say they received the complaint about the man on Friday morning as he stood outside Richmond City Hall. Police say officers flooded the area and made an arrest without any incident. Insp. Michael Cohee, with RCMP investigative services, says they commend the person who recognized the potential risk and called police. He says they take public safety and threats of violence “very seriously,” whether they are online or in person. Police haven’t said what charges are being considered but say the investigation is ongoing.
STILLWATER — There was a surprise waiting at the end of the line during Oklahoma State’s pre-game senior day festivities. Oklahoma State redshirt junior receiver De’Zhaun Stribling took part, suggesting he’s at least contemplating leaving Stillwater following the season. Entering Saturday’s game, Stribling led the Cowboys with 749 receiving yards and five touchdowns on 43 catches. Stribling led the Cowboys in receiving yards six games this season and missed almost all of the Baylor game. In 13 career games at Oklahoma State, Stribling averages four catches and 73 yards per game. As expected, juniors Ollie Gordon, Nick Martin took part in senior day festivities pre-game alongside senior linebacker Collin Oliver who was eligible to extend his career with a redshirt. However, the Senior Bowl announced that Oliver accepted an invitation which further implies his collegiate career is over. People are also reading... Bill Haisten: ‘Why would you even say that?’ OSU fund-raising was damaged by Gundy comments Sooners legend Tiare Jennings 'a game changer' as OU softball graduate assistant Berry Tramel: Kevin Wilson makes a decision for TU's future that might not be his State Department of Education bought 532 Trump Bibles, purchase order shows QB commit Jett Niu's dreams led him to OSU, but he had one question for Mike Gundy What's the latest with Michael Fasusi? An update on OU's top 2025 recruiting target Roster cuts are coming to Oklahoma State and Mike Gundy is dreading it Union sixth-graders could be relocated amid planned renovations, declining district enrollment What's Brent Venables telling recruits now? Has no-visit policy for OU commits changed? A new name coming for one of Tulsa's tallest buildings Police, sheriff talk about what Trump's mass deportation plan could mean for Tulsa POLL CLOSED: Vote for the Bill Knight Automotive high school football player of the week for Week 11 Video: Stephen Colbert counts Ryan Walters among 'far-right weirdos' Trump could hire Mike Gundy preparing to send Ollie Gordon, Nick Martin, Collin Oliver to NFL Draft OU coach Brent Venables reveals wife Julie's cancer returned earlier this year None of the four have officially announced decisions at this point and all could choose to return or transfer.SACRAMENTO, Calif. (AP) — California could offer rebates for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars, Gov. Gavin Newsom said Monday. Newsom, a Democrat, proposed creating a new version of the state’s Clean Vehicle Rebate Program , which was phased out in 2023 after funding 594,000 cars and saving 456 million gallons of fuel, Newsom’s office said. “Consumers continue to prove the skeptics wrong – zero-emission vehicles are here to stay," Newsom said in a statement. "We’re not turning back on a clean transportation future — we’re going to make it more affordable for people to drive vehicles that don’t pollute.” Newsom’s proposal is part of his plan to protect California's progressive policies ahead of Republican President-elect Donald Trump's second term. He called the state Legislature to convene in a special session to help “Trump-proof” state laws by giving the attorney general’s office more funding to fight federal challenges. But a budget shortfall could complicate California’s resistance efforts. Early budget projections show the state could face a $2 billion deficit next year, according to a report released last week by the nonpartisan Legislative Analyst’s Office. That’s an improvement from an estimated $46.8 billion deficit the state faced last year, but the shortfall could still curtail the state’s ability to expand new programs and fight federal legal challenges. Legislative leaders in both chambers have said the state needs to stay prudent in anticipation of future budget deficits. Money for the new rebate system could come from the state's Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program, the governor's office said. Officials didn’t say how much the program would cost or how the rebates would work. Newsom is expected to offer more details of the possible rebate program during an appearance in Kern County later Monday. California has surpassed 2 million zero-emission vehicles sold, according to Newsom's office. The state has passed policies in recent years to transition away from fossil fuel-powered, cars , trucks , trains and lawn mowers . Trump previously vowed to end federal electric vehicle tax credits , which are worth up to $7,500 for new zero-emission vehicles. There’s also a $4,000 credit for used ones. But Trump later softened his stance as Tesla CEO Elon Musk became a supporter and adviser. Newsom's proposed rebates could exclude Tesla and other automakers in an effort to promote more market competition and innovation, according to the governor's office. But that is subject to negotiation with the state Legislature. Trump criticized Newsom on social media after the governor called for a special session, calling out the high cost of living in California and the state’s homelessness crisis. Trump said Newsom was “stopping all of the GREAT things that can be done to ‘Make California Great Again.’” Newsom said on his podcast earlier this month that he reached out to Trump after the election. He said at a news conference last week that he still hadn’t heard back from the president-elect. California's defunct Clean Vehicle Rebate Program offered rebates on electric cars as high as $2,500. The Associated PressFinancial Analysis: Primo Brands (PRMB) vs. Its Peers
Hydreight Reports Record Topline1 Revenue of $6.12M in Q3-2024 (YOY Increase of 54%) and ...President Biden was adamant that his son “Hunter was treated differently” when he broke his public pledge and issued a rare sweeping pardon spanning almost 11 years for his troubled son late Sunday. But the 54-year-old is far from the only one to have been charged with similar firearm and tax evasion crimes. Several legal experts believe that he already received favorable treatment than others who have committed comparable transgressions. Here are other cases where famous defendants served prison time for their offenses. Darryl De Sousa Former Baltimore police commissioner Darryl De Sousa spent 10 months in jail after being accused of skipping out on some $67,000 in taxes. Hunter, by contrast, admitted to failing to pay $1.4 million to the IRS. De Sousa, who had grown up in a poor household in Queens, New York, decried the pardon as a slap in the face. “It’s unfair. It’s unfortunate,” he lamented to The Post. “The first thing that came to my mind is this two-tiered justice system that exists. It has always existed, and I don’t think it’s ever going to go away.” “Those who are in power and privilege, that come from established communities., vs. those who come from historically underserved communities, are going to be at the opposite end of that.” De Sousa recounted experiencing that “two-tiered” system firsthand while patrolling the streets of Baltimore for almost three decades. “The message that I really would like everyone to know is that the criminal justice system is in dire need of reform,” he added before shifting gears to Hunter Biden’s situation and expressing some sympathy. “[The two cases] should be treated differently. But I have never walked heel to toe in Hunter Biden’s shoes, with his addiction,” he added. “The pardon, I don’t agree to that. There needs to be some consequences.” As for his own tax evasion, De Sousa says there is “no excuse” and he takes “full responsibility” and pinned the blame on negligence. “I put my job first and that was it,” he reflected. “I neglected myself. I neglected my personal responsibilities in life, almost to the point of forgetting about my health.” Notably, prosecutors Leo Wise and Derek Hines, who argued the firearm case against Hunter Biden in June, also prosecuted the case against De Sousa. De Sousa’s charges stemmed from 2013 through 2015. Ultimately, he was forced to resign as Baltimore police commissioner following the 2019 indictment. Rapper Kodak Black Roughly five years ago, Rapper Kodak Black was sentenced to 46 months behind bars at the age of 22 for writing down a wrong Social Security number in his application to purchase three guns. Prosecutors alleged the “Bodak Yellow” rapper was trying to hide his criminal record, which made it illegal for him to own firearms. Hunter Biden was similarly precluded from purchasing the .38-caliber revolver he bought on Oct. 12, 2018, but lied a form to purchase it anyway, a jury concluded back in June. Black’s attorney had previously railed against a plea agreement the first son was set to receive last year, which ultimately imploded. “2 tiers of justice? Kodak was charged for the same crime. Got over three years. Mr. Biden will not serve a day. Feels right? Do FBI agents and federal authorities take cases personally?” Black’s attorney Bradford Cohen vented last year when the Biden scion appeared poised to get off on a plea deal. “After 26 years, I have yet to have a plea in a case with an illegal possession of a weapon and tax evasion, that did not come with some kind of prison sentence. Indigents charged the same way would be getting jail time,” Cohen wrote in a post on X . “Even in the case of paying off coaches to get their kids into college came with a prison sentence. One even got 2 weeks, even though she was scoring no jail time. The system was so petty that they made her surrender to a federal prison for 2 weeks! But in this case nothing,” he added. Ultimately, President-elect Donald Trump pardoned Black on the last day of his first term. Wesley Snipes Actor Wesley Snipes, famous for roles such in flicks like “Blade” and “Demolition” was convicted on three counts of tax evasion in 2008 for bilking Uncle Sam on taxes of up to $15 million. Snipes was later sentenced to three years in prison, though he had been acquitted of felony charges of filing a false claim conspiracy to defraud the government. The actor had claimed that he was “a non-resident alien” of the US despite being a citizen by birth and the IRS said he owed taxes between 1999 through 2004. Ultimately, he served 28 months in federal prison and the rest on house arrest. Hunter Biden’s defense team has stressed that he ultimately “fully paid his past-due taxes with interest and penalties in 2021.” The Biden scion managed to pay back those taxes with assistance from his so-called “sugar brother” Kevin Morris. “As a criminal tax lawyer for a near quarter-century, I confirm how rare & extraordinary the #HunterBiden plea deal is. Indeed, the deal violates DOJ tax official policy, where Biden’s DOJ prohibit prosecutors from even offering this deal to people who did far less than Hunter,” Snipes’ attorney Robert Barnes previously wrote on X last year around the time of the Biden scion’s doomed plea deal. Mike ‘The Situation’ Sorrentino Gym, Tan, Laundry and ... Prison. Five years ago, “Jersey Shore” star Mike “The Situation” Sorrentino served out an eight-month sentence for skirting $2.3 million in taxes over a five-year stretch. His older brother, Marc, was similarly forced to serve out a 24-month prison stint for skimping on $8.9 million in taxes. Despite the similarities between the two cases, Sorrentino refrained from comparing himself to the Biden scion when asked by Fox News last year. “I’ll be honest with you, I really can’t compare us; we live two different lives,” the reality star told the network . “I wouldn’t be the man I am today if I didn’t make those mistakes. But again, I can’t compare myself to another man.” Sorrentino claimed that he was “very high” when pressed about taxes after seeing a sudden rise in his wealth. “That one decision haunted me for 15 years,” he reflected. Conservatives agree Hunter was treated differently... Conservative critics contend that President Biden, 82, was correct in saying that “Hunter was treated differently,” but they split sharply from him in their assessment of why. “During his campaign for president, President-elect Trump frequently spoke about the two-tiered justice system in America. Highlighting this unequal system has been a central focus of my work as a United States Congressman and as a member of the House Judiciary Committee,” Rep. Wesley Hunt (R-Texas) told The Post. “Joe Biden claimed that no one is above the law. We now know that not only is this statement untrue, but that no one is more above the law than those with the last name Biden.” Mike Davis, the founder of the Article III Project, a conservative legal group that targets what it describes as “lawfare,” estimated that about 97% of cases involving the gun charges Hunter Biden faced result in prison time. “Hunter Biden was certainly treated differently. Almost all other defendants charged with these gun crimes go to prison,” Davis told The Post. Defense attorneys for Hunter Biden have argued that many of those cases involved individuals with prior convictions or who purchases multiple weapons. The 54-year-old budding artist had that Colt Cobra handgun for about 11 days before his sister-in-law-turned-lover threw it in a public trash can. “Moreover, the Biden Justice Department protected Hunter Biden from much more serious foreign corruption charges for years because those charges would implicate Joe Biden,” Davis added. Republican lawmakers in Congress had wanted more scrutiny over Hunter Biden’s dealings in foreign countries amid concerns that he failed to register under the Foreign Agents Registration Act (FARA), which could implicate his father. “They prosecuted him on the least that they could have, and he’s complaining about that,” Judicial Watch chief Tom Fitton told The Post. “There was money laundering, the Foreign Agents Registration Act and they came up with the most narrow set of charges.” Others have faced prison time for FARA violations. Former Trump 2016 campaign chairman Paul Manafort, 75, was sentenced to 60 months for failure to register with the Justice Department about his work for a Ukrainian political party. Last year, Gul Luft was slapped with federal charges for working as an unregistered lobbyist for China, among other infractions. Luft had been a witness in Republicans’ probe of the Biden family business dealings. Ironically, President Biden had echoed some of Trump’s grievances with the justice system and issued a defacto rebuke of the DOJ under his Attorney General Merrick Garland in his statement on the pardon. “It is clear that Hunter was treated differently,” the lame duck president said. “The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election.” “There has been an effort to break Hunter — who has been five and a half years sober, even in the face of unrelenting attacks and selective prosecution. In trying to break Hunter, they’ve tried to break me,” he added. “Enough is enough.” The pardon came after the Biden family huddled in Nantucket for Thanksgiving.From Shopping to Advice From Warren Buffett
LOUISIANA TECH 85, SOUTHERN ILLINOIS 79, OTJuan Soto could decide on his next team before or during baseball's winter meetingsNC to host Robin Sage training exercise for Special Forces candidates in DecemberJimmy Carter, the 39th US president, has died at 100
DENVER — So you're the most valuable player of that annual Thanksgiving Day backyard flag football game. Or played tackle football on any level. Or ran track. Or dabbled in basketball. Or toyed with any sport, really. Well, this may be just for you: USA Football is holding talent identification camps all over the country to find that next flag football star. It's "America's Got Talent" meets "American Idol," with the stage being the field and the grand prize a chance to compete for a spot on a national team. Because it's never too early to start planning for the 2028 Olympics in Los Angeles, where flag football will make its Summer Games debut. Know this, though — it's not an easy team to make. The men's and women's national team rosters are at "Dream Team" status given the men's side has captured six of the last seven world championships and the women three in a row. To remain on top, the sport's national governing body is scouring every football field, park, track, basketball court and gym to find hidden talent to cultivate. USA Football has organized camps and tryouts from coast to coast for anyone ages 11 to 23. There are more than a dozen sites set up so far, ranging from Dallas (Sunday) to Chicago (Dec. 14) to Tampa (March 29) to Los Angeles (TBD) and the Boston area (April 27), where it will be held at Gillette Stadium, home of the New England Patriots. The organization has already partnered with the NFL on flag football initiatives and programs. The numbers have been through the roof, with engagement on social media platforms increasing by 86% since flag football was announced as an Olympic invitational sport in October 2023. The participation of boys and girls ages 6 to 17 in flag football last year peaked at more than 1.6 million, according to USA Football research. "We pride ourselves on elevating the gold standard across the sport," said Eric Mayes, the managing director of the high performance and national teams for USA Football. "We want to be the best in the world — and stay the best in the world." Flag football was one of five new sports added to the LA28 program. The already soaring profile of American football only figures to be enhanced by an Olympic appearance. Imagine, say, a few familiar faces take the field, too. Perhaps even NFL stars such as Tyreek Hill or Patrick Mahomes, maybe even past pro football greats donning a flag belt for a country to which they may have ties. Soon after flag football's inclusion, there was chatter of NFL players possibly joining in on the fun. Of course, there are logistical issues to tackle before their inclusion at the LA Olympics, which open July 14, 2028. Among them, training camp, because the Olympics will be right in the middle of it. The big question is this: Will owners permit high-priced players to duck out for a gold-medal pursuit? No decisions have yet been made on the status of NFL players for the Olympics. For now, it's simply about growing the game. There are currently 13 states that sanction girls flag football as a high school varsity sport. Just recently, the Pittsburgh Steelers and Philadelphia Eagles helped pave the way to get it adopted in Pennsylvania. Around the world, it's catching on, too. The women's team from Japan took third at the recent word championships, while one of the best players on the planet is Mexico quarterback Diana Flores. "Could flag football globally become the new soccer? That's something to aspire to," said Stephanie Kwok, the NFL's vice president of flag football. This type of flag football though, isn't your Thanksgiving Day game with family and friends. There's a learning curve. And given the small roster sizes, versatility is essential. Most national team members need to be a version of Colorado's two-way standout and Heisman hopeful Travis Hunter. Forget bump-and-run coverage, too, because there's no contact. None. That took some adjusting for Mike Daniels, a defensive back out of West Virginia who earned a rookie minicamp invitation with the Cleveland Browns in 2017. "If a receiver is running around, I'm thinking, 'OK, I can kind of bump him here and there and nudge him,'" Daniels explained. "They're like, 'No, you can't.' I'm just like, 'So I'm supposed to let this guy just run?!' I really rebelled at the idea at first. But you learn." The competition for an Olympic roster spot is going to be fierce because only 10 players are expected to make a squad. The best 10 will earn it, too, as credentials such as college All-American or NFL All-Pro take a backseat. "I would actually love" seeing NFL players try out, said Daniels, who's also a personal trainer in Miami. "I'm not going to let you just waltz in here, thinking, 'I played NFL football for five years. I'm popular. I have a huge name.' I'm still better than you and I'm going to prove it — until you prove otherwise." Around the house, Bruce Mapp constantly swivels his hips when turning a hallway corner or if his daughter tries to reach for a hug. It's his way of working on avoiding a "defender" trying to snare the flag. That approach has earned the receiver out of Coastal Carolina four gold medals with USA Football. The 31-year-old fully plans on going for more gold in Los Angeles. "You grow up watching Usain Bolt (win gold) and the 'Redeem Team' led by Kobe Bryant win a gold medal, you're always thinking, 'That's insane.' Obviously, you couldn't do it in your sport, because I played football," said Mapp, who owns a food truck in the Dallas area. "With the Olympics approaching, that (gold medal) is what my mind is set on." It's a common thought, which is why everything — including talent camps — starts now. "Everybody thinks, 'Yeah, the U.S. just wins,'" Daniels said. "But we work hard all the time. We don't just walk in. We don't just get off the bus thinking, 'We're going to beat people.'" Get local news delivered to your inbox!
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Supermarket giant Carrefour’s support for French farmers’ protests against a trade agreement between the European Union and the South American bloc Mercosur has sparked a strong reaction in Brazil, including a refusal to supply beef to Carrefour stores in Brazil. Carrefour CEO Alexandre Bompard announced in social media posts last week that the French company would stop buying beef from all Mercosur countries, which also include Argentina, Paraguay and Uruguay. Bompard wrote that he agrees with French producers' arguments that Mercosur beef is an unfair competitor due to lower production costs resulting from fewer environmental and sanitary requirements. The executive encouraged other retailers to follow suit. Brazil's Ministry of Agriculture called Bompard's move protectionist, saying it was made “without any technical criteria.” The decision also angered Brazil's meatpackers. Though France makes up just a tiny sliver of Brazil’s beef exports, meatpackers worried that Carrefour’s decision would hurt its reputation in other markets. Beef giants JBS and Marfrig halted supplies last Friday to Carrefour's extensive supermarket chain in Brazil, including the food warehouse giant Atacadao. Both companies refused to comment on the boycott to The Associated Press, but Minister of Agriculture Carlos Fávaro confirmed it. “We support the reaction of the meatpackers. If Brazil ́s beef isn’t good enough for Carrefour’s shelves in France, it isn’t good enough for Carrefour’s shelves in Brazil either,” Faváro told Folha de S.Paulo newspaper on Monday. Carrefour Group in Brazil acknowledged the boycott in a statement, though it said there's not yet a shortage of beef in stores. It said it has “esteem and confidence in the Brazilian agricultural sector, with which it maintains a solid relationship and partnership.” “Unfortunately, the decision to suspend the meat supply has an impact on customers, especially those who rely on the company to supply their homes with quality and responsible products,” the statement said. “It is in constant dialogue in search of solutions that will make it possible to resume the supply of meat to its stores as quickly as possible, respecting the commitments it has to its more than 130,000 Brazilian employees and millions of Brazilian customers countrywide.” The backdrop for the conflict is the EU-Mercosur trade deal, which would increase agricultural imports to EU countries from South America. French farmers fear it will affect their livelihoods. An initial agreement was reached in 2019, but negotiations have faltered since then due to opposition that also includes some European governments. Brazil’s agribusiness sector also fears that the pending European Union Deforestation Regulation will outlaw the sale of forest-derived products within the EU’s 27-nation bloc if companies can’t prove their goods are not linked to deforestation. Its scope includes soy and cattle, Brazil’s top agricultural exports. Almost half of the country’s cattle is raised in the Amazon region, where 90% of deforested land since 1985 has turned into pasture, according to MapBiomas, a nonprofit network. The date of its implementation remains uncertain. ___ The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.
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.