--- title: "U.S. stock market midday update: Archer Aviation up 9%: Acquires three major businesses from Boeing, financial report shows losses but still in demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/295833175.md" description: "Archer Aviation rose 9.05%; Rocket Lab fell 0.91%, with a transaction volume of USD 1.049 billion; GE Aerospace fell 0.69%, with a transaction volume of USD 493 million; Boeing fell 0.43%, with a transaction volume of USD 376 million; Raytheon Technologies fell 0.85%, with a market value of USD 297.7 billion" datetime: "2026-08-13T18:34:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295833175.md) - [en](https://longbridge.com/en/news/295833175.md) - [zh-HK](https://longbridge.com/zh-HK/news/295833175.md) generator: "portal-rs" --- # U.S. stock market midday update: Archer Aviation up 9%: Acquires three major businesses from Boeing, financial report shows losses but still in demand **U.S. Stock Market Midday Update** Archer Aviation rose 9.05%. Based on recent key news: 1. On August 11, Archer Aviation announced the acquisition of three subsidiaries of Boeing, including Wisk Aero, SkyGrid, and Insitu. This move will allow Archer to gain drone and airspace management system technology, promoting the integration of eVTOL technology and expansion of military business. Boeing will hold approximately 20% of Archer's shares, enhancing its focus on commercial aircraft, defense, and aerospace core businesses. This news drove the stock price up by about 9%. Source: Zhitong Finance 2. On August 12, Archer Aviation's stock price rose nearly 14% after the company announced the acquisition of Boeing's Wisk Aero and two other companies. This transaction will provide Archer with autonomous flight technology and stable cash flow, enhancing its presence in defense, surveillance, and logistics. Source: Wall Street Insight 3. On August 11, Archer Aviation released its second-quarter financial report, showing a net loss widened to $263.2 million, but the company plans to enhance its technological accumulation and capital strength through the acquisition of Boeing's assets. This news boosted market expectations for its commercialization prospects. Source: Jinshi Data eVTOL industry policy support, significant capital inflow. **Stocks with High Trading Volume in the Industry** Rocket Lab fell 0.91%. Based on recent key news: 1. On August 13, Rocket Lab announced a new stock distribution agreement with Deutsche Bank and Wells Fargo, allowing the sale of up to $1.94 billion of common stock. This led to a 2.9% drop in the stock price during pre-market trading. Source: Reuters 2. On August 11, Rocket Lab reported a 62% increase in second-quarter revenue to $234 million, but the net loss narrowed to $49.3 million. Despite exceeding performance expectations, market concerns about the progress of the Neutron rocket led to stock price fluctuations. Source: Benzinga 3. On August 12, Cantor Fitzgerald raised Rocket Lab's target price from $96 to $122, stating that the Neutron rocket is "the most substantive catalyst." However, analysts' mixed outlook on the company's growth path kept investors cautious. Source: Zhitong Finance The aerospace sector has recently risen overall, with significant capital inflow. GE Aerospace fell 0.69%. Based on recent key news: 1. On August 11, GE Aerospace Vice President Robert M. Giglietti exercised employee stock options and sold 10,242 shares, leading to increased market attention on the company's internal transactions, which may affect the stock price 2. On August 13, GE signed a cooperation agreement with Blue Energy Company to launch the "Natural Gas + Nuclear Energy" project, demonstrating the company's strategic expansion in the energy sector, which may have a positive impact on its stock price. 3. On August 11, a JP Morgan report showed that global gas turbine orders reached a record high, with GE as one of the main suppliers. The growth in orders may drive the company's performance. The demand for gas turbines is strong, indicating a high industry boom. Boeing fell 0.43%. Based on recent key news: 1. On August 11, Boeing announced the delivery of 53 commercial aircraft in July, an increase compared to the same period last year, but a significant decline compared to June, affecting market expectations and leading to a drop in stock price. Source: MoneyDJ 2. On August 11, Argus Research upgraded Boeing's rating from Hold to Buy, with a target price of $265. Analysts pointed out that Boeing achieved positive cash flow this year, boosting market confidence. Source: Argus 3. On August 13, Boeing unveiled a new guidance device at a seminar in Alabama, aiming to reduce the cost of precision-guided weapons and drive stock price fluctuations. Source: Valhalla The overall demand in the aviation industry is strong, with significant policy support. **Stocks ranked among the top in industry market capitalization** RTX fell 0.85%, with increased trading volume. Based on recent key news: 1. On August 11, RTX's Collins Aerospace won a $472 million contract from the U.S. Army to support the modernization of the CH-47 Chinook fleet. This contract covers engineering services for upgrading avionics, aimed at integrating new capabilities, addressing obsolescence issues, and enhancing the avionics architecture. This news drove fluctuations in RTX's stock price. 2. On August 13, RTX announced third-quarter results, with revenue growth of 20% and adjusted EBITDA growth of 35%, mainly due to strong performance in defense, space, and critical industries. The 15-year contract signed with Raytheon UK and strategic acquisitions expanded backlog orders and future growth prospects, further impacting stock prices. 3. On August 11, Calian UK signed a 15-year agreement with Raytheon UK to support the British Army's collective training services program. This agreement provides support for RTX's long-term growth and affects market expectations for its future performance. 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