Wall Street Breakfast The year of the robot approaches
Dec 3, 2025
The White House plans to prioritize robotics with a potential executive order in 2026. Private payrolls took a surprising hit in November, contrasting with expectations for government growth. Meanwhile, Archer Aviation is launching a futuristic air taxi network linking South Florida cities. On the corporate front, big names like Nike and Lacoste faced greenwashing allegations, leading to advertising bans. Stock reactions included a plunge for Pure Storage amid mixed signals in the tech market.
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U.S. Pushes Robotics As AI Priority
- The White House plans to prioritize robotics within its AI agenda to boost U.S. competitiveness.
- Policymakers aim to close the gap with China, which leads in industrial robot deployment.
Air Taxis Planned For South Florida
- Archer Aviation plans an air taxi network linking Miami, West Palm Beach, Boca Raton and Fort Lauderdale.
- The service will also connect the region's major international and strategic GA airports.
Mixed Stock Reactions After Earnings
- Market reactions varied after earnings: Okta was choppy and Pure Storage plunged despite revenue beats.
- Microchip rallied after revising revenue and EPS above estimates to the high end of guidance.