Goldman Sachs Warns Retail Traders to be Cautious on Flying Car Stocks

Goldman Sachs warns that retail traders' enthusiasm for flying car stocks, such as Archer and Joby Aviation, may be overhyped due to high risks involved. The bank initiated a "Sell" rating for Joby and "Neutral" ratings for Archer and Eve Holdings, citing regulatory hurdles and capital requirements. Only BETA Technologies received a "Buy" rating, with the analysts noting that the recent sell-off presents an attractive entry point.