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Blade Air Mobility entered into an agreement with Newport Helipad to operate and revitalize the Newport Helistop, located in Newport, Jersey City, New Jersey, subject to the execution of definitive documentation. As part of the agreement, Blade will manage and operate the Helistop on behalf of Newport for both Blade flights and third-party operations. The Helistop is located on the Hudson River waterfront, approximately 3,800 feet from Manhattan. This arrangement will create an additional amenity for the businesses and residents of Newport and beyond, as well as Blade's client base. It will demonstrate the proper processes and working relationships required to safely grow urban air mobility in the greater New York City metropolitan area using conventional aircraft today, while preparing for the deployment of Electric Vertical Aircraft in the near future. Under the agreement, Blade will begin a pilot program for charter flights and explore the viability of the first ever scheduled, by-the-seat service between the Helistop and local New York City area airports and heliports, providing a convenient travel option for commuters, particularly for Newport tenants and employees of major banks and corporations that maintain large office presences around the Helistop. A flight from the Helistop to JFK Airport will take approximately 5 minutes versus up to 2 1/2 hours by car. The agreement will also provide Blade with the opportunity to construct an exclusive-use, Blade-branded terminal at the Helistop to facilitate safe and efficient operations for Blade flights and provide lounge amenities for Blade fliers.

Vertical Aerospace announced that South Korean mobility technology company, Kakao Mobility, has pre-ordered up to 50 of Vertical's VX4 aircraft, adding South Korea to Vertical's list of customer launch markets. Vertical and Kakao Mobility will establish a Joint Working Group, or JWG, to drive the commercialization of AAM services in South Korea, including the exploration of network and fleet planning, infrastructure requirements, regulatory development, and consumer awareness of eVTOL mobility solutions.

Carpenter Technology Corporation will hold an investor event covering the company's strategic priorities and financial goals. The presentation will also be broadcast live via webcast. "Carpenter Technology is at an inflection point, with the opportunity to realize meaningful, profitable growth", said Tony Thene, President and CEO. "We participate in high growth, high value markets, including the aerospace and defense and medical end-use markets. And we have the world-class capabilities and assets that deliver the materials solutions our customers need. Operating in a strong demand environment with our unique portfolio of material solutions, we are well-positioned to accelerate growth. Primarily driven by higher prices, an improving product mix and increasing volumes, we see a path to double operating income from fiscal year 2019 levels by fiscal year 2027. This operating income growth will deliver meaningful cash flow over the next several years, driving further value to our shareholders." In addition to providing insight into the business, the Company will provide detail on its stated goal to double fiscal year 2019 adjusted operating income by fiscal year 2027: Specialty Alloys Operations segment expected to exceed 20 percent adjusted operating income margins on net sales excluding surcharges of approximately $2.2 billion to 2.4 billion in fiscal year 2027. Performance Engineered Products segment expected to reach adjusted operating income margins of 13-15 percent on $570 million to $610 million of net sales excluding surcharges in fiscal year 2027. Overall, expected to generate $400-600 million in cumulative adjusted free cash flow between fiscal year 2024 and fiscal year 2027.

Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of March 31, 2023. The fund's nine new buys during the quarter included, by size of position, TSMC (TSM), Apple (AAPL), XP Inc. (XP), Lam Research (LRCX), and Applied Materials (AMAT). Tiger exited eight holdings during the quarter, including by size of previous position AppLovin (APP), Qualtrics (XM), Warby Parker (WRBY), Joby Aviation (JOBY), and PDD Holdings (PDD). The fund increased its stake in 12 holdings, including by size of previous position Alphabet Class A (GOOGL), Microsoft (MSFT), Amazon (AMZN), Take-Two (TTWO), and Intuit (INTU). Tiger reduced its stake in 21 holdings, including by size of previous position Kanzhun (BZ), Snowflake (SNOW), SentinelOne (S), Spotify (SPOT), and Pagaya Technologies (PGY). The fund's top holdings as of March 31, in order of size, were Microsoft, Meta Platforms (META), JD.com (JD), Amazon, and Alphabet Class A.