Telecom

Globalstar stock rose following a report Amazon is in talks to buy the satellite operator. Apple will have something to say about the deal.

SpaceX is planning to bring high-speed data direct from the stars to your phone.

Oil executives see higher prices, March jobs data expected to show improvement, SpaceX reminds us disruption is coming, and more news to start your day.

Norwegian Cruise Lines rises to become the best performing stock in the S&P 500 index.

Telecom EchoStar holds about $11 billion worth of stock in Musk’s SpaceX, acquired when it sold wireless spectrum to the rocket company.

Oil surged to nearly $120 a barrel on Thursday, weighing on stocks. Plus, lessons from the metaverse.

Oracle’s AI momentum builds, Ackman entices new fund investors, Saudi Aramco plans to bypass Strait of Hormuz, and more news to start your day.

Wall Street has shown a tendency to punish big spenders lately.

Vertiv, Lumentum, EchoStar, and Coherent are set to join the S&P 500 on March 23, as part of a quarterly rebalancing.

AST SpaceMobile stock was gaining as it got a new partner and investor, even as it faces the threat of Elon Musk's Starlink.

Dycom announced fiscal fourth-quarter earnings per share of $2.03 from sales of $1.46 billion. Wall Street was looking for $1.82 and $1.35 billion, respectively.

MongoDB, Archer Aviation, and more stocks fall amid a busy earnings week as financial guidance underwhelms investors.

Paramount Skydance stock rises after Warner Bros. Discovery says it will restart deal talks with the company.

AppLovin and Cisco slide after reporting earnings while Fastly soars on better-than-expected quarterly profit and solid guidance.

AST SpaceMobile stock was falling Thursday, having more than tripled over the past 12 months.

Robinhood reports weaker-than-expected growth in the fourth quarter while shares in Moderna tumble after the company says the Food and Drug Administration refuses to review a seasonal flu vaccine application.

Johnson’s move appears to have stiffened investors’ spines. On Feb. 6, the day after the purchase was disclosed, shares jumped 29%.

The wireless carrier missed Wall Street’s earnings target as fewer customers than expected signed up for its plans.

Kyndryl’s chief financial officer, David Wyshner, departs the company amid a review of its accounting practices.

Verizon’s networks chief made his first sale of company stock in more than two years, a filing shows.

The CEO of the mobile carrier’s consumer group is exiting the company.

Blue Owl Capital, which has the most exposure to private credit among the leading alt managers, dropped 10.5% to $12.05.

EchoStar stock was up early Tuesday, which is an endorsement of the SpaceX, xAI merger.

Strategy, Coinbase and Robinhood stocks tumble after the price of Bitcoin drops to a 10-month low.