Globalstar’s stock is soaring. Amazon is buying the company to challenge Elon Musk and Starlink.
Globalstar’s stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.
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MBFC: Least Biased; financial data-driven coverage
Globalstar’s stock is heading toward an 18-year high on the back of an Amazon buyout deal, and has quadrupled over the past 12 months.
“I’m 60 and my wife is 62. She has already filed for her Social Security.”
It didn’t happen right away this time, but investors who held through March’s market tumult are finding that the classic geopolitical playbook for the U.S. equity market is finally starting to pay off.
Novo Nordisk is working with OpenAI on a broad deal that will use artificial intelligence to more quickly develop new medications as well as help train its workforce.
The British oil company expects significantly better performance in oil trading this quarter compared with the previous one.
“They now intend to bill us for seven to eight months of storage fees.”
Hype around Elon Musk, a major moon mission and space-based data centers is driving interest in the sector.
Citigroup and BlackRock Investment Institute have both turned bullish on U.S. stocks. They say tech dominance is a part of that.
Jim Grant is worried about the impact on inflation, not just of the war, but also about how central banks now bake it into their monetary policies
Fashion icon Kenneth Cole has listed his sprawling upstate New York home for $16 million—after letting George Clooney rent out the dwelling during his “Good Night, and Good Luck” Broadway run.
The WNBA’s latest labor agreement paved the way for the league’s wealthiest rookie class ever
Many investing professionals probably expected the S&P 500 would fall on Monday. Instead, the index rose by a full percentage point, finishing at its highest level in almost six weeks.
Stocks of a number of consumer discretionary sector companies were falling amid worries that rising gasoline prices as a result of the latest escalation in the Middle East conflict would hurt consumer sentiment and spending.
As streaming costs go up, viewers are looking for better deals — and many say they’d watch more ads for lower prices, a new survey shows.
It’s “a move away from a one-size-fits-all framework for Alzheimer’s disease.”
The debate over whether copper-based connectivity will be replaced by optical solutions in the artificial-intelligence build-out has weighed on Credo Technology’s stock so far this year, but one analyst sees that concern as a “significant disconnect” from reality.
The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports. President Donald Trump and the Pentagon both said the blockade would be starting at 10 a.m. Eastern.
There’s too much focus from investors on the war in Iran, analysts led by Max Kettner wrote in a note.
Investors should be keeping a close eye on the difference between Brent and U.S. crude, which is sending a message that market worries over the crisis in Iran have peaked, says Morgan Stanley.
A strategist argues Viktor Orban’s defeat was against the prevailing trend, but the Iran war will cement a new global regime of deglobalization, state expansion and stubborn inflation.
Tobias Adrian, the IMF’s monetary and capital-markets director, says incentives today are better aligned among issuers of private credit and investors in it than was the case when subprime mortgage debt fueled the global financial crisis.
The S&P 500 information-technology sector’s forward P/E ratio is at its lowest relative to five-year averages among all sectors in the index.
The U.S. blockade of Iranian ports could accelerate the drawdown in global oil inventories, further tightening near-term supply and pushing back hopes of market normalization into mid-May, according to Société Générale.
For many years China was out of favor among global asset allocators after its big tech crackdown, the trade war with America and a burst real-estate bubble
Wholesale prices posted a big increase in March for the fourth month in a row in another sign inflation has heated up due to surging oil prices, but aside from energy, the cost of other goods and services were relatively tame.
JPMorgan beat earnings expectations amid record market revenue, but a downbeat outlook for net interest income hurt the stock.
The world’s biggest asset manager beat earnings forecasts after a surge into its exchange-traded funds
Oil futures on Tuesday fell further below $100 as hopes rise that the U.S. and Iran may soon reach a peace deal.
The Iran war has caused the biggest rise in global energy inflation in 25 years, according to calculations made by an economist tracking government data.
A published report says that United Airlines has pitched senior government officials on whether it could get permission to merge with American Airlines, a transaction that if completed would lead to carrier controlling a third of the market.
The WTI-Brent spread isn’t telling the whole story about what is going on in the oil market.
Some investors may choose to snatch up shares in Elon Musk’s rocket maker instead of Tesla, an analyst warned.
The U.S. dollar is up this year, based on Monday afternoon trading levels, following failed talks between the U.S. and Iran over the weekend to end the conflict in the Middle East.
The Iran war has turned counterdrone technology into the defense sector’s fastest-growing niche.
Real-estate agents turn gloomy as home sales fall to a nine-month low.
Medicare doesn’t pay for custodial care. That makes end-of-life decisions even harder for families.
“He spent $1,000 on his girlfriend at Christmas and several hundred dollars on each of her children.”
Goldman’s earnings and revenue beat expectations, but not by as much as investors had hoped.
Higher bond yields have been hitting secular growth stocks, but that may be about to change
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
Here’s why your family is likely to end up in court if something happens to you.
Every dollar you don’t need to borrow for higher education is worth the effort, even if asking for a discount feels uncomfortable
The U.S. and global economies were poised to accelerate this year before the Iran war. But now, a global watchdog warns of big trouble if a peace deal proves elusive and the conflict gets any worse.
Citigroup’s stock was rallying, bucking the postearnings weakness seen in shares of its big-bank peers.
The fourth-largest lender in the U.S. said its outlook for net interest income and noninterest expense in 2026 has remained unchanged
The April FMS was eagerly awaited given the oil price shock caused by events in the Middle East. While sentiment darkened, though, investors seem reluctant to cut risk significantly.
The healthcare giant saw sales of medications, which include Darzalex and Tremfya, increase 11% in the first three months of the year
“My brothers and I are willing to split the cost of life insurance for her, if we can find a policy.”
Pop sensation Pink has reportedly snapped up a historic $21.5M townhouse, after revealing she had relocated her family from California to the New York to support her daughter’s Broadway dream.
The chip maker’s stock is already richly valued, an analyst says, but a key catalyst is still on the way
Investors searched for bargains Monday, analysts say, after last week’s sharp selloff over worries about the threat from Anthropic’s Claude Mythos
Buying and selling a home can be the most significant financial decisions that families face.
A reported leaked memo from OpenAI’s revenue chief signals a deepening rift with Microsoft, as the ChatGPT creator deepens its relationship with Amazon.
The stock market’s “Halloween Indicator” is statistically significant during just one year of the presidential cycle.
A careful selection of maturities for U.S. Treasury securities and bank CDs can protect you against interest rate risk while safeguarding your cash.
The investment bank has consistently rewarded its shareholders.
The stock market is now too big to fail, Bank of America’s Michael Hartnett reckons. So no rate increases before the midterms and a Sino-American detente in May
With 80% equity cushions and 10-year lockups, Wall Street’s “anti-banks” won’t face a “Lehman moment.”
“They cashed the check 10 days after the wedding.”
Any investor who has a time horizon of at least three months should use any weakness in stocks to buy, says a new research note from JPMorgan strategists.