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Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race
Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race
Globalstar shares surged 12% in premarket trading in New York...
...marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.
The FT cited people familiar with the Amazon-Globalstar talks and said both sides are still negotiating over "some of the complexities," including the fact that Apple owns a 20% stake in the satellite communications company, which...
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Feb 28, 2026 / Tyler Durden
Ayatollah Killed After Strikes On Iran, Israel Claims
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Dysfunction, decadence, depravity and a death cult: that, in a nutshell, sums up the mindset now at the heart of the Trump administration. Troubling reports have surfaced that apocalyptic Christian rhetoric is being used to justify the Trump administration’s attacks on Iran as part of an “end-times” struggle between good and evil. “President Trump has been anointed […]
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Mar 5, 2026
US lost nearly $2B worth of military equipment in first 4 days of strikes against Iran
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