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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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Sep 12, 2026 / Tyler Durden
Left-Wing Media Doxxes And Attacks Black "Rogue" Lindsay Clancy Juror
Left-Wing Media Doxxes And Attacks Black "Rogue" Lindsay Clancy Juror
Critics say they have never seen a more egregious example of political groups and the media attempting to expose and destroy a juror for not making the decision they wanted.
During the Lindsay Clancy trial Judge William Sullivan sealed the identities of all 12 jurors until at least September 18th, citing safety concerns after the high-profile trial. An incident in which a woman was arrested for allegedly attempting to film and intimidate the jury added weight to the decision. Deranged feminist...
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Mar 7, 2026 / Tyler Durden
Trump Vows To Hit 'Loser' Iran 'Very Hard' As Pezeshkian Apologizes To Gulf Even As IRGC Attacks Expand
Trump Vows To Hit 'Loser' Iran 'Very Hard' As Pezeshkian Apologizes To Gulf Even As IRGC Attacks Expand
As the US-Israeli war on Iran grinds into its second week, having completed a full week of what's largely been escalation alongside no real efforts at talks, the rhetoric on all sides is still expanding just as fast as the missile exchanges. Iran continues to get bombed very intensely, while several overnight ballistic missile and drone waves hit Israel.
The biggest development is that Iranian President Masoud Pezeshkian says Tehran will never capitulate,...
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Apr 21, 2026 / Tyler Durden
US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)...
Source: Bloomberg
...extending its bounce off record lows...
Source: Bloomberg
“Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” NAR Chief Economist Lawrence...
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