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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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Jun 23, 2026 / Vincent Cook
From Scholasticism to Enlightenment Liberalism
The intellectual path from Ancient Greece to modernity is littered with the path of numerous philosophers, movements, and events, both peaceful and violent that have shaped thinking throughout the ages.
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Mar 16, 2026 / Tyler Durden
Florida Passes Voter ID Bill Modeled After SAVE Act
Florida Passes Voter ID Bill Modeled After SAVE Act
Authored by Jill McLaughlin via The Epoch Times,
The Florida Legislature passed new election legislation modeled after President Donald Trump’s proposed SAVE America Act.
House Bill 991, sponsored by state Rep. Jenna Persons-Mulicka, passed along party lines by a vote of 83 to 31.
“We are the Election Integrity State!” Persons-Mulicka wrote on X after the vote.
Sponsors of the bill moved the effective date to appease critics who feared the new identification requirements would discourage some voters from participating in midterm elections. The new...
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Jun 15, 2026 / Tyler Durden
Nvidia To Raise $20BN In Debt From First Bond Sale Since 2021, As AI Debt Frenzy Goes Parabolic
Nvidia To Raise $20BN In Debt From First Bond Sale Since 2021, As AI Debt Frenzy Goes Parabolic
Over the weekend, we published a length report analyzing what we dubbed "the $1.8 trillion off-balance sheet time bomb at the heart of the AI supercycle", which focused on the recent surge in popularity of off-balance sheet SPVs, as well as $1 trillion in long-term purchase commitments, and $800bn in lease commitments, which support the AI buildout, and do so by masking the true funding costs of the AI buildout, yet which...
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