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Tower Stocks Soar, Big Three Wireless Carriers Puke As SpaceX Strikes Low-Band Spectrum Deal
Tower Stocks Soar, Big Three Wireless Carriers Puke As SpaceX Strikes Low-Band Spectrum Deal
Summary
The Rise of Starlink Mobile
Tower Stocks Jump; Carrier Stocks Tumble
Musk says this is the "last critical piece of the spectrum puzzle needed for SpaceX to provide complete phone coverage in America."
SpaceX Secures Spectrum Deal To Challenge Big Telecom
Tower Stocks Erupt, Carriers Puke
Elon Musk's SpaceX announced overnight that it agreed to acquire a nationwide portfolio of low-band spectrum licenses, which it will combine with its satellite-to-cell services to create a next-generation mobile carrier to challenge the Big...
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Oct 7, 2026 / Tyler Durden
15 Economies Sign US-Led Statement Against Industrial Overcapacity; China, Russia, Brazil, Saudi Arabia Sit It Out
15 Economies Sign US-Led Statement Against Industrial Overcapacity; China, Russia, Brazil, Saudi Arabia Sit It Out
Trade ministers from 15 economies, including the United States, South Korea and Japan, signed a joint statement to build sector-specific platforms addressing manufacturing overcapacity, the U.S. Trade Representative's office said Wednesday, according to Seoul Economic Daily. The effort is effectively directed at China, which did not sign. The statement does not name the country.
Building on the productive discussions at the G20 Trade Ministerial in Milwaukee, fourteen economies joined the U.S. in signing a Joint...
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Sep 28, 2026 / Tyler Durden
Why Record Heat Failed To Lift US Natural Gas Prices
Why Record Heat Failed To Lift US Natural Gas Prices
Authored by Julianne Geiger via OilPrice.com,
Henry Hub natural gas averaged $2.93 per million British thermal units from June through August, 6% below the same period last year, even with the Lower 48 posting its hottest July on record.
Average temperatures across the Lower 48 reached 77°F in July, according to NOAA, pushing electricity demand higher as air conditioners ran harder.
Solar and wind took a large share of that extra power demand.
Solar generation increased by an estimated 19.4 billion kilowatt-hours from June...
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Mar 13, 2026 / Tyler Durden
Inflation Fears Fade As War Drags UMich Sentiment Lower
Inflation Fears Fade As War Drags UMich Sentiment Lower
After rebounding solidly in January and February, expectations were for a modest decline in UMich Sentiment in preliminary March data and analysts were right but the 55.5 print (from 56.6 prior) was better than the 54.8 expected.
Current Conditions actually improved, surprising to the upside (57.8 vs 56.6 prior vs 54.9 exp)
Expectations fell more than expected (54.1 vs 56.6 prior vs 54.5 exp)
Current Conditions are at their highest level since October while expectations are at their lowest since November.
Source: Bloomberg
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