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Tim Cook's Apple And Elon Musk's SpaceX Engage In A Heated Battle Over Satellite Tech And App Control: Report
Tuesday, April 1, 2025 - 3:06am | 628Read More...The reported rivalry between Tim Cook‘s Apple Inc. (NASDAQ:AAPL) and Elon Musk‘s SpaceX is heating up over satellite technology designed to eliminate cellphone dead zones. What Happened: Apple is pouring significant resources into satellite-based communications, while SpaceX has already...
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Why Morgan Stanley Is Downgrading Globalstar After Strong Rally
Friday, January 22, 2021 - 5:07pm | 261Read More...Globalstar, Inc’s (NYSE: GSAT) stock has rallied in the recent weeks, rising 266% year-to-date and 297% over the past three months, and valuation looks full, according to Morgan Stanley. The Globalstar Analyst: Simon Flannery downgraded Globalstar from Equal-weight to Underweight with an...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340Read More...U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Kerrisdale Capital Confirms It Is Shorting Shares of Globalstar, Inc.
Monday, October 6, 2014 - 11:03am | 221Read More...Kerrisdale Capital announced last week that it will reveal its “best short” idea on Monday. Rumors quickly circulated that Kerrisdale Capital would reveal a short position in Globalstar, Inc. (NYSE: GSAT), rumors which turned out to be accurate. On Monday morning Kerrisdale Capital...
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Analysts Defending Globalstar, Inc.; Shares Bounce Back After Morning Fall
Thursday, October 2, 2014 - 4:11pm | 329Read More...Rumors circulated on Wednesday across trading and news desks that Kerrisdale Capital is rumored to hold a short position in Globalstar, Inc. (NYSE: GSAT) following a Tweet by Kerrisdale Capital: Announcement! We're presenting on new multibillion-dollar short Monday, Oct 6. It's the best...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822Read More...U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
