Satellite Communications

EchoStar Corp (NASDAQ:SATS) shares are trading lower on Friday. The company reported adjusted fourth-quarter earnings per share of $1.21, beating the analyst consensus of $(0.10) loss.  The company reported quarterly revenues of $4.163 billion, beating the street view of $3.895 billion....

On Wednesday, August 2, 2023, Cathie Wood-led Ark Invest made several significant trades, the most notable being a substantial purchase of shares in Iridium Communications Inc (NASDAQ:IRDM). This move comes in the wake of recent developments around Iridium, including the approval of an additional...

Luxembourg-based satellite telecom company SES SA (OTCPK: SGBAF) is in talks with rival Intelsat SA to create a new satellite company. What Happened: SES SA engaged in discussions regarding a possible combination with Intelsat, the company said in a statement. However, at this stage, there is no...

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Globalstar's Bumpy Ride: One company that has been a star...

China’s Huawei Technologies Co., Ltd. unveiled its latest flagship smartphone with satellite communications capabilities on Tuesday, leaving behind market leaders Apple Inc (NASDAQ: AAPL) and South Korea’s Samsung (OTC: SSNLF), which are also working on satellite connectivity. What...

Globalstar Inc. (NYSE: GSAT) shares are trading higher Wednesday, possibly bouncing back after the stock saw a strong down day on Tuesday after the company did not receive a partnership with Apple Inc. (NASDAQ: AAPL), despite rumors that a collaboration between the companies could be happening...

A recent regulatory filing by satellite communications provider Globalstar Inc. (NYSE: GSAT) has “nothing to do” with tech giant Apple Inc. (NASDAQ: AAPL), according to Mark Gurman, a leading Apple watcher. What Happened: Globalstar’s filing with the Federal Communications...

Iridium Communications Inc’s (NASDAQ: IRDM) sharp subscriber growth over the past four years has caught the popular money manager Cathie Wood’s attention and despite the satellite communications provider’s recent annual loss, the stock has fetched handsome returns over the years....

Apple Inc’s (NASDAQ: AAPL) satellite-based feature for emergency situations will not be available on the highly-anticipated iPhone 13 at the time of launch, as per Bloomberg's Mark Gurman.  What Happened: In his latest weekly technology newsletter Power On, Gurman said the...

Apple Inc (NASDAQ: AAPL)’s plans to bring satellite capabilities in future iPhones will be limited to emergency situations, Bloomberg News reported on Monday, citing a person familiar with the matter. What Happened: The Cupertino, California-based technology giant is developing at least two...

What's Moving: Globalstar Inc (NYSE: GSAT) shares are trading about 30% higher at $1.86 in the pre-market session on Monday. The Covington, Louisiana-based satellite communications company's shares last closed 5.9% higher at $1.43 on Friday. Why Is It Moving: GSAT shares are...