Satellite Broadband

Why SpaceX’s IPO Is Driving AT&T Stock Down Today

amefika1 day ago03 mins

AT&T (T) stock is under significant pressure on June 3 after Oppenheimer analyst Timothy Horan downgraded it to “Perform” and removed the price target entirely. In his research note, Horan issued a broad warning that satellite broadband is no longer a distant threat to AT&T now that SpaceX will debut on Nasdaq next week. More…

1 Overlooked Reason to Buy Amazon Stock Right Now

amefika7 days ago03 mins

Amazon (NASDAQ:AMZN) is finally back in favor of the market after a spectacular first quarter report that showed its incredibly high spending is generating incredible results. There was plenty of good news, including triple-digit growth in its chip business and a 170% increase in customer spending, quarter over quarter, on its Bedrock platform. But it…