Shares of Globalstar rallied strongly on April 2, 2026, climbing nearly 14% to $78.10 in premarket trading. The satellite communications company, known for providing global voice and data services and supporting IoT and enterprise connectivity, is reportedly in acquisition talks with Amazon.com. According to a report by Financial Times, discussions between the two companies are
US stocks opened lower on Thursday, the final session of a holiday-shortened week, after President Donald Trump signaled an escalation in the Iran conflict, dampening hopes for a near-term resolution and pushing oil prices higher. The Dow Jones Industrial Average fell about 637 points, or 1.3%, while the S&P 500 declined 1.3% and the Nasdaq
Tesla Inc. reported on Thursday that it manufactured 408,386 vehicles in the first quarter of 2026 but delivered only 358,023, falling short of analyst expectations. Prior consensus estimates, released by the company ahead of the announcement, had projected deliveries of approximately 365,645 vehicles. Breaking down the figures, Tesla produced 394,611 units of its Model 3
Russian oil export infrastructure has suffered significant disruption after Ukrainian drone attacks damaged a substantial portion of storage capacity at key Baltic Sea ports, according to satellite imagery reviewed by Reuters. Images captured at the end of March and supplied by US spatial intelligence firm Vantor show that at least 40% of storage facilities at
Shares of General Motors fell about 4% on Thursday after the company reported a sharp decline in first-quarter sales, highlighting mounting pressure on the auto industry from high borrowing costs, elevated vehicle prices, and rising fuel costs. The Detroit-based automaker said it sold 626,429 vehicles between January and March, marking a 9.7% decline from a
Duolingo stock price has slumped this year and is now hovering near its lowest level since February 2023. It has erased most of the gains made in the past few years, with its valuation falling from over [MONEY value=”27000000000″ currency=”usd” notation=long” replace=”false”] to [MONEY value=”4630000000″ currency=”usd” notation=long” replace=”false”] today. Duolingo stock has slumped amid AI
US stocks opened higher on Wednesday, extending momentum from the previous session’s sharp rally, as investors grew increasingly hopeful that the conflict between the United States and Iran could be nearing an end. Markets were buoyed by comments from Donald Trump and Secretary of State Marco Rubio, who indicated that the war could soon wind
Intel said it will spend $14.2 billion to buy back the 49% stake it previously sold to Apollo Global Management in its Ireland manufacturing facility, marking a significant step in its turnaround strategy as demand for artificial intelligence infrastructure gathers pace. The transaction will restore full ownership of the Leixlip-based plant to Intel, underscoring its
Airbus share price has moved into a bear market after falling by over 27% from its highest point this year. It dropped to €157 this week, down sharply from the year-to-date high of €220. This article provides what to expect in April when the company publishes its earnings. Airbus share price technical analysis points to
Alphabet Inc.’s Google is facing mounting pressure from child development experts to stop AI-generated videos from being shown or recommended to children on YouTube and YouTube Kids. On Wednesday, over 200 experts, organisations, and educational institutions sent a letter to Google CEO Sundar Pichai and YouTube CEO Neal Mohan, raising concerns about the educational value