SGU
NYSE · Utilities
Star Group Lp
$12.54
-0.01 (-0.08%)
SGU News30 articles
Shake Shack Surges on Starboard Stake, Market Value Jumps $229M
Shake Shack shares surged 8.6% after Starboard Value took a stake, boosting market value by $229M, nearly matching 2026 EBITDA guidance.
AT&T Stock Slips as SpaceX Unveils Starlink Mobile Network
AT&T shares dropped 2% as SpaceX revealed Starlink's terrestrial mobile network, raising competitive fears. Verizon and T-Mobile also declined.
Upstart Stock Jumps 10% on Strong Q2, But Flat Outlook Caps Gains
Upstart (UPST) surged 10% in after-hours trading after Q2 revenue and EBITDA beat, but flat full-year guidance and elevated UMI signal caution.
EchoStar's Hughes Bankruptcy: Contract Backlog Won't Cover Matured Debt
Hughes Satellite Systems filed Chapter 11 after $1.5B bonds matured. Only $406M of its $1.4B contract backlog is due within a year, leaving a funding gap.
SpaceX Faces Dual Pressures: Starlink Funding Gap and Upcoming Share Unlock
SpaceX's Q2 report is overshadowed by Starlink's thin contribution to AI spending and a massive share unlock. Investors question internal funding.
SpaceX Shares Slip as AI Spending Outpaces Starlink Profit
SpaceX (NASDAQ:SPCX) shares slipped 1.5% premarket as Starlink's operating profit covers only 13.9% of AI capital spending. Q2 results due Tuesday.
Starbucks Beats Earnings but Margin Growth Stays Modest
Starbucks delivered strong Q3 sales and earnings beats, yet North American margins improved only slightly. Shares rose 1.9% for the week as guidance was raised.
SpaceX Stock Slips Ahead of Q2 Earnings Despite Starlink Launch Milestone
SpaceX shares dropped 3.4% to $108.37 after a Starlink launch, with Q2 earnings due Tuesday. Analysts expect revenue near $6.9 billion.
Starbucks Q3 Beats Estimates, Shares Jump 5.6% After Hours
Starbucks shares surged 5.6% in after-hours trading after the coffee chain reported better-than-expected Q3 results, driven by higher customer traffic. Global same-store sales rose 7.9%, topping forecasts.
SpaceX Starship Heat Shield Passes Stress Test, Stock Hits Record Low
SpaceX's Starship Flight 13 validated heat shield tile performance under extreme conditions, but shares dropped to a record low of $108.66 before closing at $113.50.
SpaceX Shares Face Pressure Ahead of Major Lockup Expiry After Starship Test
SpaceX shares ended the week down 7.2% at $115.07, despite a successful Starship Flight 13 that deployed 20 V3 satellites. A looming lockup expiry of 911.5 million shares on August 6 threatens to add selling pressure.
SpaceX Starship Flight 13 Tests V3 Satellites, Booster Landing Fails
SpaceX's Starship Flight 13 successfully deployed 20 Starlink V3 satellites, but the Super Heavy booster crashed into the Gulf, highlighting reusability challenges.
SpaceX Flight 13 Launches But Fails to Boost Starlink Capacity
SpaceX's Starship Flight 13 launched on July 24, 2026, but the 20 V3 Starlink demonstration satellites are on a suborbital trajectory and will not add capacity.
SpaceX Starship Flight 13 Rescheduled; Heavy Short Interest Looms
SpaceX's Starship Flight 13 moved to Friday due to weather, with 56% of free float shorted. Traders eye Monday gap risk after the post-IPO test.
Sky Quarry Stock Surges on Record Trading Volume Ahead of Refinery Restart
Sky Quarry shares surged 34.4% on heavy trading volume, far exceeding the company's total outstanding shares, as speculation builds around a planned refinery restart in Nevada.
ARK Invest Boosts SpaceX Stake Amid Pre-Starship Selloff
ARK Invest increased its SpaceX holdings by 20% on Friday, acquiring 147,805 shares as the stock fell 14.7% for the week ahead of Starship's retry.
SpaceX Stock Plunges After Starship Abort, $53B Value Erased
SpaceX shares dropped 4.52% in premarket trading after the Starship Flight 13 abort, erasing about $53 billion in implied equity value.
SpaceX Faces $1.24 Trillion Valuation Hurdle Ahead of Starship Test
SpaceX must add $1.24 trillion in value to reach Evercore's $230 target, making Thursday's Starship test a critical checkpoint. Shares closed at $136.08.
AT&T's 12% Cash Yield Faces Starlink Test as Pricing Pressure Mounts
AT&T shares edged up 0.8% over two days, even as Bernstein slashed its price target 17% citing Starlink threats. The stock's 12% free-cash-flow yield and 5.2% dividend offer value, but pricing moves and satellite competition keep investors cautious.
SpaceX Reuses IPO Falcon 9 in 32 Days as Starlink Economics Face Scrutiny
SpaceX reuses IPO-day Falcon 9 in 32 days, showcasing rapid turnaround as Starlink economics face market test. Shares remain near offer price.
SpaceX Starship Flight 13: Key Test for Satellite Deployment and Investor Sentiment
SpaceX's Starship Flight 13 on July 16 will test satellite deployment and engine relight, with investors eyeing the stock's performance after a 10.3% drop.
Starbucks Gains $2.9B Market Cap on AI Software Savings Target
Starbucks shares jumped 2.45% on Thursday, adding $2.9B in market cap, after a report highlighted its AI software cost-cutting targets.
FCC Approves Reflect Orbital's First Sunlight-Reflecting Satellite; Startup Eyes 50,000 Satellites by 2035
The FCC has approved Reflect Orbital's first test satellite, Earendil-1, marking a small step toward the startup's goal of deploying 50,000 satellites by 2035 to beam sunlight to Earth.
AT&T's Dividends Lure Income Investors Amid Starlink Threat
AT&T shares slip 0.4% as dividend yield attracts buyers, but Wells Fargo downgrade highlights Starlink risk. Earnings report set for July 22.
AT&T Faces Starlink Threat as Wells Fargo Turns Bearish Ahead of Q2 Earnings
Wells Fargo starts AT&T at underweight, citing Starlink threat. Shares slip as analysts debate satellite competition. Q2 earnings due July 22.
SiriusXM Hit With Trademark Suit Over Star-and-S Logo; Q2 Earnings Loom
SiriusXM is sued by Screendollars over its new logo, alleging trademark infringement. Shares slipped from a 52-week high as the July 30 Q2 earnings report approaches.
Sky Quarry Shares Surge on Restart Hopes, Trading Volume Exceeds Market Cap
Shares of Sky Quarry jumped 26.9% to $2.69, with trading volume of 21.3 million shares, or $57.2 million, over 4.5 times its $12.8 million market cap, driven by the company's Nevada refinery restart plan.
Fiserv Shares Jump on STAR Network Sale Speculation
Fiserv shares surged 6.1% in premarket trading after reports emerged of potential sale of its STAR debit network to major US banks, boosting market value by $1.7 billion.
AT&T Stock Gap to Analyst Targets Widens Amid Starlink Concerns
AT&T shares hover near $20.58 as the gap to Wall Street's $30.39 average target widens, but Starlink fears and dividend yield dynamics keep investors cautious.
AT&T Faces Dual Pressure as Dividend Date Nears Amid Starlink Concerns
AT&T shares fell 9.4% last week, wiping out roughly $18 billion in market value, as Starlink's potential mobile entry spooks investors. The dividend record date is July 10.