Sirius Xm Holdings Inc

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.

SpaceX launched SiriusXM's SXM-11 satellite, eliminating launch risk. The market's attention now turns to how quickly the satellite begins service, with the 74-day SXM-10 benchmark in focus.

NASA contracts Katalyst Space for a satellite boost mission, SpaceX launches SXM-11 for Sirius XM, oil prices rise on Hormuz tanker imbalances, and Lazard offers a high dividend yield amid financial concerns.

Sirius XM shares jumped 6.8% to $28.90, driven by a new NASCAR deal and CFO's conference comments, as Q1 subscriber losses beat expectations.

SiriusXM shares rose 0.9% after Q1 self-pay subscriber losses of 111,000 were far less than expected, while free cash flow surged 205% to $171 million.

SiriusXM and iHeartMedia are in early-stage merger discussions, Bloomberg reported. A tie-up would create a $12 billion audio powerhouse, combining satellite, broadcast, and podcast assets.