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STFS News30 articles
AT&T Shares Drop on Starlink Threat and Index Removal
AT&T shares dropped 5% to a fresh 52-week low, pressured by Starlink mobile competition and removal from the Russell Top 50 Index.
EchoStar Falls as Dish DBS Bankruptcy Looms, Convertible Note Deadline Nears
EchoStar shares fell 1.5% as Dish DBS bankruptcy reports emerge, with the June 30 conversion deadline for $1.9 billion in convertible notes adding pressure.
Verizon Shares Slide on Starlink Threat, BT Deal Fails to Impress
Verizon shares fell 5.3% in premarket trading as Starlink's mobile ambitions outweighed its BT Group joint venture, pushing the dividend yield to 6.4%.
Maruti Suzuki Taps Battery Recycler, AI Startups for Strategic Edge
Maruti Suzuki picks five startups, including battery recycler MiniMines and four AI firms, to enhance EV strategy and efficiency. Stock closed 2.42% lower on NSE.
AT&T Slumps as Starlink-Cable Pact Rattles Telecoms
AT&T dropped 5.2% on Monday as news of a potential Starlink-Charter partnership and Comcast's breakup weighed on telecom stocks.
Luxury Home Sellers Embrace Startup Equity in Slowing Market
Luxury-home sellers turn to startup shares as the high-end property market slows. NovaGold narrows losses, Realty Income shows valuation upside, and Goldman Sachs pulls back after a 50% yearly gain.
EchoStar's ECHO Debut Slumps on AT&T Cash Dependence, SpaceX Index Event
EchoStar's new ECHO ticker dropped 6.5% in its first two sessions, with the $20.25B AT&T cash representing 71% of equity. The stock rebounded 1.7% Friday as investors eye deal closing and SpaceX's Russell index addition.
Polestar Faces U.S. Sales Ban, Pivots to Europe Amid Cash Concerns
Polestar (NASDAQ:PSNY) shares slid 5.7% after the U.S. denied authorization to sell 2027 models under new connected-vehicle rules, blocking future U.S. sales and raising funding risks as Q1 net loss widened to $383 million, cash fell to $676 million, and Europe now accounts for nearly 80% of retail sales.
SpaceX Starlink Launch Cadence Signals Revenue Strength as Short Interest Rises
SpaceX completed its 59th Starlink launch of 2026, adding 24 satellites. Short interest rose to 13% of free float as shares traded at $156.08, with Starlink revenue at $11.2B.
EchoStar Shares Drop 5% After Nasdaq Ticker Switch to ECHO
EchoStar shares dropped 4.8% to $98.92 after changing its Nasdaq ticker to ECHO, as the company awaits $20.25 billion from AT&T spectrum sale and faces a shrinking pay-TV business.
Webb Telescope Reveals Complete Star Formation Cycle in Orion
NASA's James Webb Space Telescope has captured all stages of star formation in a single image of the Orion A molecular cloud, providing an unparalleled near-Earth laboratory for studying stellar nurseries.
Starbucks accelerates India expansion, targets 50-100 new stores annually under Niccol
Starbucks is ramping up India expansion with plans for 50-100 new stores annually, as CEO Brian Niccol pivots from turnaround to global growth. The JV holds 30% market share but remains unprofitable.
FreeCast Surges on Starlink Reseller Deal Amid Cash Concerns
FreeCast shares soared after announcing a Starlink Business reseller deal, but the company's latest filing showed minimal cash and a going-concern warning.
New York Begins Distributing $2B in STAR Property Tax Relief to Nearly 3 Million Homeowners
New York has begun distributing over $2 billion in STAR property-tax relief to nearly 3 million homeowners, with most receiving $350-$600 and seniors $700-$1,500.
SLBT Shares Surge After Volatile Nasdaq Start; SPAC Risks Remain
SLBT jumped to $18.90 in early Tuesday trading after a 42.59% decline on its Nasdaq debut, driven by liquidity and momentum as investors digest the SPAC merger and PIPE financing.
EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal
EchoStar plunged 11% on Friday as SpaceX's IPO allowed direct investment, reducing the proxy appeal. The stock now hinges on closing the AT&T spectrum sale and addressing a defaulted interest payment.
Starbucks Nears 52-Week High Amid Turnaround, Valuation Concerns Loom
Starbucks stock closed at $103.04, just 5% below its 52-week high. Investors await Q3 results to see if traffic growth can offset labor and coffee cost pressures.
EchoStar Soars on SpaceX IPO Hopes, But Debt and Revenue Woes Loom
EchoStar stock rallied on SpaceX IPO excitement, but the company faces a $183 million interest payment deferral and declining core revenue.
EchoStar Shares Soar on SpaceX IPO Anticipation
EchoStar shares jumped 9.1% to $125.67 as SpaceX's $75 billion IPO nears, with the company seen as a key proxy for SpaceX exposure due to spectrum deals.
Ford Stock Stabilizes After Novelis Aluminum Mill Restart Offers Profit Boost
Ford shares stabilize after Novelis restarts its key aluminum mill for F-150 trucks, promising a $1B profit boost, but tariffs and costs remain risks.
Sky Quarry Surges After-Hours on Refinery Restart Hopes
Sky Quarry (SKYQ) surged 22.44% to $1.91 in regular trading and jumped to $2.38 after-hours as traders focus on the company's planned June refinery restart.
AT&T Stock Tumbles 8% as SpaceX IPO Looms and Starlink Threatens Broadband
AT&T (T) shares fell 8.3% to $22.75 this week as Oppenheimer warned SpaceX's Starlink could disrupt legacy broadband, raising fears of faster subscriber and revenue declines.
CEG Stock Slides Despite Regulatory Win for Three Mile Island Restart
Constellation Energy (CEG) closed at $254.83, down 3.7%, after a shareholder offering and despite a regulatory win for its Three Mile Island restart plan. Investors face a weekend to digest new stock supply and rate concerns.
EchoStar shares slide ahead of pivotal week with SpaceX IPO, spectrum deal in focus
EchoStar shares fell 6.7% Friday, closing at $116.28, as traders assess the SpaceX IPO, AT&T spectrum deal, and a missed interest payment with a 30-day grace period.
AT&T Rebounds Amid Starlink Disruption Fears
AT&T shares rebounded 1.1% to $23.02 after Oppenheimer downgraded the stock, citing Starlink's potential to disrupt the $1.6 trillion U.S. telecom industry.
AT&T Stock Slides on SpaceX Starlink Threat and Regulatory Setback
AT&T shares fell 3.7% on Thursday after Oppenheimer downgraded the stock, warning that SpaceX's Starlink could disrupt the US communications market. The Supreme Court also upheld FCC fines against AT&T.
AT&T shares pressured as Starlink IPO looms, analysts flag broadband risk
AT&T shares hover near $23.55 after a 4.4% decline on concerns over SpaceX's Starlink IPO, which could upend the broadband market. Oppenheimer downgraded AT&T, flagging long-term subscriber risk.
SpaceX Starlink Threat Sends AT&T Shares Down 4.4% Amid Fiber Doubts
AT&T shares tumbled 4.4% after Oppenheimer downgraded the stock, warning that SpaceX's Starlink satellite internet could threaten its broadband and mobile growth, despite AT&T's fiber expansion and $250 billion network investment.
AT&T Stock Slides as Starlink Threat Looms, Oppenheimer Downgrades
AT&T shares dropped 3.7% after Oppenheimer downgraded the stock, warning that SpaceX's Starlink could threaten its broadband and wireless growth, putting its cash-flow-driven investment case at risk.
J-Star Rallies on Texas Battery Plans Ahead of Nasdaq Vote
J-Star Holding shares jumped to $1.36 in premarket trading after providing updates on its proposed $122.5 million solid-state battery plant in Baytown, Texas, ahead of a shareholder vote on a reverse split.