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What's justifying SpaceX's $2T valuation target ahead of IPO?
Yahoo Finance Video73d agoneutralVIDEO
What's justifying SpaceX's $2T valuation target ahead of IPO?

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
Reuters73d agoneutral
SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's ‌satellite broadband unit Starlink expands, Oppenheimer said in a ‌note on Wednesday, adding that legacy broadband providers like AT&T may be most ​at risk. • Oppenheimer said companies such as AT&T, Verizon Communications and T-Mobile could see ⁠faster declines in subscribers and revenue going forward. • Oppenheimer ​raised its 2030 estimates for ​U.S. broadband subscribers to ‌15 million from 10 million earlier.

T-Mobile quietly makes significant store changes after layoffs
TheStreet79d agobearish
T-Mobile quietly makes significant store changes after layoffs

Over the past few months, T-Mobile has been handing out pink slips to employees as it focuses on becoming a digital-first company, a change aimed at enhancing the customer experience. Amid this shift, the carrier has quietly made major store changes that impact customers and employees. ...

AT&T, T-Mobile and Verizon customers will get big network upgrade
TheStreet88d agobullish
AT&T, T-Mobile and Verizon customers will get big network upgrade

AT&T, T-Mobile, and Verizon have all seen elevated customer losses in recent months amid rising competition. In an effort to gain ground, the three carriers are joining forces to deliver a significant network upgrade for customers, a move that challenges a fast-growing competitor. In the ...

FCC approves Verizon's $1 billion spectrum purchase
Reuters93d agoneutral
FCC approves Verizon's $1 billion spectrum purchase

WASHINGTON, May 14 () - The Federal ‌Communications Commission ‌said Thursday it has ​approved Verizon's 2024 $1 billion deal to acquire some ‌spectrum assets ⁠from U. Cellular to expand ⁠its network capacity and ​coverage.

US wireless carriers to launch joint venture to address rural 'dead zones'
Reuters93d agoneutral
US wireless carriers to launch joint venture to address rural 'dead zones'

Verizon, AT&T ‌and T-Mobile said ‌on Thursday that they ​agreed in principle to form a new joint venture ‌that ⁠seeks to address long-time coverage gaps ⁠especially in rural areas by ​using ​satellite-based ​technologies. The largest ‌U.S. wireless companies said the plan seeks to end nearly all dead zones ‌without mobile ​service. The ​plan also aims ‌to ensure redundant ​connectivity ​during natural disasters and improved ​network ‌performance.

Why Elon Musk's SpaceX is a 'three-engine empire' ahead of IPO
Yahoo Finance Video94d agoneutralVIDEO
Why Elon Musk's SpaceX is a 'three-engine empire' ahead of IPO

Elon Musk's private space venture, SpaceX (SPAX.PVT), is valued at over $1.5 trillion as investors await its mega-IPO in 2026. ER Shares COO and chief investment strategist Eva Ados explains why her firm is calling SpaceX a "three-engine empire," identifying its space infrastructure development, Starlink satellite, and possible space-based AI data centers as the company's core components and biggest drivers.

Deutsche Telekom Q1 Earnings Call Highlights
MarketBeat94d agoneutral
Deutsche Telekom Q1 Earnings Call Highlights

Deutsche Telekom (ETR:DTE) reported what Chief Executive Tim Höttges called a “robust” start to 2026, citing broad-based growth across the group and an upgraded full-year outlook following stronger guidance from T-Mobile US. On the company’s first-quarter earnings call, Höttges said group organic s

Deutsche Telekom Lifts Full-Year Guidance
The Wall Street Journal94d agoneutral
Deutsche Telekom Lifts Full-Year Guidance

The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.

SoftBank Stock Surges on Chip Optimism
The Wall Street Journal100d agobullish
SoftBank Stock Surges on Chip Optimism

Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.