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First eight Globalstar 2-R satellites launched by MDA Space on SpaceX Falcon 9, starting commissioning phase.

Market News
16 Aug 2026
PRNewsWire
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Bullish
pluang ai news

MDA Space successfully deployed the first eight satellites for Globalstar Inc.'s 2-R mission into low Earth orbit using a SpaceX Falcon 9 rocket. These satellites, developed and tested in Montréal, mark MDA Space's first prime contract for commercial communications constellations and begin the commissioning phase with in-orbit testing. The remaining nine satellites are in final integration stages, aiming to extend Globalstar's constellation life and support satellite-enabled mobile and IoT services. This launch highlights MDA Space's enhanced manufacturing capabilities and readiness to meet growing market demand.

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AMD turned $10,000 into $700,000 over 10 years, vastly outperforming the S&P 500's $42,000.

AMD turned $10,000 into $700,000 over 10 years, vastly outperforming the S&P 500's $42,000.

Over the past decade, an investment of $10,000 in AMD grew to more than $700,000, significantly outperforming the S&P 500, which turned the same amount into about $42,000. This highlights AMD's exceptional growth and strong market performance compare...

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SafePal data breach exposes nearly 40,000 customers' order info but crypto assets remain safe

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SafePal, a crypto hardware wallet provider, revealed a data breach that exposed personal order details of 39,798 customers from March 2025 to April 2026. The breach exposed names, addresses, and contact info due to an authorization flaw in their orde...

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Bearish
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Druckenmiller's fund buys Broadcom, Intel, and Arm, betting on AI chip growth beyond NVIDIA.

Druckenmiller's fund buys Broadcom, Intel, and Arm, betting on AI chip growth beyond NVIDIA.

Stanley Druckenmiller’s Duquesne Family Office disclosed new investments in AI infrastructure semiconductors, buying shares in Broadcom, Intel, and Arm Holdings last quarter. These companies represent different layers of AI hardware: Broadcom provide...

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Bullish
4 hours ago
Dogecoin's first block reward was 88 DOGE, sparking renewed interest amid current price dips.

Dogecoin's first block reward was 88 DOGE, sparking renewed interest amid current price dips.

Dogecoin's genesis block included a Coinbase reward of 88 DOGE, a number now celebrated by the Dogecoin community for its symbolic significance. Initially, Dogecoin used a randomized block reward system before switching to fixed rewards in 2014. Desp...

Market News
Neutral
4 hours ago
VIX volatility hits multi-year lows but may rise after options expirations this week.

VIX volatility hits multi-year lows but may rise after options expirations this week.

Implied volatility, measured by the VIX, has dropped to multi-year lows due to options-gamma positioning and dealer hedging, keeping the S&P 500 range-bound. However, with VIX and S&P 500 options expiring this week, there is potential for gamma posit...

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Neutral
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