Iridium Communications and Globalstar are emerging as compelling satellite investment opportunities in 2026. Iridium, with its profitable L-band network supporting defense and IoT, has seen its stock triple this year, driven by government contracts and growing commercial IoT subscribers. Meanwhile, Globalstar, known for powering Apple's emergency SOS, is set to be acquired by Amazon, reflecting its strategic value in direct-to-device satellite services. Both companies hold licensed spectrum and defense ties that mega-constellations like Starlink cannot easily replicate, making them attractive for investors seeking exposure to space without the high premium of Starlink.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
Electrovaya Inc. has announced a commercial agreement with Amazon to support the deployment of its Infinity Battery Technology in material handling operations, with potential expansion into robotics and energy storage applications. Amazon will receiv...
