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SpaceX advances Starlink's direct-to-phone plan with FCC nod, but investment risks remain high.

Market News
13 Oct 2026
Seeking Alpha
View Source
Neutral
SpaceX advances Starlink's direct-to-phone plan with FCC nod, but investment risks remain high.

Space Exploration Technologies Corp. (SpaceX) received FCC approval for up to 15,000 satellites and made a key spectrum purchase to push Starlink's direct-to-smartphone connectivity forward. Despite these technological advances, SpaceX's financial health remains weak with significant losses and heavy capital expenditures. Starlink Mobile's profitability is expected to be years away, making investments in related ETFs like SPCH highly speculative and suitable only for short-term trades around specific catalysts, not for long-term holding.

SpaceX's recent FCC approval and spectrum purchase for Starlink's smartphone connectivity come amid a challenging financial outlook. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 13, 2026 19:12 WIB: out of 150 priced US tech stocks, 42 rose and 101 fell. Notable movers include CIFR at USD 11.38 with a -12.46% change and a typical hold time of 16 days, WDC at USD 361.00 down 6.70% with a 38-day hold, and STX at USD 706.03 down 6.27% with a 41-day hold.

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New 'BadEngram' attack exposes hidden risks in open-weight AI models' memory components

New 'BadEngram' attack exposes hidden risks in open-weight AI models' memory components

Researchers from Pillar Security and Fujitsu revealed 'BadEngram,' a stealthy supply-chain attack targeting the gated memory components in open-weight AI models like Qwen3.8-Flash-Next and DeepSeek-V4.1-Flash. This attack implants a hidden backdoor b...

Market News
Bearish
1 hour ago
Alm. Brand A/S buys back 1.07 million shares in latest week, holding 3.49% of total shares.

Alm. Brand A/S buys back 1.07 million shares in latest week, holding 3.49% of total shares.

Alm. Brand A/S continued its share buyback program from October 6 to 12, 2026, purchasing 1,067,445 shares at an average price of DKK 16.41 per share. This brings the total shares bought under the program to 16,272,795, with a cumulative spend of abo...

Company Fundamentals
Neutral
1 hour ago
Michelin reports total voting rights and shares as of September 30, 2026, including treasury shares.

Michelin reports total voting rights and shares as of September 30, 2026, including treasury shares.

Michelin has officially declared the total number of voting rights and shares composing its capital as of September 30, 2026. The company reports 687,606,419 shares outstanding, with a theoretical total of 976,500,156 voting rights and 958,851,942 ex...

Company Fundamentals
Neutral
1 hour ago
Michelin reports total voting rights and shares as of September 30, 2026

Michelin reports total voting rights and shares as of September 30, 2026

Michelin disclosed the total number of its shares and voting rights as of September 30, 2026. The company has 687,606,419 shares and 958,851,942 voting rights, accounting for 17,648,214 treasury shares. This disclosure is part of regulatory complianc...

Company Fundamentals
Neutral
1 hour ago
US Rental Business Census 2026 counts 128,188 rental listings, revealing state-by-state rental market insights.

US Rental Business Census 2026 counts 128,188 rental listings, revealing state-by-state rental market insights.

The US Rental Business Census 2026 by Reservety reports 128,188 rental business listings across 12 categories in all US states and D.C., identifying about 114,235 unique businesses with 98,123 independent operators. Wyoming leads with the highest ren...

Market News
Neutral
1 hour ago
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