American Airlines will install SpaceX's Starlink internet service on over 500 narrow-body Airbus aircraft starting early next year, marking a significant contract win for Starlink ahead of SpaceX's IPO. This deal strengthens Starlink's position against competitors like Amazon Leo and Viasat by expanding its presence in the airline industry. The upgrade applies to American's Airbus A321XLR and A320neo planes, but not its Boeing fleet. This contract adds momentum to SpaceX's only revenue-generating unit as it prepares for what is expected to be the largest IPO in history.
Airline stocks, including American Airlines, United Airlines, and JetBlue, surged midweek due to falling jet fuel costs driven by lower crude oil prices amid easing tensions in the Middle East. Crude oil prices have fallen from $112.25 to around $70....
The FTSE 100 rose modestly by 21 points to 10,459, supported by consumer defensive stocks like Bunzl and AstraZeneca, despite heavy losses in miners and tech funds. US and Asian tech stocks, including AI and semiconductor firms, sold off sharply, wit...
AllianceBernstein Global High Income Fund, Inc. released its monthly portfolio update as of May 31, 2026, showing a diversified fixed-income portfolio worth $982.53 million. The fund holds a mix of non-investment grade and investment grade corporate ...
