Gwynne Shotwell Says Starlink Will Take Customers From Big Telecom — Stocks Drop
Starlink plans to compete directly with U.S. wireless giants. Shotwell claims better service will attract users from Verizon, AT&T and T-Mobile.
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#News-Driven Stocks↓
Musk Commits SpaceX to Nvidia Exclusively; AMD Feels the Pressure
Musk says SpaceX is exclusive to Nvidia’s Vera Rubin chips. The news boosts NVDA and pressures AMD after earnings.
Western Union Shares Jump as Strategic Review Follows Private Equity Approach
Western Union surged after launching a strategic review following a private equity approach at just below $10 per share and inviting competing bids from other parties.
Chipotle Pulls Jalapeños Linked to Minnesota Salmonella Outbreak That Sickened 110 People
After jalapeños were tied to 110 salmonella cases in Minnesota, Chipotle removed them from stores and is assisting health officials.
Trump Admin Drafts Ban on Chinese Data Center Parts
Trump administration is drafting an FCC ban on Chinese optical transceivers for US data centers to protect AI infrastructure from security risks.
Ford’s 10.2% July Sales Drop Was “By Design,” Company Says
The drop was intentional due to Escape discontinuation and rental cuts for new EVs.