Ongoing litigation and emerging regulation may require significant platform redesign, and could reduce user engagement, limit behavioral data collection, increase compliance costs, and weaken advertising-targeting efficiency. Approximately 98% of Meta's revenue is derived from advertising and material changes to engagement metrics or data availability may directly affect revenue growth and operati...
Ongoing litigation and emerging regulation may require significant platform redesign, and could reduce user engagement, limit behavioral data collection, increase compliance costs, and weaken advertising-targeting efficiency. Approximately 98% of Meta's revenue is derived from advertising and material changes to engagement metrics or data availability may directly affect revenue growth and operating margins. Internationally, the European Union's Digital Services Act issued a preliminary finding against Meta for allowing underage users on its platform, with a potential fine of up to 6% of global revenue — about $12 billion, and billions more in additional fines until Meta is in compliance. Australia has led nearly 20 countries in enacting or planning social media bans for users under 16, structurally removing Meta's youngest, highest-lifetime-value cohort from its advertising pipeline. More than 2,400 additional lawsuits are pending, including actions from 42 state attorneys general. Meta's insurance carriers have refused to cover its lawsuit claims, arguing they owe no duty to defend against intentional acts — meaning damages flow directly to Meta's balance sheet. In March 2026, a New Mexico court found Meta liable for violating the state's consumer protection law, imposing a $375 million penalty after determining the company made misleading statements about platform safety, exploited children's vulnerabilities, concealed knowledge of child sexual exploitation on its platforms, and failed to enforce its own ban on users under 13. One day later, a California court found Meta and Google liable for designing addictive platforms that harm young users' mental health. The resolution was filed by Proxy Impact on behalf of Dr. Lisette Cooper and co-filed by 13 faith-based and institutional investors from the U.S. and Europe with a combined $800 million in Meta stock. Kelly Stonelake, a child safety advocate and former Meta executive, will present the resolution at the annua...
中東局勢|黎巴嫩南部遭空襲 據報以軍越過停火線 擴大地面行動 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】黎巴嫩南部遭到空襲,據報以軍越過兩國協議劃定的停火界線,展開地面行動。 南部城市奈拜堤耶多處遭到空襲冒起...
中東局勢|黎巴嫩南部遭空襲 據報以軍越過停火線 擴大地面行動 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】黎巴嫩南部遭到空襲,據報以軍越過兩國協議劃定的停火界線,展開地面行動。 南部城市奈拜堤耶多處遭到空襲冒起濃煙,有雜物起火,大樓嚴重損毀,滿地瓦礫和碎片。據報東部亦有水壩連番受襲,造成幾十人死傷。以軍發聲明正針對黎巴嫩南部多個真主黨設施發動攻勢,包括發射火箭炮的基建。總理內塔尼亞胡召開安全內閣會議時,表示已下令軍方在黎巴嫩部署大量兵力,加強軍事行動並奪取戰略高地,又指以色列正鞏固安全緩衝區,保護北部社區。
Alexander Farnsworth/iStock Editorial via Getty Images Walmart ( WMT ) stock on Tuesday extended its post-earnings selloff , trading around $118 a share after falling further below key short- and medium-term moving averages. Shares have now broken below both their 50-day simple moving average near $126.62 and their 100-day simple moving average near $124.35, weakening the stock’s recent uptrend af...
Alexander Farnsworth/iStock Editorial via Getty Images Walmart ( WMT ) stock on Tuesday extended its post-earnings selloff , trading around $118 a share after falling further below key short- and medium-term moving averages. Shares have now broken below both their 50-day simple moving average near $126.62 and their 100-day simple moving average near $124.35, weakening the stock’s recent uptrend after months of steady gains. The next major technical level is the 200-day simple moving average near $114.38, which now acts as the key support area for traders watching whether the pullback stabilizes or deepens. Notably, the relative strength index has fallen to roughly 31.5, putting momentum near oversold territory after the sharp slide. On the upside, the former moving-average support zone around $124 to $127 becomes the first resistance area. Above that, the prior high around $135 remains the broader ceiling. Seeking Alpha More on Walmart Walmart: The Valuation Basis Keeps Getting Worse Wall Street Likes Walmart, But I Don't - Reiterate Sell Walmart Inc. (WMT) Q1 2027 Earnings Call Transcript Largest 10 companies reshuffle as Nvidia claims top spot in Russell reconstitution Earnings Scoreboard: 100% of reporting S&P 500 firms beat earnings expectations, 79% deliver Y/Y growth
美華盛頓州造紙廠爆炸 至少1死9傷、多人失蹤 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國華盛頓州有造紙廠爆炸,至少1死、9人受傷包括一名消防員,另有多人失蹤。 爆炸發生後,紙廠燃起熊熊烈火,濃煙直衝半空,...
美華盛頓州造紙廠爆炸 至少1死9傷、多人失蹤 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國華盛頓州有造紙廠爆炸,至少1死、9人受傷包括一名消防員,另有多人失蹤。 爆炸發生後,紙廠燃起熊熊烈火,濃煙直衝半空,至少有一輛消防車開喉灌救。日本制紙集團旗下在朗維尤市的造紙廠,一個裝有氫氧化鈉和硫化鈉的化學溶液儲罐破裂爆炸,多人遭灼傷或吸入性損傷。當局指 ,儲罐破裂後,化學溶液洩漏到排水溝,已派出生態部門小組評估影響,未有對周邊社區構成直接威脅。
Two-time Ballon d'Or winner Alexia Putellas has announced she is leaving Barcelona after 14 years, with London City Lionesses in pursuit. The 32-year-old, widely regarded as one of the greatest female footballers of all-time, captained Barcelona to the Champions League title on Saturday. It was her fourth European crown with the club, while she has also won 10 league titles with Barcelona. Sources...
Two-time Ballon d'Or winner Alexia Putellas has announced she is leaving Barcelona after 14 years, with London City Lionesses in pursuit. The 32-year-old, widely regarded as one of the greatest female footballers of all-time, captained Barcelona to the Champions League title on Saturday. It was her fourth European crown with the club, while she has also won 10 league titles with Barcelona. Sources close to London City Lionesses, who finished sixth in their debut season in the Women's Super League, say there is confidence they can strike a deal to bring Putellas to the club this summer. They have been in discussions with her for several months. Putellas won the World Cup with Spain in 2023 and was part of the squad that finished runners-up to England at Euro 2025. She was ruled out of Euro 2022 on the eve of the tournament with an anterior cruciate ligament (ACL) injury and returned at the end of the following season. Since her return to full fitness, she has shown the types of performances that earned her back-to-back Ballon d'Or accolades in 2021 and 2022. She leaves Barcelona as a legend of the club and it marks the end of a significant era for Pere Romeu's side.
An exceptionally early heat wave shatters records and brings deaths in Europe toggle caption Kin Cheung/AP LONDON — The United Kingdom smashed a century-old temperature record for the second time in 24 hours on Tuesday as a spring heat wave continued to scorch parts of Western Europe, triggering government warnings about risks to life. Several drownings were reported in Britain and France as peopl...
An exceptionally early heat wave shatters records and brings deaths in Europe toggle caption Kin Cheung/AP LONDON — The United Kingdom smashed a century-old temperature record for the second time in 24 hours on Tuesday as a spring heat wave continued to scorch parts of Western Europe, triggering government warnings about risks to life. Several drownings were reported in Britain and France as people tried to cool down. A temperature of 95.2 Fahrenheit was recorded at London's Kew Gardens, Britain's Met Office weather service said, breaking the 94.6-degree record set a day earlier at Kew. The provisional readings smashed the long-standing record of 91.4 degrees set in 1922 and matched in 1944. London also recorded a rare "tropical night," defined as one in which the temperature does not fall below 68. Sponsor Message Records also fell in France, where temperatures reached 97 on Monday in the country's southwest and widely remained above 68 at night. The national weather service, Météo-France, said a "heat dome," with heat held in place by a high-pressure weather front, was producing temperatures more than 10 degrees Celsius above what is usual for this time of year. Unpredictable and extreme weather is becoming more frequent as Earth warms. Experts say unprecedented and deadly weather extremes that sometimes strike at abnormal times and in unusual places are putting more people in danger. "We know beyond a shadow of a doubt that heat wave events such as this have been made more likely and more severe due to climate change arising from our emissions of heat-trapping greenhouse gases," said Peter Thorne, director of the ICARUS Climate Research Centre, at Maynooth University, in Ireland. "But, nevertheless, many of the records being set, particularly in the U.K. and France, are mind-bogglingly crazy." After a U.K. long weekend that sent people flocking to beaches, pools and shady parks, London commuters sweltered on Tuesday in subway carriages without air conditioning. T...
Jay Ritter, University of Florida emeritus professor and director of the IPO Initiative, known as “Mr. IPO” for his work on initial public offerings, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." to discuss SpaceX's IPO. It is set to be "the largest private-sector company ever to go public," for the broader tech IPO landscape, he says. (Source: Bloomberg)
Jay Ritter, University of Florida emeritus professor and director of the IPO Initiative, known as “Mr. IPO” for his work on initial public offerings, joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." to discuss SpaceX's IPO. It is set to be "the largest private-sector company ever to go public," for the broader tech IPO landscape, he says. (Source: Bloomberg)
The Trump administration reached an agreement with Volvo Car AB that will allow the automaker to avoid a US ban on connected vehicles tied to China. Volvo, which is majority-owned by China’s Zhejiang Geely Holding Group , received a specific authorization from the US Commerce Department allowing it to continue importing and selling connected passenger vehicles in the US, the automaker said Tuesday...
The Trump administration reached an agreement with Volvo Car AB that will allow the automaker to avoid a US ban on connected vehicles tied to China. Volvo, which is majority-owned by China’s Zhejiang Geely Holding Group , received a specific authorization from the US Commerce Department allowing it to continue importing and selling connected passenger vehicles in the US, the automaker said Tuesday , confirming an earlier report by Bloomberg News. Volvo builds vehicles in the US at a plant near Charleston, South Carolina, where it has invested more than $1.3 billion. The company also imports models from Sweden, where it’s headquartered, and started assembling one of its better-selling electric SUVs in Belgium last year in part due to the US raising tariffs on cars manufactured in China. The US ban on connected vehicles and related hardware and software technology with ties to China takes effect starting with the 2027 model year. Volvo’s Chinese ownership had raised questions about how the company would be affected by the policy, including whether it could potentially be barred from selling its vehicles in the US, the world’s second-largest auto market. Representatives for the White House and Commerce Department did not immediately respond to requests for comment. The rule implementing the ban was finalized in January 2025, shortly before President Donald Trump began his second term in office. It went into effect in March of that year, after Trump was inaugurated. Volvo said the authorization followed “constructive discussions with the US Department of Commerce and other US officials regarding Volvo Cars’ governance, technology and data security,” the carmaker said in its statement. “With this specific authorization, Volvo Cars can continue its growth plans in the US,” the company said. The timing of the decision comes as the company awaits shipments of 2027 model-year vehicles. It is unrelated to Trump’s recent visit to Beijing, nor is it a sign that his administrati...
The earliest arrests under the Take It Down Act (TIDA) suggest that cops don't have to work too hard to identify people illegally posting and selling nonconsensual sexualized deepfakes of women online. Last week, the FBI arrested two men after visiting porn websites and clicking on hashtags like #AI #Deepfakes or video titles like "AI_tits" or "Ass_AI." One suspect accused of violating TIDA was 20...
The earliest arrests under the Take It Down Act (TIDA) suggest that cops don't have to work too hard to identify people illegally posting and selling nonconsensual sexualized deepfakes of women online. Last week, the FBI arrested two men after visiting porn websites and clicking on hashtags like #AI #Deepfakes or video titles like "AI_tits" or "Ass_AI." One suspect accused of violating TIDA was 20-year-old Arturo Hernandez. He allegedly posted 113 albums viewed nearly a million times featuring AI-generated sexualized images and videos of approximately 50 women. Victims included political figures, actresses, and musicians, as well as women who are not public figures, such as female individuals who attended his Texas high school and an Instagram friend. Read full article Comments
BalkansCat HP ( HPQ ) will report its results for the second quarter on Wednesday, after markets close, with the stock down around 4% in trading ahead of the release. Wall Street expects the company to post earnings of 72 cents per share, implying a 1.4% increase, on revenue of $14.07B, representing a year-over-year rise of 6.6%. During the quarter, HP expanded its AI-focused PC, printing, and wor...
BalkansCat HP ( HPQ ) will report its results for the second quarter on Wednesday, after markets close, with the stock down around 4% in trading ahead of the release. Wall Street expects the company to post earnings of 72 cents per share, implying a 1.4% increase, on revenue of $14.07B, representing a year-over-year rise of 6.6%. During the quarter, HP expanded its AI-focused PC, printing, and workplace ecosystem offerings through a series of product launches at HP Imagine 2026, including new AI PCs, enterprise printers with quantum-resistant security, connected workplace software, and high-performance workstations. The company also introduced new additive manufacturing solutions and highlighted growing cybersecurity capabilities through HP Wolf Security research and HP TPM Guard. Additionally, HP announced a leadership transition , with CEO Enrique Lores stepping down and Bruce Broussard appointed interim CEO. According to Seeking Alpha’s Quant Rating system, HPQ is rated Hold with an overall score of 3.15 out of 5, reflecting an A in valuation, but it has an F in terms of growth. A recent Seeking Alpha analysis said HP ’s growth outlook is mixed, supported by AI PC-driven momentum in Personal Systems but weighed down by structural weakness in Printing and near-term margin pressure from tariffs and memory costs. It pointed out that “Despite decent growth from its PC segment, we believe that its Printing segment will continue to decline, as we believe that remote working and the digitization of documents will reduce the need for printers and paper.” Over the past two years, HPQ has beaten EPS estimates 38% of the time and has beaten revenue estimates 100% of the time. Over the last three months, EPS estimates have seen one upward revision and 10 downward revisions, while revenue estimates have seen nine upward revisions and no downward moves. Shares have fallen around 13.6% so far this year. More on HP HP Inc.: Cheap On Paper, Challenged In Reality HP Inc.: Growth W...
Short seller Andrew Left told jurors in his securities fraud trial that his public comments about Tesla Inc. and other companies featured in his indictment never contradicted the short or long positions he took in their stocks, rebutting a key element of the government’s criminal case. Left is accused of using explosive social-media posts about dozens of companies to illegally move their stock and...
Short seller Andrew Left told jurors in his securities fraud trial that his public comments about Tesla Inc. and other companies featured in his indictment never contradicted the short or long positions he took in their stocks, rebutting a key element of the government’s criminal case. Left is accused of using explosive social-media posts about dozens of companies to illegally move their stock and make a quick profit. He took the stand Tuesday for the second day in his landmark trial in Los Angeles federal court, after two weeks of testimony from prosecution witnesses. Jurors could begin deliberating as soon as this week. The US Justice Department’s case against the Citron Research founder has zeroed in on the conduct of activist short sellers who highlight companies they think are overvalued and can profit if the stock goes down. Trial testimony also has featured some of Left’s long positions. Prosecutors allege Left misled investors for years, including by promoting his long position in Tesla in October 2018 and then quickly shedding his stocks in Elon Musk ’s electric-car company when Left’s commentary caused the shares to rise. Asked by his lawyer about that trading, Left said that reducing a long position in a stock isn’t the same as shorting it. “For Tesla, or any of the companies that we’ve been talking about, were you ever long a company while simultaneously speaking negatively about that company in public?” defense lawyer Adam Fee asked Left. “Never,” the trader said. “For all of these companies, were you ever short a company while simultaneously speaking positively about it?” his lawyer asked. “No,” he said. Read More: Left Pitched Short Sales to ‘Take Candy’ From Retail Investors Left’s tweets, on the platform now called X, have been a key feature in a trial that is examining when statements of opinion cross into market manipulation — a thorny topic with potential implications for Wall Street. Prosecutors say Left’s private communications around the time ...
July ICE NY cocoa (CCN26) today is up +392 (+10.33%), and July ICE London cocoa #7 (CAN26) is up +310 (+10.84%). Cocoa prices surged to 1.5-week highs today on fund short-covering, spurred by heavy rains in the Ivory Coast that have caused flooding and cut off farmers' access to cocoa plantations. Cocoa prices also have support on concerns that a potential El Niño weather pattern this year could t...
July ICE NY cocoa (CCN26) today is up +392 (+10.33%), and July ICE London cocoa #7 (CAN26) is up +310 (+10.84%). Cocoa prices surged to 1.5-week highs today on fund short-covering, spurred by heavy rains in the Ivory Coast that have caused flooding and cut off farmers' access to cocoa plantations. Cocoa prices also have support on concerns that a potential El Niño weather pattern this year could threaten the West African cocoa crop. Don’t Miss a Day: On May 11, cocoa prices soared to 4-month highs amid concerns that the formation of an El Niño weather pattern could lead to warmer, drier conditions in West Africa, potentially damaging cocoa production there. The US National Oceanic and Atmospheric Administration (NOAA) estimates an 82% probability that El Niño conditions will emerge between May and July and persist through the end of the year, with a 67% chance of a "Super El Niño." Cocoa prices also have support from early surveys of the 2026/27 West African cocoa crop that show below-average cherelle formation on cocoa trees, signaling a weak outlook for the main cocoa harvest, which begins in October. Signs that consumer demand for chocolate is holding up are a positive factor for cocoa prices. Recent earnings results from top chocolate makers Hershey and Mondelez International were better than expected and show consumer chocolate demand remains steady despite high prices. However, Circana reported on April 14 that chocolate candy sales in North America in the 13 weeks ending March 22 fell 1.3% from the same period a year ago. The prospects of a smaller global surplus are also supportive for cocoa prices. On April 29, StoneX cut its 2026/27 global cocoa surplus estimate to 149,000 MT from a January forecast of 267,000 MT, citing risks to the West African cocoa crop from an expected El Niño weather event. StoneX also cut its 2025/26 global cocoa surplus forecast to 247,000 MT from a January estimate of 287,000 MT. The prolonged closure of the Strait of Hormuz is di...
imaginima/E+ via Getty Images Cloudflare, Inc. ( NET ) is one of the rare software stocks that have delivered both strong acceleration in top-line growth and solid stock price performance. The company looks poised to deliver something else as well: expanding profit margins. The last piece would appear to round out a rather complete package. The valuation, however, continues to look rather aggressi...
imaginima/E+ via Getty Images Cloudflare, Inc. ( NET ) is one of the rare software stocks that have delivered both strong acceleration in top-line growth and solid stock price performance. The company looks poised to deliver something else as well: expanding profit margins. The last piece would appear to round out a rather complete package. The valuation, however, continues to look rather aggressive, and I struggle to see the potential upside even after factoring in many years of growth. I reiterate my Sell rating for NET stock. NET Stock Price I last covered NET in March , where I reiterated my Sell rating due to the aggressive valuation. The stock has underperformed the broader market by around 14% since. Data by YCharts Even with margin expansion looking likely in the near future, I am still of the view that the stock has priced in too many years of growth. NET Stock Key Metrics NET is known as a leading content delivery network, which means that it helps secure customer data. This has become an increasingly important service as agentic AI takes off. NET has proven to be a clear beneficiary as usage of its services has exploded. In the most recent quarter , the company generated 34% YoY revenue growth to $640 million, crushing guidance of $607 million. 2026 Q1 Presentation NET saw continued strong growth among its larger customers, with large customers representing 72% of revenue and rising 25% YoY. 2026 Q1 Presentation The company did see its dollar-based net retention rate decelerate to 118%, down from 120% in the fourth quarter. It is likely that this played a significant role in the market’s negative reaction. 2026 Q1 Presentation I note that the company saw its GAAP operating loss widen in spite of the strong top-line growth. I have historically not been concerned about the lack of profitability here given the impressive execution on accelerating top-line growth. 2026 Q1 Press Release The company did announce a large layoff affecting roughly 20% of their wor...
Memorial Day is supposed to feel like a victory lap into summer: gas tank full, cooler packed, suitcase in the trunk. This year, it feels like sticker shock. A snapshot circulated by Ed Elson, host of the Prof G Markets podcast, on X on May 25, lined up seven everyday inflation categories against last year’s ... Memorial Day Shocker: Gas Prices Up 28%, Flights Up 21%, Coffee Up 18%, Even Hot Dogs ...
Memorial Day is supposed to feel like a victory lap into summer: gas tank full, cooler packed, suitcase in the trunk. This year, it feels like sticker shock. A snapshot circulated by Ed Elson, host of the Prof G Markets podcast, on X on May 25, lined up seven everyday inflation categories against last year’s ... Memorial Day Shocker: Gas Prices Up 28%, Flights Up 21%, Coffee Up 18%, Even Hot Dogs Cost 11% More than Last Year
Phil Foden and Cole Palmer missed out on this summer’s World Cup because they have been overworked, according to the chief executive of the Professional Footballers’ Association. Maheta Molango was speaking as new data showed that seven of the 10 players involved in the most games across Europe’s top leagues this season were at English clubs. Molango said the game was being damaged by the demands ...
Phil Foden and Cole Palmer missed out on this summer’s World Cup because they have been overworked, according to the chief executive of the Professional Footballers’ Association. Maheta Molango was speaking as new data showed that seven of the 10 players involved in the most games across Europe’s top leagues this season were at English clubs. Molango said the game was being damaged by the demands placed on “the players who make us dream” and argued that Foden has been victim of what the international players’ union Fifpro calls “cumulative fatigue”: a drop in performance levels caused by sustained overwork. “Less than two years ago Phil Foden was voted by his own peers in England as the best player of the league,” Molango said. “The reality is that, since then, the number of games that he has been available for has dropped. And when he has been available, it has not been the version of Phil Foden that we saw two years ago. Is it just a coincidence? We think that it’s not. “Unfortunately, he’s one of the victims of this crazy calendar that only makes sense for those who pursue commercial gain. This year, effectively, he has missed out on some of the biggest games because he was not fit. Because he just could not cope with that demand that has been on him for a number of years.” Foden has played through the past two summers, featuring for England at the Euros in 2024 and for Manchester City at the Club World Cup last year. Palmer also played in those tournaments, for England and Chelsea, and featured in the Under-21 European Championship in the summer of 2023. “It’s very sad we’ve seen only a glimpse of Cole Palmer during this year,” Molango said. “He has been one of those guys who have gone three consecutive summers without a break.” ” Fifpro’s annual player workload monitoring report shows Arsenal’s Martín Zubimendi top of this season’s appearances list for club and country, with 67 so far. Club Brugge players feature second, third and 10th, but the rest of the top ...
Few corners of the market have captured investor attention quite like artificial intelligence (AI) infrastructure plays, and IREN Limited (IREN) has emerged as one of the sector’s standout winners. Once viewed largely as a Bitcoin mining company, IREN has successfully reinvented itself as an AI infrastructure provider, a transition that sparked a massive triple-digit rally in its stock over the pa...
Few corners of the market have captured investor attention quite like artificial intelligence (AI) infrastructure plays, and IREN Limited (IREN) has emerged as one of the sector’s standout winners. Once viewed largely as a Bitcoin mining company, IREN has successfully reinvented itself as an AI infrastructure provider, a transition that sparked a massive triple-digit rally in its stock over the past year. The shift was not as drastic as it may have first appeared. Bitcoin mining already demands enormous amounts of electricity and large-scale data center infrastructure, the very same backbone required to power advanced AI chips and cloud computing workloads. Leveraging its existing crypto mining operations, IREN rapidly transformed its facilities into high-powered, server-packed AI data centers, positioning itself squarely in the middle of the generative AI boom. Excitement around the broader neocloud space accelerated further on May 21 after chip giant Nvidia (NVDA) CFO Colette Kress disclosed that rental pricing for Nvidia’s powerful H100 GPUs continues to rise. According to Kress, H100 rental prices are up roughly 20% year-to-date (YTD), while A100 cloud GPU pricing has climbed nearly 15%. The comments ignited fresh momentum across the neocloud sector, sending shares of companies, including IREN, up 10.2% in a single session. The rally came just weeks after IREN announced a major five-year AI infrastructure cloud services agreement with Nvidia, a deal that further amplified bullish sentiment surrounding the stock. Under the partnership, IREN will provide Nvidia with managed GPU cloud services for the chip giant’s internal AI and research workloads, including orchestration and cluster management software developed in collaboration with Mirantis. The contract will be supported by air-cooled Blackwell platform systems deployed across roughly 60MW of IREN’s existing data center capacity at its Childress, Texas campus. Altogether, the agreement carries an estimated val...
Jetlinerimages/iStock Unreleased via Getty Images As part of its fleet modernization plan, American Airlines ( AAL ) is installing Starlink ( SPCX ) wi-fi on more than 500 Airbus ( EADSF ) ( EADSY ) aircraft, including new deliveries of A321XLR and A321neo. The carrier will begin installing Starlink ( SPCX ) in the first quarter of 2027. “Starlink’s high-speed and low latency make the wi-fi more r...
Jetlinerimages/iStock Unreleased via Getty Images As part of its fleet modernization plan, American Airlines ( AAL ) is installing Starlink ( SPCX ) wi-fi on more than 500 Airbus ( EADSF ) ( EADSY ) aircraft, including new deliveries of A321XLR and A321neo. The carrier will begin installing Starlink ( SPCX ) in the first quarter of 2027. “Starlink’s high-speed and low latency make the wi-fi more reliable, which matters when customers are trying to load pages, join real-time collaboration tools or stay connected consistently throughout a flight,” American Airlines ( AAL ) currently uses satellite-based wi-fi provided by Viasat ( VSAT ) and Intelsat on its domestic and short-haul fleet, and Panasonic ( PCRFF ) (PCRFY) for international flights. Despite the negative implications for Viasat ( VSAT ), shares are rallying Tuesday, setting a new all-time high, after reaching a key milestone in aviation communication. Source: Press release More on American Airlines, SpaceX The SpaceX Problem: More AI Than Aerospace How Upcoming Mega-IPOs Could Impact Broader Markets The Most Valuable Asset In The SpaceX IPO Is A Gift That Most Investors Will Ignore Applied Aerospace & Defense seeks $3.59 billion valuation in IPO Pentagon spars with SpaceX over Starlink price hike during Iran war, Reuters reports