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Iridium (IRDM) delivered earnings and revenue surprises of -26.92% and +1.82%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Rocket Lab is a pure-play space stock with businesses spanning the entire space value chain.
Talk around Rocket Lab this summer keeps circling back to one idea: that the company is becoming the next SpaceX. It is an easy comparison to make and a hard one to justify. SpaceX is now a nearly $2 trillion public company after its record-breaking initial public offering in June, while Rocket Lab ...
Starlink has been a gem for SpaceX, but it could face an influx of competition in the near future.
Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...
(Bloomberg) -- As Elon Musk basked in the public spectacle of SpaceX’s blockbuster initial public offering this month, another — altogether more restrained — rocket executive also hailing from the Southern Hemisphere was putting the final touches on his biggest strategic move. Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS Stocks Get Tec
Wall Street bounced back Monday as investors hit pause on last week’s tech selloff. A flurry of corporate deal activity lifted major indexes.
Comcast’s planned breakup is sending Charter Communications’ stock soaring. The cable giant plans to spin off NBCUniversal and Sky operations, leaving Comcast to focus on broadband, wireless and cable. “The core regulatory questions [for a potential bid] become cleaner: broadband concentration, local market overlap, wireless bundling and the FCC public interest review,” research firm MKI Global Partners said in a note today.
Rocket Lab (NASDAQ:RKLB) shares gained 5% on Monday after the company announced an agreement to acquire satellite communications provider Iridium Communications (NASDAQ:IRDM) in a transaction valued at approximately US$8 billion. Trading in Iridium shares was halted pending the announcement after the stock last traded at US$43.
The cash-and-stock deal gives Rocket Lab a global satellite network, licensed spectrum, and 2.55 million subscribers
The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
ARK Investment Management sold shares in Teradyne, Twist Bioscience, Iridium Communications, and Robinhood Markets, among other companies.
Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.
Iridium Communications (NASDAQ:IRDM) reported first-quarter 2026 results that management said came in as expected, while reiterating full-year guidance and highlighting a busy product roadmap spanning satellite IoT, assured positioning, navigation and timing (PNT), and a standards-based non-terrestr
Moby summary of Iridium Communications Inc.'s Q1 2026 earnings call
Joining me on the call this morning are our CEO, Matthew J. Desch, and our CFO, Vincent J. O'Neill. Today’s call will begin with a discussion of our first quarter results followed by Q&A. I trust you have had the opportunity to review this morning’s earnings release, which is available on the Investor Relations section of Iridium Communications Inc.’s website.
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