
Charlie Ergen Agrees to Take Controlling Stake in MobileX
With the acquisition, Ergen will control wireless services Boost Mobile and MobileX through EchoStar and a SPAC, respectively
آخرین اخبار مالی و اقتصادی، تحولات بازار، گزارشها و تحلیلهای بازارهای مالی را در PipVero دنبال کنید.

With the acquisition, Ergen will control wireless services Boost Mobile and MobileX through EchoStar and a SPAC, respectively

Luigi Mangione pleaded guilty in a federal case over the fatal shooting of UnitedHealth Group executive Brian Thompson in December 2024. -------- More on Bloomberg Television and Markets Like this video?

The Commodity Futures Trading Commission is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC. In response, prediction market Kalshi has taken down its sports-related mention exchanges.

Genasys Inc. remains a Hold, as the core business is deeply unprofitable outside the Puerto Rico project. Recent profitability was driven by Puerto Rico, but receivables and liquidity issues forced a project pause, exposing weak fundamentals. Ex-Puerto Rico, GNSS generates ~$6 million quarterly revenue with a $13–14 million annualized adjusted EBITDA loss.

Several bouts of July inflation data made headlines this week on Wall Street, with the consumer price index (CPI) meeting expectations and the producer price index (PPI) showing an unchanged reading.

Oil markets are moving higher as traders bet that the Strait of Hormuz would remain closed for weeks.

Sky Harbour Group Corporation benefits from strong U.S. business aviation demand and constrained hangar supply at airports. Occupancy and occupied square footage are rising quickly, driving rapid SKYH growth in lease and fuel revenue. Capex per campus is high, and implied gross profit yields on incremental capex look unappealing.

Stocks are flying off the shelves, but bonds are warning of massive economic and inflation risks.

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. Mangione admitted on Friday in New York federal court that he shot and killed Thompson on Dec. 4, 2024.

Also in Weekend Reads: 10 remarkable housing markets, stock picks, and health-insurance battles.

The unexpected decline in retail sales was also payback after Amazon pulled forward its Prime Day event to June from July and a retreat in gasoline prices.

For decades, the investment industry has promoted diversification as the answer to risk. Own stocks. Own bonds. Add a few additional asset classes. Rebalance periodically. The assumption was simple: different investments would behave differently enough to protect investors when markets became difficult.

Wall Street is headed for a winning week in which the S&P 500 has recorded a new all-time high. The Department of Commerce reported that retail sales decreased 0.6% in July.

@CharlesSchwab's Joe Mazzola addresses the slight downturn in July retail sales and what the weakness means for the economy. With hedging at significant lows, Joe says investors are confident in the current market environment but warns of tailwinds "dissipating pretty quickly.

U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 100 points on Friday.