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Amazon agreed to acquire Globalstar to strengthen its low Earth orbit satellite network and accelerate direct-to-device connectivity. The move intensifies competition with SpaceX’s Starlink.
The CEOs of Bank of America, Wells Fargo and Citigroup will meet senators Thursday to discuss upcoming crypto market legislation and its implications for U.S. financial stability.
Berkshire Hathaway adds a $1.24 billion stake in Constellation Brands while sharply reducing major bank holdings.
Citigroup projects that Indian companies could raise as much as $20 billion via IPOs in the coming year, signaling strong momentum in equity capital markets.
Citigroup forecasts Ether could fall to about $4,300 by the end of 2025 under its base scenario, warning current price levels may be supported more by sentiment than fundamentals.