State Street Consumer Discretionary Select Sector SPDR ETF News - April 2026
Amazon acquires Globalstar, challenging Starlink with direct-to-device services
Amazon entered a definitive agreement to acquire satellite operator Globalstar. The deal expands Amazon Leo satellite connectivity services to offer...
Amazon acquires Globalstar for $11.6B to challenge Starlink and power iPhones
Amazon signed a definitive agreement to acquire satellite operator Globalstar for approximately $11.6 billion. The cash-and-stock transaction strengthens...
Amazon buys Globalstar for $11.57B, challenging Starlink in satellite market
Amazon is acquiring satellite operator Globalstar for approximately $11.57 billion. This move bolsters the Amazon Leo initiative, formerly known as Project...
Amazon acquires Globalstar for $11.5B, challenging Starlink and powering Apple SOS
Amazon entered a definitive agreement to acquire satellite operator Globalstar for approximately $11.57 billion. The acquisition aims to accelerate the...
Amazon acquires Globalstar, partnering with Apple to challenge SpaceX Starlink
Amazon entered a definitive agreement to acquire satellite services provider Globalstar. The deal values Globalstar at approximately $90 per share in cash or...
Amazon Nears Globalstar Acquisition, Challenging Musk’s Starlink
Amazon.com Inc. is in advanced negotiations to acquire satellite operator Globalstar. An official announcement could arrive as early as April 14, 2026. The...
University of Michigan Sentiment Hits Record Low, Fueling Retail Sector Fears
The University of Michigan's preliminary consumer sentiment index fell to a record low of 47.6 in April. This reading marks a sharp decline from the 53.3 level...
US Inflation Surges 0.9% in March, Driven by Iran Conflict Energy Spike
The U.S. Labor Department reported a 0.9% surge in consumer prices on Friday. This March increase represents the largest monthly jump in nearly four years....
March CPI report threatens Fed rate cuts, following Iran war energy spike
The U.S. Bureau of Labor Statistics releases the March Consumer Price Index (CPI) today. This report provides the first full measure of the Iran war’s impact...
US Inflation Surges to 3.3% in March, Driven by Energy Price Spike
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose to 3.3% year-over-year in March. This figure represents a sharp increase...
Starbucks Cedes China Control in $4B Deal, Targeting 20,000 Stores
Starbucks finalized a $4 billion joint venture with private equity firm Boyu Capital. Boyu Capital acquired a 60% controlling stake in the China retail...