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Bank of America analysts raised Soitec to buy from neutral, saying photonics should significantly expand the French semiconductor-materials maker's gross margin over the coming years. They see gross margin rising to 29% in fiscal 2027, 39% in fiscal 2028 and 44% in fiscal 2029.
JPMorgan analyst Sebastiano Petti says SpaceX’s accelerated mobile network efforts and spectrum-license deal from Grain Management pose limited near-term risk to U.S. wireless incumbents, though sentiment could shift as a new entrant emerges.
SpaceX reached a deal to buy U.S. cellular spectrum licenses from Grain Management for about $8 billion in cash, according to people familiar with the matter. The move expands Elon Musk's company further into the wireless market.
SpaceX agreed to buy cellular spectrum licenses from Grain Management for about $8 billion in cash, according to people familiar with the matter. The deal is the company’s biggest move yet into the wireless market and its shares rose after hours.
SpaceX reached a deal to buy U.S. cellular spectrum licenses from Grain Management as it pushes further into wireless service. The company said it will seek FCC approval and use the spectrum to extend Starlink beyond broadband.
SpaceX agreed to buy U.S. cellular spectrum licenses from Grain Management, with about 800 MHz licenses targeted for tower-based wireless service, pending FCC approval.