Telecom stocks slide after SpaceX low-band spectrum acquisition
US and European telecom shares fell in premarket trading after concerns that SpaceX’s acquisition of low-band spectrum could intensify competition from satellite-based mobile services.
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Goldman upgrades Palantir to buy
Goldman Sachs raised Palantir to buy from neutral, citing its positioning in bespoke software, sovereign AI and broader enterprise demand for AI tools. The stock was up 1.6% after the note.