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American Tower, SBA Communications and Crown Castle rose after SpaceX said it agreed to acquire wireless spectrum from Grain Management. Analysts said the move could support traditional tower operators and make spectrum holdings more valuable.
U.S. stocks edged higher by midday Friday, with the Nasdaq rebounding from Thursday’s setback sparked by concerns over OpenAI’s weaker-than-expected revenue, while the wireless carriers were hammered by a Space Exploration Technologies Corp. (NASDAQ: SPCX ) spectrum deal. SpaceX said Thursday it acquired a nationwide 8
Bitcoin climbed to nearly $83,000 as investors rotated back into cryptocurrency shares. The move came amid rising global tensions and energy costs.
Bitcoin rose to nearly $83,000, lifting cryptocurrency-related shares after a sharp rebound from earlier this week. The move came as global tensions intensified and energy costs rose.