GSAT News and Press, Globalstar Inc. From 09/19/22

Apple's ambitions for extra access vectors in its iPhones may not stop at emergency access, and might offer the maker of the iconic phone the chance to get still more control over connectivity. The tech giant's recent event unveiling the iPhone 14 incorporated an "Emergency SO...

Penny stocks are shares of companies you can buy for less than $5, according to the definition. But what should you really know about investing in stocks like these? Volatility and speculation usually play a big part in directional trends. That’s especially true when there are active...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the release of Apple’s (NASDAQ: AAPL ) iPhone 14 and other accompanying models, the tech giant also announced a new collaboration with Globalstar (NYSEARCA: GSAT ). Globalstar will provide Apple with its...

Globalstar stock ( NYSE: GSAT ) has jumped 2% in response to a number of filings indicating insider buying in the stock. Director and 10% stakeholder James Monroe III on Monday bought 100,000 shares indirectly through Thermo Properties, at an average price of $1.83...

Summary It appears that the partnership between Globalstar and Apple for satellite-based communications is now a reality. With the service launch planned for Q4 this year, Globalstar's revenues for 2023 should rise as it sells to its cash-rich partner. It is important to provi...

Summary U.S. equity markets snapped a three-week skid with broad-based gains this week as domestic inflation expectations receded sharply amid a further deterioration in the demand outlook for Europe and Asia. Rebounding after a three-week selloff that had erased much of the late-...

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Elon Musk says his company SpaceX ( SPACE ) talked with Apple ( AAPL ) over plans to bring satellite service to iPhones, using SpaceX's Starlink satellite constellation. "We’ve had some promising conversations with Apple about Starlink connectivity. iPhone team is obv...

Well that was certainly exciting ! Over the course of six and a half hours of frenzied trading, shares of satellite communications company Globalstar (NYSEMKT: GSAT) first plunged 23%, then soared 85% (off their lows), before ultimately closing out Wednesday right back w...

Summary Wednesday revealed the long gestation of Apple’s satellite efforts. Why is satcom from a smartphone so hard? And any idea on Apple’s satellite communications provider? This is the beginning of the true “always connected” era. At Ap...