Semiconductors are the silicon backbone of the digital revolution. But they’re also susceptible to economic fluctuations as chip demand will ebb and flow with capital spending.
Unfortunately, the market seems to be predicting a downturn as the industry has tumbled by 18.3% over the past six months. This performance was much worse than the S&P 500’s 2% fall.
SatixFy Communications shares surged after MDA Space unveiled a $193 million all-cash acquisition. The deal, offering $2.10 per share, enhances MDA's satellite communications technology with SatixFy's patented innovations.
In the face of escalating protests and boycotts, Errol Musk, father of Elon Musk, has come forward to defend his son's cost-cutting initiatives for the U.S. government.
