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Globalstar & Telecom CLM to Expand Alcazar Teleport for C-3 System
ZACKS· 2025-07-11 13:46
Core Insights - Globalstar, Inc. has entered into definitive agreements with Telecom Castilla-La Mancha to expand its Alcazar Teleport facility in Spain, enhancing its mobile satellite services network, the C-3 System, to improve connectivity across Europe [1][10] - The expansion will double the size of the Alcazar Teleport, adding three new tracking antennas and essential infrastructure upgrades, reinforcing Globalstar's commitment to enhancing its global ground infrastructure [2][3] Infrastructure Development - The upgrade of the Alcazar facility is crucial for strengthening Globalstar's Low Earth Orbit (LEO) satellite constellation, enabling the company to support next-gen mobile satellite services for millions of users in Europe [3] - Recent power outages in Spain and Portugal highlighted the importance of satellite services, as Globalstar's network remained operational while terrestrial networks failed, showcasing the resilience of its system [4][10] Service and Revenue Growth - Globalstar provides satellite voice and data services in over 120 countries, with a product range that includes mobile and fixed satellite telephones and data modems [5] - The company reported a revenue of $60 million in the last quarter, a 6% year-over-year increase, driven by higher service revenues, and reaffirmed its 2025 revenue guidance between $260 million and $285 million, expecting an adjusted EBITDA margin of around 50% [8] Market Position - Globalstar currently holds a Zacks Rank of 3 (Hold), with its shares increasing by 41.2% over the past year, compared to a 57% growth in the Zacks Satellite and Communication industry [9]
X @The Wall Street Journal
The Wall Street Journal· 2025-07-11 12:59
Traditional landline phones made their exit from households a long time ago. So why are they still everywhere in the business world? https://t.co/pkyEJ2qcC2 ...
Can Assurant and Plug Elevate the Pre-Owned Tech Experience?
ZACKS· 2025-07-09 17:06
Key Takeaways Assurant partners with Plug to enhance certified pre-owned device offerings and customer experience. The deal boosts Plug's value with Assurant-backed warranties, faster shipping, and better device protection. Assurant gains new revenue streams and improved efficiency through Plug's expanding D2C platform.Assurant, Inc. (AIZ) , a leading global provider of protection solutions for connected devices, vehicles, and homes, has entered a strategic collaboration with Plug, a St. Louis-based direc ...
Samsung Introduces the Galaxy Z Fold7
CNET· 2025-07-09 16:29
The big focus is how small it is, width-wise. Skinny legend much? #zfold7 #samsung #samsungunpacked #foldablephones Subscribe to CNET on YouTube: https://www.youtube.com/cnet Never miss a deal again! See CNET’s browser extension 👉 https://bit.ly/3lO7sOU Check out CNET’s Amazon Storefront: https://www.amazon.com/shop/cnet Follow us on TikTok: https://www.tiktok.com/@cnetdotcom Follow us on Instagram: https://www.instagram.com/cnet/ Follow us on Bluesky: https://bsky.app/profile/cnet.com Follow us on X: https ...
X @Bloomberg
Bloomberg· 2025-07-09 15:02
Samsung introduced three new foldable smartphones in an effort to cement its grip on the category before Apple enters the chat next year. @HeySamantha explains the new lineup and what to expect https://t.co/XucgNXKNOJ https://t.co/uvF6HC7qcg ...
3 Audio Video Stocks to Consider Amid Industry Headwinds
ZACKS· 2025-07-08 14:05
Industry Overview - The Zacks Audio Video Production industry includes manufacturers of televisions, speakers, video players, camcorders, gaming consoles, drones, and high-end cameras, providing advanced audio, imaging, and voice technologies for entertainment and communication [3] - The industry is currently facing macroeconomic headwinds, including trade tensions, tariffs, and inflationary pressures, which are likely to suppress consumer spending [4][8] Market Trends - Macroeconomic uncertainty is expected to negatively impact consumer demand, particularly for discretionary purchases, while supply chain disruptions and commodity price fluctuations pose additional challenges [4][5] - Intense competition from low-priced imports, especially from China, Vietnam, and Mexico, is leading to price wars and margin contraction for U.S.-based manufacturers [5] - Technological advancements, such as the shift to digital technology and wireless transmission, are enhancing productivity and catering to the demand for high-resolution video [6] - The demand for premium entertainment is increasing, driven by record labels, TV producers, and advertisers, which is likely to support profitable growth in the industry [7] Industry Performance - The Zacks Audio Video Production industry has outperformed the broader Zacks Consumer Discretionary sector and the S&P 500 over the past year, with a growth of 37.2% compared to the S&P 500's 12.3% [12] - The industry's current Zacks Industry Rank is 201, placing it in the bottom 18% of over 246 Zacks industries, indicating bleak near-term prospects [8][9] Company Highlights - **Sonos, Inc. (SONO)**: The company is experiencing growth from robust home theater sales and has proactively reduced its exposure to China by moving production to Malaysia and Vietnam. Sonos expects revenues of $310-$340 million for the fiscal third quarter, reflecting a sequential increase but a year-over-year decline [19][20][21] - **GoPro, Inc. (GPRO)**: GoPro is focusing on expanding subscription revenues and product innovation, including the launch of new camera models. However, it anticipates lower unit sales and revenue growth in 2025 due to macroeconomic challenges [23][25][27] - **LiveOne, Inc. (LVO)**: LiveOne is expanding its B2B partnerships and has secured significant agreements, including a partnership with Amazon valued at over $16.5 million. The company is preparing for a major collaboration expected to significantly increase its subscriber base [30][31]
A quest for the best headphone mics | The Vergecast
The Verge· 2025-07-08 12:00
Headphone Microphone Testing - The Vergecast conducted microphone tests on over-ear headphones, including Nothing Headphone 1 ($299), Sony WH-1000XM6s ($449), AirPods Max ($549), and Bose Quiet Comfort Ultra [1][2] - Sony WH-1000XM6s were rated as the top pick for voice calls due to clear voice quality and effective background noise cancellation [2][3] - Nothing Headphone 1 was ranked second, offering good noise cancellation but with some voice compression [1][3] - AirPods Max were noted to let in more ambient noise and produced a thinner voice quality, ranking them last for voice calls [2][3] - Bose Quiet Comfort Ultra exhibited an echoey voice quality and inconsistent noise handling, placing them third [3] Strength Training App (Ladder) - Ladder aims to replicate personal training experience through programming, coaching, and accountability, making strength training accessible [3][4] - Ladder uses a matching algorithm to connect users with suitable programs and coaches based on fitness level, goals, and preferences [4] - Ladder emphasizes real coaching and proper form through movement videos and expert-designed progressive workouts [4] - Ladder's integration with Spotify and Apple Music, allowing users to listen to their own playlists, is a core value proposition [5][7] - Ladder uses AI to amplify the work of its coaches, helping them manage team chats and personalize the experience [7][16] - Ladder is exploring nutrition integration and using AI to provide personalized recommendations based on user data [16] AI Fitness Insights - AI fitness insights are seen as potentially beneficial for beginners who lack foundational fitness knowledge [19][21] - Companies offer AI summaries and chatbots, but the effectiveness varies, with some providing generic insights [22][23] - The value of AI lies in contextualizing data, but current AI fitness summaries often fall short of providing meaningful insights [28][32] - Companies acknowledge the need for AI in fitness but are still working on improving its accuracy and personalization [26][27]