Globalstar is a telecommunications company that specializes in satellite communication services. It provides voice and data services to a wide range of customers, including individuals, businesses, and government agencies, particularly in remote and rural areas where traditional cellular service is unavailable or unreliable. The company operates a constellation of low Earth orbit satellites that facilitate global connectivity and enable users to communicate via satellite phones, GPS tracking, and various Internet of Things (IoT) applications. Globalstar's technology plays a crucial role in enhancing communication capabilities across diverse industries, including agriculture, maritime, and energy. Read More
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 2.6% in the afternoon session after sentiment in the tech space improved, fueled by significant developments from OpenAI.
New York, NY – October 2, 2025 – AST SpaceMobile (NASDAQ: ASTS) witnessed a dramatic surge in its stock price today, climbing 11.9% after the company announced a successful space-based direct-to-cell connectivity test in partnership with Bell Canada. This landmark achievement, which follows an earlier nearly 10% jump in after-hours trading
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 5.3% in the afternoon session after investor optimism grew around its strategic bet on XCOM's Radio Access Network (RAN) technology and its potential as a key growth driver.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 4% in the morning session after the company announced it began construction to double the size of its ground station in Estonia.
Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, together with its wholly-owned subsidiary, Globalstar Europe SAS, today announces that construction has commenced to double the size of its existing ground station in Estonia to support the expansion of its enhanced mobile satellite system and services.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 8% in the afternoon session after a bullish mention from CNBC's Jim Cramer and the company outlined its ambitious expansion strategy.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 3% in the afternoon session after the company announced plans to bring its HIBLEO-XL-1 satellite system into use to prepare for its next era of mobile satellite connectivity.
Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces plans to bring-into-use its HIBLEO-XL-1 satellite system filing in preparation for its next era of mobile satellite connectivity.
What a time it’s been for Globalstar. In the past six months alone, the company’s stock price has increased by a massive 69.3%, reaching $36.78 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average up 0.25% at 45,514.95, the S&P 500 advancing 0.2% to 6,495.15, and the Nasdaq climbing 0.45% to 21,798.69. These are the top stocks that gained the attention of retail traders and investors throughout the day.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 17.8% in the morning session after the company announced a significant expansion of its global ground infrastructure to support its next-generation mobile satellite network.
Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming conferences:
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Globalstar (NASDAQ:GSAT) and its peers.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 4.8% in the afternoon session after a major deal was announced by a peer company.
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
