ZEX PR WIRE

SpaceX Spectrum Acquisition Sends Telecom Stocks Lower as Starlink Expands Mobile Ambitions

NEW YORK, New York, United States, 10 October 2026, ZEX PR WIRE — Shares of major U.S. telecommunications companies fell on Friday after SpaceX acquired a portfolio of low-band wireless spectrum, raising concerns that Elon Musk's company could become a more direct competitor to established mobile network operators. The development puts Read more

October 10, 2026|
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Delta Air Lines Cuts 2026 Profit Forecast as Higher Costs and Travel Demand Weigh on Outlook

ATLANTA, Georgia, United States, 10 October 2026, ZEX PR WIRE — Delta Air Lines has lowered its annual profit forecast, highlighting the pressure facing U.S. airlines as higher operating costs and changing travel demand complicate the industry's outlook. The revised guidance comes as investors prepare to assess corporate earnings against elevated Read more

October 10, 2026|
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SweepBurger Launches Diner-Themed Online Sweepstakes Casino in Eligible U.S. States

TOMS RIVER, N.J., October 9th, 2026 — Winfield LLC announced that SweepBurger.com, its online sweepstakes casino modeled after American fast-food diners, launched on September 14, 2026, and is now open for registration by eligible U.S. players. The platform operates under a free-to-play sweepstakes model with no purchase necessary. Players use Read more

October 9, 2026|
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Applied Digital Revenue Surges as AI Data Center Demand Accelerates Investor Interest

DALLAS, United States, October 8, 2026, ZEX PR WIRE — Applied Digital is drawing investor attention after reporting a sharp increase in quarterly revenue, highlighting the growing demand for data center capacity from artificial intelligence companies and hyperscale technology providers. The data center developer reported quarterly revenue of $341.9 million, representing a 320% Read more

October 8, 2026|
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China Stocks Slide as High Tech Valuations Face Earnings Test Amid Rising Global Market Risks

SHANGHAI, China, October 8, 2026, ZEX PR WIRE — Chinese stocks fell on Thursday as investors returned from a week long holiday to a more challenging global market environment, with higher bond yields, rising oil prices and concerns over stretched technology valuations weighing on sentiment. The decline came as global investors reassessed risk Read more

October 8, 2026|
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AI Debt Boom Raises New Risk for Tech Stocks as Companies Turn to Bond Markets for Chip Spending

NEW YORK, United States, October 8, 2026, ZEX PR WIRE — The artificial intelligence investment boom is entering a new phase as major technology companies increasingly turn to debt markets to finance the enormous cost of AI infrastructure, raising fresh questions for investors about leverage, funding costs and the sustainability of the sector's Read more

October 8, 2026|
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