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Elon Musk's Internet Venture Gets the Green Light in Another Major Market. Here's What to Know. - Vimarsana News

Elon Musk's Internet Venture Gets the Green Light in Another Major Market. Here's What to Know.

By Jack Denton Order Reprints Text size The U.K. approval marks a major expansion by Starlink, part of SpaceX, into Europe. Getty Images The antennas for the satellite broadband system founded by Elon Musk, Starlink, have been granted a license by the U.K.’s communications regulator, opening the door for the company’s expansion into another major market. Starlink is a part of SpaceX, the private space-exploration company founded by Musk, but the billionaire engineer has said that the satellite internet service is a candidate for an initial public ...

Exxon's Dividend Looks Secure, Analyst Says in Upgrade - Vimarsana News

Exxon's Dividend Looks Secure, Analyst Says in Upgrade

Morgan Stanley’s Devin McDermott says that the stock could return 30%.

Buying Airline Stocks Now Takes 'Leap of Faith,' Analyst Says - Vimarsana News

Buying Airline Stocks Now Takes 'Leap of Faith,' Analyst Says

Order Reprints Text size Passengers waiting at the Southwest Airlines counter at Ronald Reagan Washington National Airport. Daniel Slim/AFP via Getty Images Investors who buy airline stocks may now have to endure some pain and take a “leap of faith” that revenues will recover sharply in the second half of the year, one analyst says. Airlines came into the new year with high hopes of sustaining some momentum from December, when air traffic soared around the holidays—reaching highs not seen since the pandemic started. Yet booking trends have since weakened, with th...

Roku Stock Has Soared. Citigroup Sees New Heights Ahead. - Vimarsana News

Roku Stock Has Soared. Citigroup Sees New Heights Ahead.

Dreamstime Roku stock is nearing even the most bullish analyst price targets. Citigroup analyst Jason Bazinet thinks the run can continue. Bazinet in a note on Sunday raised his price target on the stock (ticker: ROKU) to $460 a share, from $375 a share. He ended September with a $220 target. His new target is higher than any other price target listed by FactSet, and implies 15% upside from recent levels. The mean price target is $302.15, according to FactSet. Last week, Roku said it had reached a deal to add dozens of shows from the defunct Quibi streaming platform to the ...

Gilead Says Sales of Covid-19 Antiviral Beat Expectations as Pandemic Worsened - Vimarsana News

Gilead Says Sales of Covid-19 Antiviral Beat Expectations as Pandemic Worsened

Half of the patients hospitalized with Covid-19 are receiving remdesivir, which is sold as Veklury, according to CEO Daniel O’Day.