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Jeff Bezos’s rocket dream takes a big step

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Amazon has altered its plans for launching its first set of prototype internet satellites to prevent further delays in their deployment.

The company intends to launch these satellites, which are part of its Kuiper program aiming to provide global internet coverage from space, on a dedicated Atlas V rocket from the United Launch Alliance (ULA), a joint venture between Boeing and Lockheed.

The launch is scheduled for September 26. Initially, Amazon had planned to use ULA’s new Vulcan rocket for the launch, but Vulcan faced testing challenges that pushed its launch date to the fourth quarter of 2023.

To meet regulatory deadlines and deploy half of its planned 3,200 satellites by 2026, Amazon decided to switch rockets once again.

The move is part of Amazon’s effort to compete with SpaceX’s Starlink network by investing $10 billion into its satellite internet initiative.

Amazon secured 83 launches for deploying its satellites, with nine of them utilizing the Atlas V rocket, which has a proven track record in space missions.

The Atlas V rocket has been ULA’s workhorse launcher, involved in launching satellites for various purposes, including multibillion dollar science missions for NASA and critical national security missions for the Pentagon. ULA had discontinued the sale of the Atlas V in 2021 and has 19 more missions planned before the rocket’s retirement.

This particular launch planned for September remains uncertain if it’s included in the nine that Amazon had previously procured.

The decision showcases Amazon’s determination to establish itself in the satellite internet market, pledging significant investment to rival established networks.

As Amazon navigates through these changes, it aims to stay competitive in this fast-evolving sector while addressing the challenges and opportunities of satellite-based internet coverage.

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U.S. investors flee stock market for global opportunities

U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

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U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

U.S. investors are withdrawing money from domestic stocks at the fastest rate in 16 years, with $75 billion leaving equity products over the past six months. The trend accelerated in 2026, with $52 billion pulled from Wall Street so far.

Concerns over AI risks and weaker performance at home are prompting investors to look abroad, even though a softer dollar makes foreign investments more expensive. Emerging markets are seeing inflows at the fastest pace in five years, according to Bank of America.

As global opportunities become more attractive, many U.S. investors are now evaluating overseas markets for growth potential.

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US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

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Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

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