Money

Jeff Bezos’s rocket dream takes a big step

Published

2 years ago

August 8, 2023

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.

Money

How to position investments for 2026: Expert advice on market cycles

As 2026 begins, strategic investment positioning and understanding market cycles are crucial for navigating today’s evolving financial landscape.

Published

16 hours ago

January 14, 2026

Harvey Vargas

As 2026 begins, strategic investment positioning and understanding market cycles are crucial for navigating today’s evolving financial landscape.

As 2026 begins, investors are navigating an evolving market landscape. Experts stress that positioning your investments strategically is far more important than trying to predict market movements.

Key factors include focusing on quality companies, maintaining strong cash flow, and diversifying intelligently.

Dale Gillham from Wealth Within Group joins us to break down what defines a major market cycle and why understanding it can shape your investment approach. From identifying inflation-resilient businesses to selectively tapping into growth themes like AI, this discussion covers essential strategies for the year ahead.

We also explore the role of risk management, the importance of an exit strategy, and how emotional decision-making can impact your portfolio. For anyone looking to strengthen their investing education and skills, this episode offers actionable insights to gain an edge in 2026.

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#Investing2026 #MarketCycles #WealthManagement #AIInvesting #FinancialStrategy #RiskManagement #InvestmentTips #TickerNews

Money

Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

Published

2 days ago

January 13, 2026

Harvey Vargas

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.

Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.

Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.

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#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews

Money

Stocks hit record high as Powell faces investigation and Trump proposes credit cap

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

Published

2 days ago

January 13, 2026

Harvey Vargas

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.

Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.

In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.

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#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures