Money

Musk’s Starlink to stay active in Ukraine despite funding woes

Published

3 years ago

October 24, 2022

In a show of good faith to the Ukrainian government, Elon Musk has stated that SpaceX will not be shutting off its Starlink satellite internet service even if the company does not receive funding from the United States Defense Department.

This pledge comes as a relief to Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov, who has been a vocal supporter of SpaceX and Starlink.

Starlink is a key player in providing telecommunication services in Ukraine, which has been embroiled in conflict in recent years. The service has only been active in the country for less than a year, but it has already made a significant impact. Last spring, SpaceX began delivering terminals for the satellite internet service to Kyiv. These terminals have allowed the city to stay connected despite hostile conditions.

Musk’s tweet came in response to questions about whether or not the United States government would continue to fund SpaceX’s efforts in Ukraine. The Defense Department has been a key supporter of SpaceX, but it has yet to make a decision about continued funding.

While it remains to be seen whether or not the Defense Department will provide more funding for SpaceX, one thing is certain: Starlink will remain operational in Ukraine regardless of what happens.

Thanks to Musk’s commitment, Kyiv and other parts of the country will be able to stay connected no matter what.

Elon Musk has pledged that SpaceX’s Starlink satellite internet service will remain active in Ukraine regardless of whether or not the company receives additional funding from the United States Defense Department.

This is good news for Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov, who has been a vocal supporter of both SpaceX and Starlink.

The service has only been operational in Ukraine for a little over six months, but it has already made a big impact by helping Kyiv stay connected despite hostile conditions.

Money

U.S. stocks falling amid AI worries and weak earnings

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

Published

1 day ago

February 13, 2026

Harvey Vargas

U.S. stocks decline amid AI concerns, defensive sectors rising; traders eye commodities, jobs data, and currency trends for insights.

U.S. stocks are tumbling as investors grow concerned over AI profitability and disappointing earnings. Defensive sectors are attracting attention ahead of the upcoming CPI report, while market participants are carefully watching how tech-heavy AI stocks are influencing broader indices. Steve Gopalan from SkandaFX notes that these factors are shaping market sentiment.

For traders, commodities like gold and oil are also playing a role in sentiment, providing hedges amid market uncertainty. The January jobs report and unemployment data are adding further context, with potential implications for Federal Reserve policy.

Market expectations for rate cuts are shifting as investors weigh economic indicators against global market dynamics. Traders are also eyeing currency movements, including the Australian Dollar and Japanese yen, for signs of broader economic trends.

Money

Wall Street tumbles as tech stocks face AI disruption fears

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Published

1 day ago

February 13, 2026

Harvey Vargas

Wall Street falters as tech stocks dive amid AI anxieties; 2026 seen as critical for proving AI investment returns.

Wall Street took a sharp hit as tech stocks plummeted amid growing investor anxiety over artificial intelligence. Markets reacted strongly to uncertainty about how AI could disrupt major sectors, leaving investors on edge. Kyle Rodda from Capital.com explains why investors are nervous about what’s ahead.

Cisco Systems’ quarterly results added to the market jitters, while defensive sectors gained attention as investors sought safer bets. Analysts describe 2026 as a ‘prove it’ year for AI, with companies needing to demonstrate real returns on their ambitious investments.

The January Consumer Price Index report and rising concerns over AI’s impact on transportation companies further weighed on sentiment. Investors are now closely watching major tech firms for signals on how AI spending will shape future market performance.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #TechStocks #ArtificialIntelligence #StockMarket #Investing #MarketCrash #NASDAQ #FinanceNews

Money

U.S. jobs report, Fed decisions, and Japan’s economic risks explained

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

Published

2 days ago

February 12, 2026

Harvey Vargas

January US jobs report sparks uncertainty; analysts debate impact on Federal Reserve policy and market confidence.

The January US jobs report shows a mixed picture for the economy, with payroll revisions and steady unemployment leaving analysts questioning the impact on Federal Reserve policy. We break down what the numbers mean for interest rates and market confidence.

US stock markets could face turbulence as investors digest the latest jobs data. David Scutt from StoneX explains how these figures may influence equities and what the outlook is for global markets.

Meanwhile, developments in Japan and a strengthening yen could spark new macroeconomic risks. From carry trades to unexpected shocks, we explore how these factors ripple across the global economy.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USJobsReport #FederalReserve #StockMarket #MacroRisks #JapanEconomy #GlobalMarkets #CurrencyTrading #EconomicUpdate