Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
South Korea Remains MSCI Emerging Market Despite Reform Progress 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
Today’s space race could turn fatal if we don’t agree on new rules 
Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion 
Shares of satellite services provider Globalstar soared more than 60 percent Monday due to a report that the next iPhone will have satellite communications capabilities.
According to the report, TFI International Securities analyst Ming-Chi Kuo said Globalstar is most likely to partner with Apple, which is optimistic about the satellite communications trend and will likely include the capability in its upcoming iPhone.
Kuo added that if Apple enables the function, iPhone 13 users can connect via satellite when not within 4G or 5G coverage.
The new iPhone, expected to launch this fall, doesn’t have an official name, yet, but many refer to it as the iPhone 13.
Globalstar has a phone network of 24 satellites in low Earth orbit.
