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ASX:KLS 14 September 2025

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s space sector reached about 80 companies and 1,650 employees in 2024, up from 16 firms in 2012. The government pledged €301 million for the GovSat-2 satellite in 2025 and maintains the EU’s highest space budget share. Space activities generated 1.7% of GDP in 2023. Laws since 2017 grant private firms rights to mined space resources.
14 September 2025
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Stock Market Today

  • Oil Prices Retreat from Four-Year High as Yen Soars and Bond Yields Drop
    April 30, 2026, 11:05 PM EDT. Oil prices fell sharply after reaching a four-year peak due to concerns over potential U.S.-Iran conflict. Brent crude dropped from $126 to $113 a barrel amid geopolitical tensions. The Japanese yen surged over 3% against the dollar following warnings of possible currency intervention by Japan's Finance Minister. Meanwhile, global bond yields dipped, with UK 2-year gilt yields falling over 10 basis points after the Bank of England kept rates steady at 3.75%. ECB and BoE officials cited uncertainty and inflation risks tied to the oil price shock. U.S. President Trump is set for a briefing on Iran military plans, adding to market volatility. Markets brace for extended inflation pressures alongside economic slowdown risks, according to economists.

Latest article

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

30 April 2026
Nvidia shares dropped 4.6% to $199.57 Thursday as investors reacted to Alphabet and Amazon expanding sales of their own AI chips. Alphabet reported Google Cloud revenue up 63% and began selling TPU chips directly to customers. AMD and Broadcom shares rose 5.1% and 3.0%, respectively. Amazon said its Trainium chip line secured $225 billion in revenue commitments.
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