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BSE:MTEL 13 June 2025

Hungary’s Digital Lifeline: How Fiber, 5G, and Satellites Are Rewiring the Nation

Hungary’s Digital Lifeline: How Fiber, 5G, and Satellites Are Rewiring the Nation

By late 2023, over 97% of Hungarian households had access to wired broadband, with pure fiber reaching 70%. Gigabit-speed networks passed two-thirds of homes by 2022, and 5G coverage expanded to 58% by end-2022. Magyar Telekom, Vodafone, and DIGI controlled most of the fixed broadband market, with Vodafone and DIGI merging by 2025. Starlink launched in 2022, offering satellite internet via a local reseller by 2024.
13 June 2025
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Stock Market Today

  • Direxion Daily AMZN Bear ETF (AMZD) Dips Into Oversold Territory Amid Heavy Selling
    April 9, 2026, 5:14 PM EDT. Shares of the Direxion Daily AMZN Bear 1X Shares ETF (AMZD) fell to $9.77 on Thursday, entering oversold territory as indicated by a Relative Strength Index (RSI) of 29.8. The RSI, a momentum indicator scaled zero to 100, marks readings below 30 as oversold, suggesting sellers may be exhausted. For comparison, the S&P 500's RSI stands at 60.6. AMZD's 52-week trading range spans $9.03 to $14.67, with Thursday's close near the low end at $9.80, down 5.1% on the day. Investors eyeing bearish exposure to Amazon through AMZD might see this as a potential entry point amid heightened selling pressures.

Latest article

Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

9 April 2026
Tesla is developing a lower-cost compact SUV, with initial production planned for Shanghai, Reuters reported Thursday. The company built 408,386 vehicles and delivered 358,023 in the first quarter, leaving its widest gap in at least four years. Reuters said the new SUV likely will not reach production this year. Tesla did not respond to questions about the project.
NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

9 April 2026
NIO opened pre-orders for its ES9 flagship SUV Thursday, pricing it at 528,000 yuan with battery or 420,000 yuan under its Battery-as-a-Service plan. March deliveries rose 136% year-on-year, but NIO’s U.S. shares fell 4.9% after the announcement. The ES9 enters a shrinking premium SUV market in China, competing with Li Auto and Aito. CEO William Li warned chip shortages could add up to 10,000 yuan per vehicle.
Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

9 April 2026
Plug Power shares rose 2.5% to $2.715 Thursday after the company reaffirmed its target of positive EBITDAS by end-2026 and projected up to $200 million in savings from Project Quantum Leap. The update followed a major electrolyzer project win in Quebec and investor meetings in Toronto and Montreal. Plug reported 2025 revenue of $710 million and a fourth-quarter gross profit of $5.5 million.
Oil Prices Today: Brent, WTI Rebound as Fragile Iran Ceasefire Leaves Hormuz Choked

Oil Prices Today: Brent, WTI Rebound as Fragile Iran Ceasefire Leaves Hormuz Choked

9 April 2026
Oil prices rebounded Thursday as traffic through the Strait of Hormuz stayed below 10% of normal, with just seven ships passing in 24 hours. Brent crude rose 1% to $95.65 a barrel, while U.S. WTI climbed 3.2% to $97.39. North Sea Forties crude hit a record $146.43. Major shippers and banks warned supply disruptions could persist for weeks despite the U.S.-Iran ceasefire.
Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

Natural Gas Price Today: Europe’s TTF Holds Near €44 as EU Says Supply Is Safe for Now

9 April 2026
European natural gas prices hovered near 44 euros per megawatt hour Thursday after a 15% drop in the Dutch TTF benchmark. Brussels reported no immediate supply risk from the Iran crisis, but ship traffic through the Strait of Hormuz remained below 10% of normal. QatarEnergy restarted some LNG production, though full recovery depends on shipping. Goldman Sachs cut its TTF price forecast, citing possible volatility if disruptions persist.
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