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CSE:DIAL 8 August 2025

Complete Guide to Internet Access in Sri Lanka: Fiber, 4G, and Satellite Expansion

Complete Guide to Internet Access in Sri Lanka: Fiber, 4G, and Satellite Expansion

Sri Lanka reported 29.3 million mobile subscriptions in early 2025, surpassing its population. The government paused Starlink’s nationwide satellite broadband rollout in March 2025, citing security concerns. 4G LTE covers nearly the entire population, while rural internet penetration reached 56% in 2024. Mobile data costs about $0.25 per GB, among the lowest globally.
8 August 2025

Stock Market Today

  • Construction Spending Rebounds Boosting Homebuilding Stocks D.R. Horton and LGI Homes
    June 10, 2026, 9:41 AM EDT. Construction spending rose 0.4% in April, driven by private projects and housing demand, despite higher mortgage rates and tariffs. The housing industry led growth, with residential construction up 0.8%. Existing home sales increased 3.2% in May, reflecting strong demand. Two homebuilders, D.R. Horton (DHI) and LGI Homes (LGIH), stand out. D.R. Horton, operating nationally, shows a 12.5% expected earnings growth for next year, and an improving earnings estimate. LGI Homes focuses on affordable entry-level homes in key states, targeting renters converting to homeowners. The rebound in construction spending underlines a potential upswing for these stocks as mortgage conditions stabilize.

Latest articles

Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

10 June 2026
Rigetti Computing plunged 9.55% to $19.69 Tuesday and dipped further premarket after director Ray O. Johnson filed to sell 122,188 shares worth $2.6 million, testing investor confidence following a recent rally on news of a potential $100 million U.S. Commerce Department quantum-computing award, with traders watching for binding funding terms amid ongoing volatility.
PATH slips again, investors keep questioning AI automation bet

PATH slips again, investors keep questioning AI automation bet

10 June 2026
UiPath shares slid 3.76% to $10.75 and dropped another 1.49% pre-market as investors focused on slowing annual recurring revenue growth—up 12% to $1.901 billion versus 17% revenue growth—raising doubts about AI automation’s impact on recurring sales; second-quarter ARR guidance of $1.929–$1.934 billion is now the key number for PATH’s stock direction.
BlackBerry Drops Again; QNX Gains on the Line With June Earnings Ahead

BlackBerry Drops Again; QNX Gains on the Line With June Earnings Ahead

10 June 2026
BlackBerry shares dropped 4.84% to $8.84 Tuesday and slid further to $8.42 premarket Wednesday, erasing part of a 49% rally as investors question whether QNX and Secure Communications growth can justify recent gains ahead of Q1 fiscal 2027 earnings on June 25; the stock is now down 14.5% from last week’s close.
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