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Gadgets News 2 June 2025

Satellite Phones: A Comprehensive Report

Satellite Phones: A Comprehensive Report

Iridium, a LEO network, started service in 1998 and operates 66 active cross-linked satellites, delivering near-global coverage, with the Iridium NEXT second-generation network launched in 2019. Globalstar uses 48 satellites (24 second-generation as of 2013), has no inter-satellite links and relies on ground gateways, and Apple’s Emergency SOS on iPhone 14 uses about 85% of Globalstar’s capacity for emergency texts. Inmarsat operates a GEO fleet of about 11 satellites, offers IsatPhone handheld services, the IsatPhone 2 provides ~8 hours of talk time and 160 hours of standby, and Inmarsat expanded with I-4/I-6 series after its 2023 acquisition by Viasat. Thuraya
2 June 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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