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NASDAQ:OVZON 9 July 2025

Space News Roundup: July 2025 / Updated: 2025, July 9th, 12:02 CET

Space News Roundup: July 2025 / Updated: 2025, July 9th, 12:02 CET

SpaceX reported $4.2 billion in 2024 revenue and operates over 7,000 satellites, targeting a valuation up to $4 trillion. Starlink plans 22,000 satellites by 2030. Ovzon won a SEK 72 million order from Sweden’s FMV for mobile satellite terminals, with deliveries in Q3 2025. NASA’s ATLAS telescope detected interstellar comet 3I/ATLAS, visible through September before its December return.

Stock Market Today

  • Sugar Prices Decline After USDA Projects India Sugar Surplus for 2026/27
    April 30, 2026, 3:00 PM EDT. Sugar prices fell on Thursday as the U.S. Department of Agriculture (USDA) forecast a 2.5 million metric ton surplus in India's 2026/27 sugar output, the first surplus in two years. India, the world's second-largest sugar producer, prompted a selloff after initial gains. Prices initially rose supported by soaring gasoline prices, which boost ethanol demand and lead Brazilian mills to shift more cane crushing towards ethanol production, lowering sugar output. Brazil's Center-South region reported an 11.9% year-on-year drop in sugar production for the first half of April. Meanwhile, the USDA forecast Brazil's 2026/27 sugar output to decline 3%. Global sugar supplies appear tightening, with analysts cutting surplus projections, but abundant supplies and weak demand continue to pressure prices.

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Stellantis N.V. Stock Slides: Q1 Profit Rebound Leaves One Big Cash-Flow Question

Stellantis N.V. Stock Slides: Q1 Profit Rebound Leaves One Big Cash-Flow Question

30 April 2026
Stellantis reported a first-quarter net profit of €377 million, reversing a €387 million loss a year earlier, aided by a €400 million expected U.S. tariff refund. Industrial free cash flow remained negative at €1.92 billion. Shares fell 6.4% to €6.22 after the results. CEO Antonio Filosa faces pressure ahead of a May 21 investor day to present a stronger turnaround plan.
Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

Oil Prices Surge: Trump’s Iran Standoff Sends Brent Past $126 as Gas Hits $4.30

30 April 2026
Brent crude briefly topped $126 a barrel Thursday, a four-year high, as traders reacted to a prolonged Strait of Hormuz shutdown and possible new U.S. military action against Iran. U.S. gasoline rose to $4.300 a gallon, up 27 cents in a week. Washington is seeking partners for a maritime coalition and considering further use of the Strategic Petroleum Reserve. Iran warned of strikes on U.S. positions if attacks resume.
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