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NASDAQ:WRSP 20 June 2025

Satellite Radio Revolution: 14 Things You Need to Know About Its History, Technology, and Future

Satellite Radio Revolution: 14 Things You Need to Know About Its History, Technology, and Future

SiriusXM, the result of a 2008 merger between Sirius and XM, reported 33 to 34 million subscribers by late 2024. The company launched a free ad-supported tier in August 2024 and added the SXM-10 satellite to its fleet in June 2025. About 60% of new cars included SiriusXM receivers, with half of those buyers converting to paid subscriptions. WorldSpace, an early satellite radio pioneer, ceased operations in 2009.
20 June 2025
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Stock Market Today

  • Global Cocoa Prices Rise on Reduced Surplus Forecasts and Supply Risks
    April 29, 2026, 2:49 PM EDT. Cocoa prices edged higher with July ICE NY cocoa up 0.65% and May ICE London cocoa 0.80% stronger amid forecasts of a reduced global surplus. StoneX lowered its 2026/27 global surplus estimate to 149,000 MT from 267,000 MT, citing El Niño-related risks to West African crops. The prolonged closure of the Strait of Hormuz has disrupted supply chains, increasing costs and supporting prices. However, weak chocolate demand in North America and Europe weighs on the market, with notable declines in cocoa grindings. Asian grindings bucked the trend, rising 5.2% year-on-year. Nigerian production declines and ongoing drought in key West African cocoa regions add bullish pressure, contrasted by stable Ivory Coast shipments. Inventory levels remain high, with ICE stocks at a 20-month peak.

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Why Rising Dragon Acquisition Stock Surged as RDAC Seeks More Time for HZJL SPAC Deal

Why Rising Dragon Acquisition Stock Surged as RDAC Seeks More Time for HZJL SPAC Deal

29 April 2026
Rising Dragon Acquisition Corp. shares surged over 400% to $21.72 Wednesday after the SPAC proposed extending its merger deadline with HZJL Cayman Limited. The company called a May 28 shareholder meeting to vote on extending the deadline by up to 15 months. Rising Dragon’s board urged shareholders to approve the extension. The HZJL merger has not closed.
Upstart Stock Falls After $1.25 Billion Fortress Deal: Why Investors Are Still Wary

Upstart Stock Falls After $1.25 Billion Fortress Deal: Why Investors Are Still Wary

29 April 2026
Upstart Holdings shares fell $2.09 to $30.77 Wednesday after announcing Fortress Investment Group affiliates will buy up to $1.25 billion in consumer loans over 15 months. March loan originations rose 60% year over year to $1.263 billion. In 2025, Upstart’s revenue climbed 64% to $1.0 billion, with net income of $53.6 million after a $129 million loss in 2024. Upstart plans to apply for a national bank charter.
Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

Intel Stock Hits Record High as Google AI Chip Report Puts Foundry Turnaround in Play

29 April 2026
Intel shares surged 10% Wednesday after reports that Google may use Intel’s EMIB chip-packaging technology in its next AI processor. The stock hit $94.03 before settling at $93.23. Intel recently reported first-quarter revenue of $13.6 billion, up 7% year over year. CFO David Zinsner said some gains came from selling previously shelved chips.
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