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Amazon Acquires Globalstar to Challenge Starlink, Big Banks Kick Off Earnings Season

Amazon Acquires Globalstar to Challenge Starlink, Big Banks Kick Off Earnings Season

Published 1 day, 13 hours ago
Description

Market update for April 14, 2026.

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In today’s episode:

  • March PPI comes in way below expectations, wholesale prices up just 0.5% vs. 1.1% forecast

  • Big banks kick off earnings season: JPMorgan, Citi, and Wells Fargo report

  • Amazon acquires Globalstar to take on Starlink in the space internet race

  • Novo Nordisk partners with OpenAI to accelerate drug discovery

  • CarMax stock drops after another weak quarter

  • Meta expected to pass Google as the world's largest digital advertising company

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