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EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers

Bloomberg Markets·November 2, 2026·1 min read

EchoStar (ECHO) gained on news SpaceX is looking to start a wireless service with EchoStar. Lumentum (LITE) moved on Marvell's $115 billion deal to buy it, as Lumentum makes lasers for high-speed data transfer underpinning AI. Apple (AAPL) shares rose ahead of earnings, up 25% from a late June low, adding $1 trillion in market value.

Read at Bloomberg Markets
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