T-Mobile US Inc. $TMUS has confirmed the commercial rollout of its satellite-based data service, developed in partnership with Starlink, a division of SpaceX, beginning in October 2025. This development marks a pivotal step in the U.S. telecom landscape, as traditional wireless infrastructure meets next-generation low Earth orbit (LEO) satellite capabilities.

Kering S.A. $KER.PA, the French luxury conglomerate and parent company of Gucci, is reportedly nearing a high-profile leadership transition. Sources suggest the group is preparing to appoint Luca de Meo, former CEO of Renault $RNO.PA, as its new chief executive officer. The change comes at a pivotal moment for the Paris-listed company, which faces rising debt levels, a series of operational challenges across its portfolio, and underperformance relative to luxury peers.

Adobe Inc. $ADBE, the San Jose-based creative software giant known for flagship products like Photoshop and Premiere Pro, saw its shares decline sharply by 7% in early trading on Friday. The drop followed concerns among investors regarding the timeline for monetizing Adobe’s integration of artificial intelligence (AI) technologies into its software suite, despite the company raising its annual revenue forecast. Adobe’s AI strategy includes incorporating models from tech leaders OpenAI and Alphabet’s Google $GOOGL, reflecting the industry-wide push toward AI-driven innovation.

Mexican state-owned energy giant Pemex $PEMEX revealed on Wednesday a new institutional reorganization plan aimed at saving 4.8 billion pesos (approximately $250.04 million USD) over the next two years. This announcement comes as the company grapples with the largest corporate debt burden worldwide, prompting urgent cost-saving and restructuring measures.

SpaceX, the aerospace company founded by Elon Musk, is projected to generate approximately $15.5 billion in revenue this year, signaling its increasing dominance within the commercial space sector. This revenue forecast, disclosed by Musk on Tuesday via his X social media post, notably exceeds NASA’s annual budget for commercial space operations, which stands near $1.1 billion.

Mattel Inc. $MAT, the global toy manufacturer, has announced the unification of its film and television production arms under a newly branded division: Mattel Studios. The strategic move comes as the company seeks to capitalize on the cross-media potential of its iconic intellectual property (IP), following the box office success of Barbie (2023), and aims to diversify its USD-denominated revenue streams through entertainment content.