NASDAQ:ASTS - Nasdaq - US00217D1000 - Common Stock - Currency: USD
Wall Street ends mixed as investors await US-China trade news and digest moves from Apple, Qualcomm, and Warner Bros. Discovery.
Ligado Networks agreed to pay its business partner $568 million to resolve a contract dispute that had threatened the satellite operator’s plan to cut debt and reorganize in bankruptcy court.
AST SpaceMobile earlier announced a Settlement Term Sheet. ASTS stock is surging some 6% Friday morning.
AST SpaceMobile secured rights to 45 MHz of mid-band satellite spectrum, enabling faster mobile data from space and boosting plans for nationwide broadband coverage with speeds up to 120 Mbps.
Growth stocks tend to be heavily-shorted dart throws
Although unpredictable, a potential feud between Donald Trump and Elon Musk could further support a bullish case for AST SpaceMobile.
AST SpaceMobile Inc. (ASTS) is helping shape the future of global internet connectivity through its ambitious satellite-based technology. With the potential to expand reliable internet access to remote and underserved regions, support growing government contracts, and meet the rising demands of data connectivity across industries, satellite internet is emerging as a transformative force in communications (and the stock market). The market for satellite internet is projected to grow rapidly, with
Smart money flowed into CRWD, NFLX, MSFT, RBRK, and ASTS in Q1 2025, signaling strong institutional confidence in these key tech and growth names.
Jeff Bezos visited Space Mobile's Texas headquarters. A picture from the visit on social media fueled speculation that AST's relationship with Bezos' companies could grow. A public spat between Elon Musk and President Donald Trump could leave the door open for other space companies to win some of SpaceX's contracts.
We recently published a list of Was Jim Cramer Right About These 11 Stocks? In this article, we are going to take a look at where AST SpaceMobile, Inc. (NASDAQ:ASTS) stands against other stocks that Jim Cramer discusses. A caller asked about AST SpaceMobile, Inc. (NASDAQ:ASTS), wondering about its potential despite having no earnings yet. […]