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Space stocks could be about to lift off. Fueled by advances in artificial intelligence (AI), cloud computing, and ever-rising compute power, these companies could be potent wealth escalators in the decades ahead.
MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced the pricing of a cash repurchase (the “Repurchase”) of $225 million aggregate principal amount of its 4.25% convertible notes due 2032 (the “2032 convertible notes”) pursuant to separate, privately negotiat.
AST SpaceMobile (ASTS 9.25%) posted big gains Monday in a session of strong trading for space stocks. The company's share price ended the daily session up 9.3%.
AST SpaceMobile Inc. ASTS gets downgraded, Voyager Technologies, Inc. VOYG stock continues its post-IPO slide and Rocket Lab Corp. RKLB prepares another Electron launch for Tuesday.
IRDM's steady earnings growth, defense ties and lower valuation may give it an edge over ASTS.
AST SpaceMobile accelerates global satellite-connectivity push with new India deal, but high valuation and falling estimates cloud outlook.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Shares of AST SpaceMobile (ASTS 10.82%) jumped on Wednesday, finishing the day up 10.6%. The spike came as the S&P 500 and Nasdaq Composite were relatively flat.
AST SpaceMobile shares rose 7.7% following a strategic partnership with an Indian telecom service provider to expand mobile connectivity in the country.
Welcome to the Green Stock News brief for Wednesday June 18th. Here are today's top headlines: AST SpaceMobile (NASDAQ: ASTS) and Vodafone have formed a strategic partnership to expand mobile connectivity across India's underserved regions by integrating Vi's terrestrial network with AST's space-based cellular broadband technology.