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The Latest Breaking News from SpaceMobile

AST SpaceMobile Could Revolutionize Cellphone Satellite Service. But Can It Beat The Meme Stock Rap?

AST SpaceMobile's satellite technology hopes to revolutionize cell communication. Shares of the SpaceX partner have rocketed this year.

Investors Business Daily

SpaceX Partner Rockets, Then Reverses, On Halo Development Deal

AST SpaceMobile stock rocketed to clear a downtrend after the satellite maker, a SpaceX partner, was selected for a HALO project contract.

Investors Business Daily

SpaceX launches 5 giant BlueBird smartphone satellites for AST SpaceMobile, lands rocket (video)

AST SpaceMobile's first five giant commercial direct-to-cell satellites, huge spacecraft called BlueBirds, lifted off this morning (Sept. 12) atop a SpaceX Falcon 9 rocket.

Space

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1 Telecom Stock to Buy in November and 1 to Sell

The adoption of 5G, newer technologies, and lucrative government investments are boosting the telecom industry’s growth. Hence, investing in the fundamentally strong telecom stock Spok Holdings (SPOK) could be wise. However, the high cost of deploying 5G and the worsening economy could be the industry’s near-term headwinds. Therefore, fundamentally weak…

StockNews.com

3 High-Volatility Stocks to Avoid This Week

The Federal Reserve’s hawkish stance and growing recession odds have been fostering immense market volatility of late. Moreover, September job gains almost affirm the Fed’s aggressive rate hike in the upcoming meeting. Given a highly volatile market backdrop, we think it could be wise to avoid fundamentally weak, high-volatility stocks…

StockNews.com

Orange CFO Denies Reports Of Its Telecom Network Sale

Orange (NYSE:ORAN) does not plan to sell its physical telecoms network, Reuters reports. CFO Ramon Fernandez denied news of Orange exploring the sale of its 734,000 kilometers of underground lines and its 15 million telephone poles worth €8 billion to an infrastructure fund. Orange recently collaborated with AST SpaceMobile to examine the opportunity for…

Benzinga

2 Overvalued Satellite Stocks That Could Fall Back Down to Earth

Surging inflation, worries over the Fed’s aggressive interest rate hikes, and an escalating Russia-Ukraine war have contributed to heightened market volatility and exacerbated a sell-off in satellite stocks over the past few months. So, we think it could be wise to avoid the overvalued stocks of satellite companies Globalstar (GSAT)…

StockNews.com

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AST SpaceMobile Collaborates With Orange

AST SpaceMobile Inc (NASDAQ:ASTS) has entered a non-binding memorandum of understanding with Orange SA (NYSE:ORAN). The companies will examine the opportunity for Orange to test the SpaceMobile service in one African country, following AST SpaceMobile's planned launch of BlueWalker 3. BlueWalker 3 is ASTS's test satellite with an aperture of 693 square feet, designed to…

Benzinga

AST SpaceMobile And SpaceX? Why ASTS Shares Are Rising Today

AST SpaceMobile Inc (NASDAQ: ASTS) is trading higher Wednesday after the company announced it signed a multi-launch agreement with SpaceX for planned direct-to-cell phone connectivity.

Benzinga

4 Space Stocks to Avoid Like the Plague: Virgin Galactic, Astra, Redwire, and AST SpaceMobile

Space stocks continue to underperform the broader market, given the industry’s bleak near-term prospects. Therefore, amid the current, highly volatile market conditions, we think it could be wise to avoid fundamentally weak space stocks Virgin Galactic (SPCE), AST SpaceMobile (ASTS), Astra Space (ASTR), and Redwire (RDW). Read on to learn…

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