Forget Nvidia, Apple, Tesla, and Google

Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."

AST SpaceMobile Stock Is Rising After Hours: What's Going On?

Adam Eckert
October 23, 2024

AST SpaceMobile Inc (NASDAQ:ASTS) shares are trading higher in after hours Wednesday following the company announcement that it secured an initial contract with the Space Development Agency as a prime government contractor.

What To Know: AST SpaceMobile said it was selected by the Space Development Agency to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program.

The company entered into an Other Transaction (OT) agreement and will now have the opportunity to compete directly as a prime contractor to the U.S. government for specific prototype orders.

“This initial contract validates our commitment to developing innovative solutions for national security space needs,” said Chris Ivory, AST SpaceMobile’s chief commercial officer and head of its Government Business unit.

“Our space-based cellular broadband technology has the potential to enhance SDA’s stated mission at the transport, tracking, and ground layers in a secure and reliable way.”

See Also: SpaceX CEO Elon Musk Slams Overregulation In Space Travel As He Campaigns For Trump: ‘If Starship Did Hit A Whale, Honestly, It’s Like The Whale Had It Coming’

AST SpaceMobile shares are up more than 400% since the start of the year. The stock started taking off in May after the company announced a definitive commercial agreement with AT&T to provide a space-based broadband network direct to everyday cell phones. Last month, AST SpaceMobile announced it launched its first five commercial satellites designed to reach standard smartphones.

ASTS Price Action: AST SpaceMobile shares were up 3.54% in after hours, trading at $27.19 at the time of publication Wednesday, according to Benzinga Pro.

Photo: Courtesy of AST SpaceMobile.

Continue Reading...

Popular

Lower-priced new cars are gaining popularity, and not just for cash-poor buyers

DETROIT (AP) — Had she wanted to, Michelle Chumley could have afforded a pricey new SUV loaded with options. But when it came time to replace her Chevrolet Blazer SUV, for which she'd paid about $40,000 three years ago, Chumley chose something smaller. And less costly.

Edmunds: These are the best lightly used hybrid cars, SUVs and trucks

What if you can’t afford to buy a new car? Consider buying a used one. A lightly used hybrid can save you thousands of dollars compared to an equivalent new one and be a trustworthy vehicle for many years to come.

Gold Set to Skyrocket as Fed Slashes Rates - Ad

History shows every Fed rate cut leads to a gold boom. And under-$20 play offers exposure to over an ounce of gold -- worth $2,500 -- at a fraction of the price. As the Fed slashes rates, now is the perfect time to buy.

Bill Gates Had A 'Very Bad Habit' That Could Have Derailed His Career

While at Harvard, Bill Gates had a bad habit he liked to show off. The habit was later fixed as it wasn't something in the business world appreciated.

Iranian Hackers Leak Stolen Emails From Trump's 2024 Campaign Ahead Of Nov. 5 Election: Report

The hacking group, identified as Mint Sandstorm or APT42, was previously indicted by the U.S. Justice Department for alleged election interference.

A Gold Storm Is Coming - Ad

Stansberry Research just released a brand-new warning for what they believe will happen to gold in 2025. Even the most prepared Americans - including many retirees - could be blindsided by what's about to happen.

What's Going On With Oklo Stock Tuesday?

Oklo Inc. (NYSE:OKLO) shares are moving lower on Tuesday, pulling back from a recent surge in which several nuclear stocks rallied for multiple trading sessions. Despite the pullback, Oklo shares are still up approximately 175% over the past month. Here's what you need to know.

Jobs report on eve of election will be among the most distorted in years

WASHINGTON (AP) — Four days before Election Day, the government will issue its final snapshot of in the United States after a presidential race in which voter perceptions of the economy have played a central role.

Wavebot: The Automated Trading Tool for This Bull Market - Ad

October through December are historically among the most bullish months for crypto. WaveBot -- an automated trading tool that takes all the guesswork out of profiting in crypto. It trades key levels, buying dips and selling at the perfect time, 24/7. All you need to do is set it up. After that, WaveBot takes care of everything.

McDonald's E. coli case count rises as federal officials inspect an onion grower

WASHINGTON (AP) — Federal officials on Wednesday reported more cases of among people who ate at McDonald’s, as government investigators seeking the outbreak’s source identified an “onion grower of interest” in Washington state.

DeSantis Faces Backlash For Using Opioid Settlement Funds On Anti-Cannabis Campaign

State law stipulates the opioid settlement trust fund is meant to "abate the opioid epidemic" and provide resources for affected communities.

The No. 1 Gold Play for 2025 - Ad

Everything is lining up perfectly for a historic gold bull run. One gold expert says he's found the best way to get in, for just $6.

Will people leave Florida after devastating hurricanes? History suggests not

ORLANDO, Fla. (AP) — The news rippled through Treasure Island, Florida, almost like a third storm: The mayor planned to move off the barrier island a month after flooded tens of thousands of homes along the Gulf Coast and two weeks after also ravaged the state.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Boeing machinists are holding a contract vote that could end their 7-week strike

Unionized factory workers at Boeing are voting Monday whether to accept or to , which has lasted more than seven weeks and shut down production of most Boeing passenger planes.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $14,000 Today

This has outperformed the market over the past 15 years by 7.01% on an annualized basis producing an average annual return of 18.98%.

$2 Trillion Disappears Because of Fed's Secretive New Move - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

Apple Q4 Earnings: Revenue Beat, EPS Beat, Installed Base Hits New Highs, iPhone Sales Rise As Apple Intelligence 'Supercharges' Product Lineup

Apple reported fiscal fourth-quarter revenue of $94.9 billion, beating analyst estimates of $94.56 billion. The iPhone maker reported fourth-quarter adjusted earnings of $1.64 per share, beating analyst estimates of $1.60 per share.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Root Stock Is Soaring Thursday: What's Going On?

Root, Inc. (NASDAQ: ROOT) shares are trading higher Thursday after the company reported better-than-expected third-quarter earnings. Here's what you need to know.

Russia amplified hurricane disinformation to drive Americans apart, researchers find

WASHINGTON (AP) — Russia has helped amplify and spread in the United States and the federal government's response, part of a wider effort by the Kremlin to manipulate America's political discourse before the presidential election, .

Trump's Win Marks a New Era for AI Stocks - Ad

With Donald Trump back in the Oval Office, Louis Navellier says the next wave of AI winners is already taking shape. Discover which stocks could benefit from his first moves.

US economy is believed to have grown at a solid pace again last quarter

WASHINGTON (AP) — Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates.

Ardelyx Beats Q3 Sales Estimates, Shares Climb

Ardelyx reported its third-quarter results after Thursday's closing bell. Here's a look at the details from the report:

The Secret Weapon You Need for This Bull Market - Ad

There's a powerful tool that can remove all the guesswork from trading. It's built to trade the key levels for you, buying dips and selling at the right time, without you having to lift a finger. For a limited time, the creators of this incredible tool are holding a free Workshop where you can see the software in action.

Ship owner in Baltimore bridge collapse seeks to blame others as liability case takes shape

BALTIMORE (AP) — As a sprawling liability case takes shape following the of Baltimore’s Francis Scott Key Bridge in March, the owner and manager of the container ship Dali are seeking to deflect responsibility and cast blame elsewhere.

DoorDash partners with Lyft to give members ride-sharing benefits

Delivery service said Wednesday that it's partnering with to bring ride-sharing benefits to its members.

Is This Nvidia's Secret Weapon? - Ad

You've likely heard about Nvidia's incredible success in AI. But without this startup's technology, Nvidia's groundbreaking AI chips simply wouldn't be possible. It's still flying under the radar. That could change very soon with a major announcement on the horizon.

LA County sues Pepsi, Coca-Cola over plastic bottles

LOS ANGELES (AP) — Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.

Report: Washington Post loses more than 200,000 subscriptions following non-endorsement

NEW YORK (AP) — More than 200,000 people have canceled subscriptions to The Washington Post since the newspaper last week not to endorse a candidate for president, a published report said Monday.

Kamala Harris May Seize This Cutting-Edge Tech -- Act Now - Ad

A new technology (not AI) is powerful enough to save America $1.7 TRILLION in healthcare costs each year. Trump is rumored to use it personally... And Kamala Harris has threatened to have key patents on it seized. Whoever wins the election - it could cause a massive surge in demand... And send a tiny firm with key patents on this technology soaring. It's currently trading for only $7. But it likely won't stay this cheap for long.

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August.

Berkshire Hathaway Reports Decline In Q3 Operating Earnings, Further Reduces Apple Stake

Berkshire Hathaway reported a decline in Q3 operating earnings amid ongoing Apple stake sales, while its cash reserves reached a record $325.2 billion.

AI Warning: A Strange Force Overtakes U.S. Stocks - Ad

As AI stocks stumble/swing, Whitney Tilson just went on camera once again with his latest crash warning. If you have money in a single stock right now -- especially a tech stock -- you need to see what he's calling for today.

A New York City law used to padlock suspected illegal pot shops is ruled unconstitutional

A law that New York City has relied on to padlock scores of suspected unlicensed marijuana shops is unconstitutional because it violates the rights of store owners, a judge ruled Tuesday.

$2.5 Million From Meme Coins? One Trader Seems To Have Cracked The Code

A whale made $2.5 million trading meme coins with potential for high profitability. Solonchain highlights effective risk management and upcoming conference on memecoins.

Tesla Execs Are Freaking Out - Ad

You might not believe what you're about to see is real, but I assure you the video has been left unedited. It's so revolutionary that tech giants like Microsoft, Amazon, and NVIDIA are all lining up to get their hands on it. And Elon Musk has completely restructured Tesla to chase this opportunity.

At age 97, pioneering Black businessman George E. Johnson has finally written his memoir

NEW YORK (AP) — As he approached his mid-90s, pioneering Black businessman George E. Johnson unexpectedly found himself determined — even called — to write his memoir.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service