AST SpaceMobile (ASTS) stock ended higher today after announcing a landmark commercial deal with Verizon (VZ) establishing a framework to provide space-based cellular broadband service across the continental U.S. by 2026. The groundbreaking alliance followed a series of successful testing milestones, including completed direct voice and video calls between standard smartphones and AST’s satellite, demonstrating the viability of its innovative technology. More News from Barchart Including today’s rally,  ...

October 8 was an interesting day for shareholders of both AST SpaceMobile (NASDAQ: ASTS ) and Verizon Communications (NYSE: VZ ). While shares of the latter were virtually flat, shares of the former rose over 9%. This cameHe runs Crude Value Insights , a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combinat ...

Core Insights - On October 8, shares of AST SpaceMobile rose over 9%, while Verizon Communications' shares remained virtually flat [1] Company Performance - AST SpaceMobile experienced a significant increase in share price, indicating positive market sentiment or potential developments [1] - Verizon Communications' stock performance was stable, suggesting no immediate changes in investor perception or company news [1]

Core Insights - Nvidia's CEO Jensen Huang reported a "substantial" increase in AI demand this year, which positively impacted the company's stock price [2][5] - Major U.S. equity indexes, including the Dow, S&P 500, and Nasdaq, experienced gains driven by enthusiasm for AI stocks, particularly in the tech sector [1][5] - Advanced Micro Devices (AMD) shares rose significantly following a major deal with OpenAI, contributing to the overall rally in the S&P 500 [2][5] Company-Specific Developments - Nvidia (NVDA) shares increased as CEO Jensen Huang expressed optimism about further growth in AI demand [2][5] - Advanced Micro Devices (AMD) led gains in the S&P 500, benefiting from its recent partnership with OpenAI [2][5] - Dell Technologies (DELL) saw a rise in its stock after announcing a "massive" growth opportunity in AI and raising its outlook [2] Market Trends - AST SpaceMobile (ASTS) shares reached a record high due to a partnership with Verizon Communications (VZ) for broadband service [3] - Fair Isaac (FICO) faced a decline in stock performance after Equifax (EFX) reduced prices, impacting its market position [3] - DaVita (DVA) shares fell following a price target reduction by Barclays due to operational disruptions from a cyberattack [4]

Published October 08, 2025 10:48 AM EDT A Verizon partnership with space-based cellphone service provider AST SpaceMobile will bring direct-to-customer broadband service across the continental U.S. Michael Siluk / Universal Images Group via Getty Images Key Takeaways Shares of AST SpaceMobile (ASTS) blasted off, trading at an all-time high after the provider of space-based cellphone service announced it had struck a deal with Verizon Communications (VZ) to offer direct-to-customer broadband service across t ...

Core Insights - AST SpaceMobile, Inc. (ASTS) has successfully tested space-based direct-to-cell 4G VoLTE services in Canada, highlighting the importance of connectivity in challenging geographical areas [1][9] - The successful trial is expected to facilitate Bell Canada's deployment of low Earth orbit (LEO) direct-to-cell service by 2026, enhancing connectivity for residents and boosting regional tourism [2][9] - ASTS has partnered with major carriers like AT&T and Verizon to expand its satellite network, aiming to provide connectivity in previously unreachable locations [3][4] Group 1: Partnerships and Collaborations - AST SpaceMobile has established a definitive commercial agreement with AT&T, extending until 2030, to offer space-based direct-to-mobile technology [3] - Verizon has committed $100 million for satellite direct-to-cellular service, enhancing coverage and eliminating dead zones in the U.S. [4] Group 2: Satellite Deployment and Infrastructure - AST SpaceMobile plans to deploy 45-60 BlueBird satellites by the end of 2026, having already launched its first five commercial satellites [5][9] - The BlueBird satellites feature the largest commercial communications arrays, providing non-continuous service across the U.S. [5] Group 3: Financial Performance and Market Position - AST SpaceMobile's stock has increased by 230.6% over the past year, outperforming the industry growth of 36.4% and competitors like Aviat Networks and Comtech Telecommunications [7] - Despite the stock performance, the company faces high operating costs due to macroeconomic challenges and significant expenditures for satellite technology development [10][11] Group 4: Future Outlook and Challenges - The Zacks Consensus Estimate for AST SpaceMobile indicates a widening loss per share for 2025 and 2026, reflecting investor skepticism about the company's growth potential [12] - The collaboration with leading carriers is seen as a pathway to enhancing network connectivity and bridging the digital divide, but the company is currently rated with a Zacks Rank 3 (Hold) [16][17]

ASTS is up nearly 300% in 2025, but still has short covering potentialTech stocks are up off the mat today, thanks in large part to AST SpaceMobile Inc (NASDAQ:ASTS). The satellite designer and Starlink competitor inked a commercial agreement with Verizon Communications (VZ) for direct-to-device cellular service to customers beginning in 2026. In response, ASTS was last up 7.5% to trade at $80.35. The new agreement with Verizon for space-based cellular broadband services adds another layer of legitimacy to ...

Michael Siluk / Universal Images Group via Getty Images A Verizon partnership with space-based cellphone service provider AST SpaceMobile will bring direct-to-customer broadband service across the continental U.S. Key Takeaways AST SpaceMobile and Verizon Communications will partner to provide space-based cellphone service in the continental U.S. The service will be available to Verizon customers in 2026. Shares of AST SpaceMobile (ASTS) blasted off, trading at an all-time high after the provider of ...

AST SpaceMobile's stock was soaring after a deal with Verizon gave investors what they've been betting on and more. ...

Core Viewpoint - AST SpaceMobile's stock surged 14.5% after announcing a definitive commercial agreement with Verizon to provide space-based direct-to-device connectivity for cellphones in the U.S., effective in 2026 [1]. Group 1: Partnership and Technology - The partnership with Verizon aims to integrate its terrestrial network with AST SpaceMobile's innovative space-based technology, which is designed to connect directly to everyday smartphones without the need for specialized equipment [3][4]. - AST SpaceMobile has deployed the largest-ever commercial communications arrays in low Earth orbit, positioning itself as a pioneer in direct-to-cell satellite communications (DTC) [3]. Group 2: Financial Considerations - AST SpaceMobile is currently experiencing significant cash burn, exceeding $675 million annually, which could deplete its $924 million cash reserves in approximately 16 months at the current rate [5]. - Despite the cash burn, AST's market valuation is nearing $30 billion, providing the potential to raise new capital through share sales if necessary [5][6]. Group 3: Investment Sentiment - The recent developments have generated excitement among investors, as the partnership with Verizon is seen as a positive step forward for AST SpaceMobile [4]. - However, there are considerations regarding the company's cash flow and stock price, which may influence investment decisions [7].