AST SpaceMobile Inc - Ordinary Shares - Class A Stock News

The Trump administration pressured U.S. space companies not to attend a high-profile space summit in Paris organized by ​French President Emmanuel Macron, triggering a last-minute reshuffle and the cancellation ‌of some announcements, according to people familiar with the matter on Thursday.

AST SpaceMobile ASTS stock surged 11% on Wednesday after Berenberg Bank initiated coverage of the satellite connectivity company with a Buy rating and a $92 price target. The target implies roughly 65% upside from the stock's previous close.

Berenberg launched coverage of four space stocks on Wednesday.

MIAMI--(BUSINESS WIRE)--Delclaux Partners Sues AST SpaceMobile for More Than $15 Million in Unpaid Contractual Finder's Fees.

AST SpaceMobile stock held firm despite an earnings miss. Its technical setup suggests it could follow space peer Voyager Technologies higher.

AST SpaceMobile Inc (NASDAQ:ASTS) reported a wider-than-expected adjusted loss and revenue below analyst estimates for the second quarter, while the company reaffirmed its full-year 2026 revenue guidance and continued to expand its satellite network. The company reported an adjusted loss of $0.77 per share for the quarter ended June 30, compared with analyst estimates for a loss of about $0.26 ...

Stocks looked set to struggle for direction on Tuesday as investors worried about inflation, with hopes of Iran agreeing a deal to reopen the crucial Strait of Hormuz shipping route fading fast.