The communications freedom launched by cellphones has one long-standing hitch: access to cell towers. The cellphone-gripping masses are constantly wandering, often starved for signal as they seek the transmitters needed to connect with their provider’s network. Now cellphones are edging into the Space Age. A group of young companies, led by the Starlink unit of…
AST SpaceMobile, a SpaceX rival and partner, posted a major miss for its quarterly results late Thursday. However, the company was able to secure a key contract, which should help expand its space-based telecommunications network. Another rival, Rocket Lab (RKLB), has soared nearly 30% this week as analysts hiked price targets following its Q3 beat…
Investors would like to believe that Loar Holdings (LOAR) is the next darling among aerospace stocks. And they have good reason, because Loar stock has made a massive move since its initial public offering in April, capped by a recent breakout. ↑ X NOW PLAYING The Chip War With China Is Heating Up. Who’s Winning?…
Boeing reports Q3 results Wednesday, while its union members are set to vote on a deal that could end the five-week-long strike. The Dow Jones manufacturer and its machinist union on Saturday reached a tentative agreement that could potentially resume factory production. Boeing stock, lagging at its worst level in two years, has climbed to…
Dow Jones futures fell modestly Wednesday morning, along with S&P 500 futures and Nasdaq futures amid continued Mideast fears. Nike (NKE) reported earnings Tuesday night with Tesla deliveries on tap before the open. The stock market rally suffered significant losses Tuesday as Iran launched nearly 200 missiles vs. Israel. The major indexes came off intraday…