Looking for rock-solid stocks set to double in a year or less isn’t easy. Just a few years ago, in the mid-ZIRP era, it was easy (relatively speaking). All we had to do was look at stocks, profitable or not, with promises of outsized growth and plenty of cheap debt to fuel it. The gambit worked for some, like Uber’s (NYSE:UBER) intentional operational losses that let it undercut existing markets before bringing pricing back to practical levels. For others, though, like WeWork, Lordstown Motors and SmileDire ...

It's hard for unprofitable space stocks to fight "gravity" when Fed interest rates are too high.Oh, my! Wednesday does not appear to be a good day to be invested in unprofitable space stocks!In early afternoon trading, 12:45 p.m. ET, shares of satellite telephony stock AST SpaceMobile (ASTS -6.28%) are off 6.5%, and space tourism pioneer Virgin Galactic (SPCE -6.41%) is down an even more dramatic 9.1%. Even small rocket manufacturer Rocket Lab (RKLB -2.34%) is seeing its shares sell off a modest 2.5% despit ...

AST SpaceMobile, Inc. (ASTS) has been beaten down lately with too much selling pressure. While the stock has lost 33.2% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum osc ...

The satellite designer just delayed the launch of its first commercial satellites for the third time.Shares of AST SpaceMobile (ASTS -23.57%) fell 23.6% on Tuesday after the satellite designer and manufacturer announced another delay in the launch of its first commercial satellites along with its fourth-quarter 2023 results.More delays for the launch of AST SpaceMobile's first commercial satellitesIn its fourth-quarter earnings press release after the market closed last night, AST SpaceMobile revealed that ...

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q4 2023 Earnings Conference Call April 1, 2024 5:00 PM ET Company Participants Scott Wisniewski - Chief Strategy Officer Abel Avellan - Chairman and CEO Sean Wallace - CFO Conference Call Participants Chris Quilty - Quilty Analytics Mike Crawford - B. Riley Securities Benjamin Soff - Deutsche Bank. Christopher Schoell - UBS Operator Good day, and thank you for standing by. Welcome to the AST SpaceMobile Fourth Quarter 2023 Business Update Call. Please be advised that toda ...

Transforming how the world connects NASDAQ: ASTS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39040 Delaware (State or other jurisdiction of incorporation or organization) AST SPACEMOBILE, INC. (Exact name of registrant as specifi ...

BlackJack3D When I last wrote about AST SpaceMobile (NASDAQ:ASTS) in June 2022, it was planning to launch its Blue Walker 3 (BW3) test satellite later that year to be followed by field tests involving a mobile handset to communicate in a region of the Earth devoid of cellular connectivity. Since then, progress has been made toward commercialization, and, this thesis aims to show that it is a Buy. As such, Quant rates it as a sell, but this does not factor in the above-$300 million infusion of capital from s ...

The stock of AST SpaceMobile (ASTS 8.05%) popped again on Wednesday, after the satellite communications company announced on Tuesday that it has updated its filings with the International Telecommunication Union (ITU) for its V-band application with the Federal Communications Commission (FCC). Through 11:30 a.m. ET today, AST SpaceMobile stock was up 11.3%.What AST SpaceMobile is doingAST says it has "agreements and understandings" with more than 40 mobile network operators around the world, but the company ...

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that it has updated its constellation filing with the International Telecommunication Union (ITU) and related filings for its V-Band application with the Federal Communications Commission (FCC). " Our planned satellite network will provide services globally, but this initiative r ...