MarketCatalystAST SpaceMobile fell more than 11% Friday after SpaceX agreed to buy nationwide low-band spectrum, but Berenberg and Roth argue a stronger SpaceX makes AST a more valuable satellite partner for AT&T, Verizon and other carriers. Tower stocks rose.
SpaceX agreed to buy nationwide low-band spectrum that could power its Starlink Mobile network, and the three big carriers sold off hard, with T-Mobile down more than 13% by early afternoon. Cell tower stocks surged. Here is what the deal is, why it matters, and what could still go wrong for SpaceX.
Humana's 2027 Medicare Advantage star ratings far beat Wall Street's expectations, setting up a possible bonus-payment windfall in 2028. Baird upgraded the stock, Barclays raised its target, and rivals UnitedHealth and CVS face smaller shares of top-rated members.
Snap rose 6.65% Friday, leading a social media rally, after Blue Duck Capital urged it to sell a 20% stake in its Specs AR glasses unit at a $5 billion valuation. A second activist, Irenic Capital, wants Specs spun off or shut down.
The Dow eked out a modest gain while the S&P 500 and Nasdaq retreated, led by a sharp tech sell‑off. Lower 10‑year yields, a softer dollar and a rise in the VIX underscored heightened market caution.
U.S. equity futures dip modestly as 10‑year yields hover near 4.12% and a slate of low‑impact data rolls out, while a handful of leveraged ETFs and Cable One rally on unexplained buying pressure ahead of the opening bell.