Federal Communications Chair Carr Says Wireless Spectrum Auctions Over Next Couple Of Years Could Easily Generate More Than $100B
- Reuters
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U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling around 1% on Thursday. The Dow traded down 0.07% to 52,619.72 while the NASDAQ dipped 0.96% to 26,017.62. The S&P 500 also
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- Reuters
AST SpaceMobile and L3Harris Technologies are compared as space industry investment options. AST SpaceMobile offers triple-digit revenue growth but faces execution risks, heavy cash burn, and equity dilution concerns. L3Harris is a mature defense contractor with predictable cash flows, a $42 billion backlog, and strong government contracts, but carries high debt and capital expansion risks. L3Harris appears the more stable choice despite lower growth rates.
Post-Labor Day selling could pressure IBM, Tesla, AppLovin and other stocks as investors make room for AI IPOs.
AST SpaceMobile and SpaceX compete in satellite connectivity but with different business models. AST SpaceMobile focuses on direct-to-device smartphone connectivity with partnerships from major telecom operators, while SpaceX leverages reusable rockets to scale its Starlink broadband service. Despite SpaceX's larger revenue base ($18.7B vs $70.9M) and established business, the article recommends AST SpaceMobile for 2026 due to strong telecom backing and clearer near-term profitability path, though both companies face significant cash burn and execution risks.
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