Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
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What's Going On with AST SpaceMobile Stock Monday?
AST SpaceMobile is trading higher Monday after FCC Chair Brendan Carr said future spectrum auctions could generate more than $100 billion.
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Federal Communications Chair Carr Says Wireless Spectrum Auctions Over Next Couple Of Years Could Easily Generate More Than $100B
- Reuters
Better Space Stock: AST SpaceMobile vs. L3Harris Technologies
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.