24H|Lithium Americas Soars 33%; AST SpaceMobile Jumps 9%; Nike up 4%; Firefly Aerospace Rebounds 2%

Tiger Newspress
10/01

Lithium Americas Corp. rose 33% in overnight trading after the U.S. Department of Energy will take a 5% stake in Lithium Americas and a separate 5% stake in the company's Thacker Pass lithium mine joint venture with General Motors, a source familiar with negotiations said.

AST SpaceMobile, Inc. rose 9% in overnight trading.

In a message on X, AST SpaceMobile (ASTS) states: “BlueBird 6 has completed final assembly and testing and is ready for flight! On October 12, it will head to India aboard an Antonov large cargo plane. We are officially kicking off our next-gen launch campaign: BlueBird 7 is expected to ship to the Cape Canaveral launch site in October, BlueBirds 8-16 are in various stages of production, with launches planned every 1-2 months on average during 2025 and 2026, On track to complete 40 phased arrays by early 2026, bringing us to BlueBird 46, Expecting 45-60 satellites in orbit by year-end 2026.”

Nike rose 4% in overnight trading after the company on Tuesday reported a surprise rise in first-quarter revenue and beat profit expectations as the storied sportswear brand's turnaround effort gained traction despite weakness in China and tariffs pressuring margins.

Firefly Aerospace Inc. rebounded 2% in overnight trading following a 21% drop in the prior session.

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