AST SpaceMobile shares jumped another 6.6% in overnight trading. AST’s upcoming satellite, BlueBird 7, touched down in Florida as it prepares for integration with its launch vehicle, according to Satellite Today earlier this month. The outlet also highlighted AST’s commitment to maintaining a steady launch cadence, with investors eager to see if the schedule can withstand the realities of manufacturing and launch challenges.
Some chip stock rose again in overnight trading. NXP Semiconductors rose 3%; Direxion Daily Semiconductors Bull 3x Shares, SanDisk, AMD, Semtech, and Western Digital rose 2%.
Blockchain-based lender Figure Technology is launching a new platform to issue on-chain equity, allowing investors to lend shares directly to one another without traditional intermediaries. The shares rose another in overnight trading.