Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge

Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge

AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares…

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Tesla shares slump despite record sales as subsidies end

Tesla shares slump despite record sales as subsidies end

Tesla’s shares took a hit on Thursday, slumping despite the automaker reporting a record quarter for global vehicle deliveries. The company delivered 497,099 vehicles worldwide in the most recent quarter, a 7.4% increase year-over-year, and a figure that significantly beat the Bloomberg consensus analyst estimate of ∼439,600. Read: Sony ULT Field 5 Review: ULTimately Based…

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