🤝 AST Spacemobile x Verizon

Good evening. Fed minutes hinted at more rate cuts ahead, despite divisions inside the central bank. The unstoppable AI boom is also bringing stocks to all-time high.

⬆︎⬇︎ 1-day change
Market data: today’s market close

WINNERS

⬆︎9.05% Dell

AI demand is turning into big business for Dell, the computer and data infrastructure powerhouse. It raised its long-term revenue growth outlook to 7–9% per year (nearly doubling its prior forecast) and boosted earnings expectations as well. Customers like OpenAI, xAI, and CoreWeave are relying on its servers, and Dell expects to ship $20 billion worth of AI servers in the coming year. [Read more]

⬆︎8.63% AST Spacemobile

The satellite-to-cell startup announced a deal with Verizon to start offering cellular service from space next year. The partnership expands on an earlier collaboration and will use Verizon’s 850 MHz low-band spectrum to boost coverage in remote parts of the U.S. [Read more]

⬆︎7.57% Confluent

The data streaming software is reportedly exploring a sale, after drawing interest from private equity firms and tech giants. The California-based firm helps businesses manage real-time data, the kind of infrastructure AI models rely on to process massive amounts of information. [Read more]

⬆︎2.20% Nvidia

CEO Jensen Huang said on TV that AI demand has exploded over the past six months, calling it the start of a “new industrial revolution.” Nvidia is investing $100 billion in OpenAI’s 10-gigawatt data center project, which will run on its GPUs — a buildout so massive it could strain U.S. power grids. [Read more]

MORE WINNERS

⬆︎16.83% Figma
⬆︎11.37% AMD
⬆︎11.01% Tempus AI

⬆︎⬇︎ 1-day change
Market data: today’s market close

LOSERS

⬇︎7.88% Jefferies

The investment bank is facing potential losses of about $161 million tied to the bankruptcy of auto parts maker First Brands. Most of the exposure comes through Jefferies’ Leucadia Asset Management fund, Point Bonita Capital, which holds over $100 million in receivables linked to the failed supplier. [Read more]

⬇︎8.25% BMW

The German luxury automaker cut its 2025 profit forecast, as tariffs are cutting margins and China sales are slowing down (because of tough local competition and a sluggish property market). It also delayed nearly €1 billion in customs duty reimbursements to 2026, which will cut next year’s free cash flow roughly in half. [Read more]

⬇︎9.82% FICO

Credit scoring just got a price war. Equifax announced it will sell mortgage credit scores using VantageScore 4.0 for just $4.50 each through 2027, a direct challenge to Fair Isaac, the company behind the industry-standard FICO score. [Read more]

MORE LOSERS

⬇︎5.74% PENN Entertainment
⬇︎8.14% Joby Aviation
⬇︎8.61% Opendoor

⬆︎⬇︎ 1-day change
Market data: today’s market close

EXTRA

FEEDBACK