The rally in shares of AST SpaceMobile started in mid-May when the company reported financial results for the first quarter and signed a deal with AT&T.
Satellite company, AST SpaceMobile (NASDAQ: ASTS), filed for resale of 10.45 million shares. Its stock may be up due to Apple's iOS 18 update with satellite messaging. Verizon and AT&T will collaborate with AST in 2024. AST stock has gained 53% in the past year and can be accessed through iShares Russell 2000 ETF and iShares Russell 2000 Growth ETF.
Nvidia's stock hits record high, valued at $3 trillion. Plans stock split to attract investors. Media covers CEO Jensen Huang's success at Computex. Magnificent Seven companies contribute to S&P 500's 12% return. Nvidia gains 217% in 12 months. Investors can access Nvidia through SPDR S&P 500 and iShares Core S&P 500 ETF.