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.
JP Morgan analyst initiated coverage on Shopify Inc with Overweight rating, $74 price target. Shopify has strong competitive advantages and growth potential in e-commerce market.
GlobexUS and Diamond Lake have entered a $3.75M share exchange partnership to increase liquidity on the Upstream exchange and expand issuer opportunities.