EchoStar Corporation - Common stock (SATS)

Monster asset sales could be a regular occurrence for the satellite telephony specialist, according to a new analyst take.

And the rally continued into September.

Apple shares edged lower ahead of the company’s highly anticipated iPhone 17 launch event later on Tuesday.

Space stocks perform through earnings, offerings, major deals and even a downgrade.

The latest development comes after Echostar agreed to divest a major portion of its wireless spectrum assets to Elon Musk’s SpaceX for $17 billion.

Rocket Lab Corp requested dismissal of a class action lawsuit over alleged misrepresentations regarding its Neutron rocket program.

Tech stocks bounced back Monday, lifted by easing bond yields and major deals like EchoStar’s ($SATS | +18.0%) $17 billion spectrum sale to SpaceX. Meanwhile, investors remain on edge ahead of this week’s pivotal inflation data, which could shift the Fed’s next move.

SpaceX is coming for AST SpaceMobile's business.

Although AST SpaceMobile found itself as the third wheel amid a SpaceX-EchoStar deal, ASTS stock could be a compelling contrarian trade.

AST SpaceMobile shares were down more than 9% in Monday’s midday trade after SpaceX agreed to acquire spectrum from EchoStar in a deal valued at $17 billion.

SpaceX's gain is AST SpaceMobile's pain.

SpaceX just rode to EchoStar's rescue with a $19 billion bailout.

There are notable gap-ups and gap-downs in today's session. Let's take a look at which stocks are gapping on Monday.

The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.

EchoStar stock surged after the company announced a spectrum sale to SpaceX for approximately $17 billion, including $8.5 billion in cash.

EchoStar is selling AWS-4 and H-block spectrum to SpaceX for $17 billion, funding debt payments and expanding 5G services with Starlink Direct to Cell.

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

EchoStar made a big sale of its spectrum assets, and is now able to pay off all its debt.