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AST Space Mobile announced on Wednesday a contract with verizon It plans to provide mobile phone service from space starting next year.According to AST, the deal is aimed at giving cell phone users on Verizon plans a direct connection to services through space “when they need it.” This marks an expansion of the partnership between the two companies announced last year.AST stock rose more than 8% on Wednesday. The volatile space stock had soared more than 250% in 2025 before this deal was announced.Verizon stock fell.”Through our definitive commercial agreement with Verizon, we are committed to providing space-based cellular broadband…
Stein Photo | E+ | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1. Striking goldgold Yesterday, futures prices crossed the $4,000 per ounce mark for the first time. It was the 43rd all-time high this year for the metal, long seen as a safe bet during turbulent times. Currently, gold is up over 50% in 2025.Here’s what you need to know:The soaring price of gold is raising costs for jewelry manufacturers, with some companies raising prices. Ray Dalio, founder…
Around the same time that Nvidia CEO Jensen Huang expressed surprise at OpenAI’s multibillion-dollar deal with rival AMD, shortly after his company agreed to invest up to $100 billion in the AI model maker, Sam Altman said more similar deals were in the works. Mr. Huang appeared on CNBC’s Squawk Box on Wednesday. Asked if he knew about the partnership with AMD before it was announced, he said, “Not really.” As TechCrunch previously reported, OpenAI’s deal with AMD is unusual. AMD has agreed to grant OpenAI a large transfer of AMD stock (up to 10% over several years), subject to…
Nike: Get up to 40% off select Nike sale styles. Nordstrom Rack: Shop your favorite Nordstrom brands at up to 60% off. Old Navy: Stop what you’re doing and save 40% off your purchase from Old Navy when you purchase 100 or more. Pottery Barn: Get up to 60% off Pottery Barn furniture, decor, linens, and more. We also have sales up to 50% off on Halloween Decorations. Public Lands: Shop major brands like North Face, Columbia, Timberland and more at discounted prices. QVC: Get up to 35% off sitewide on Black Friday-level discounts on Dyson, Laura Geller, and more.…
Zero Creative | Connect Images | Getty ImagesMore details from the Financial Advisor Handbook:Here’s a look at other cases impacting the financial advisor business.If you’re 70 1/2 years old or older, you can contribute up to $108,000 in 2025. If a married couple files jointly, a spouse age 70 1/2 or older can also transfer up to $108,000 from an IRA. Thanks to changes enacted by the Safety Act of 2022, QCD limits now adjust annually for inflation. Here are some other important things to know about QCDs and how this move can benefit retirees.QCD tax reduction mechanismWhen you file…
Amazon’s October 2025 Prime Day sale (also known as Prime Big Deal Days) ends tonight. Before the doors close on the best fall deals, you need to check out this insane price we found on the Apple AirPods 4. Shop now on Prime Day and get Apple AirPods 4 for just $89. Regular retail price is $129. In case you haven’t tried this version of Apple AirPods, AirPods 4 are loved by Apple fans. Redesigned for a better fit and all-day comfort, the stem is shorter and tap control is much easier. the sound is great. With Spatial Audio, everything…
Check out the companies making headlines in pre-market trading: Joby Aviation — Shares of the electric air taxi maker plunged 11% after the company announced previously announced pricing for its stock. Joby sold 30.5 million shares of its common stock at a price of $16.85 per share, resulting in total proceeds of approximately $513.9 million. AST SpaceMobile — Shares rose 11% after the company announced a deal with Verizon to provide customers with cell phone service from space starting in 2026. Verizon stock rose 0.7%. Trilogy Metals — The Canadian mineral exploration company’s U.S.-listed shares soared 8% a day after…
Although it is well known that recycling is beneficial for the environment, it is estimated that less than 10% of the world’s plastic is recycled. Ganiga Innovation is looking to increase that percentage with its AI-enabled robotic trash can. Italian startup Ganiga has developed three products to improve waste and recycling management. The first is a fleet of robotic bins called Hoooly that uses generative AI to determine what is trash and what is recycled, and separates waste accordingly. The second is a smart lid that can be attached to an existing trash can with the same functionality as a…
UNITED NATIONS (AP) — The United Nations begins reducing its size. peacekeeping forces and peacekeeping operationsthe latest developments will force thousands of soldiers to evacuate from remote global hotspots in the coming months. US funding cuts A senior UN official told the world body:The official, who spoke on condition of anonymity to discuss a private meeting, briefed reporters on Wednesday on a 25% reduction in peacekeeping forces around the world as the United States, the largest UN donor, makes changes in line with the UN. President Donald Trump’s “America First” vision. Of the more than 50,000 peacekeepers deployed on nine…
Alphabet Inc. Chief Executive Officer Sundar Pichai during the Bloomberg Tech Conference on Wednesday, June 4, 2025 in San Francisco, California, USA. David Paul Morris | Bloomberg | Getty Imagesgoogle continues to impose restrictions on remote work, this time with a popular policy established during the coronavirus pandemic called “Work from Anywhere.”This policy allowed employees to work at a location other than the company’s headquarters for up to four weeks per calendar year. According to an internal document seen by CNBC, even one day of remote work will count as a full week.“Whether you record 1 WFA day or 5…