Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge

Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge

AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares…

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Retail investors outplayed fund managers over tariffs: Robinhood CEO

Retail investors outplayed fund managers over tariffs: Robinhood CEO

Retail investors, once dismissed as speculators, are now outmaneuvering professional fund managers by adhering to a simple strategy: buy into companies you believe in for the long haul, according to Robinhood’s CEO. Institutional investors have spent the weeks since April 2’s so-called “Liberation Day” worrying over macroeconomic signals and taking “risk off across the board,”…

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Recession specials could be the latest sign of deteriorating consumer sentiment

Recession specials could be the latest sign of deteriorating consumer sentiment

A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.” Lisa Kailai Han | CNBC As fears of a slowing economy lurk in the background, some businesses are taking notice and bringing back so-called recession specials. Look up the term “recession specials” through Google’s search engine, and the list…

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