Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 2.6% in the afternoon session after sentiment in the tech space improved, fueled by significant developments from OpenAI.
New York, NY – October 2, 2025 – AST SpaceMobile (NASDAQ: ASTS) witnessed a dramatic surge in its stock price today, climbing 11.9% after the company announced a successful space-based direct-to-cell connectivity test in partnership with Bell Canada. This landmark achievement, which follows an earlier nearly 10% jump in after-hours trading
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 5.3% in the afternoon session after investor optimism grew around its strategic bet on XCOM's Radio Access Network (RAN) technology and its potential as a key growth driver.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 4% in the morning session after the company announced it began construction to double the size of its ground station in Estonia.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 8% in the afternoon session after a bullish mention from CNBC's Jim Cramer and the company outlined its ambitious expansion strategy.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 3% in the afternoon session after the company announced plans to bring its HIBLEO-XL-1 satellite system into use to prepare for its next era of mobile satellite connectivity.
What a time it’s been for Globalstar. In the past six months alone, the company’s stock price has increased by a massive 69.3%, reaching $36.78 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average up 0.25% at 45,514.95, the S&P 500 advancing 0.2% to 6,495.15, and the Nasdaq climbing 0.45% to 21,798.69. These are the top stocks that gained the attention of retail traders and investors throughout the day.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 17.8% in the morning session after the company announced a significant expansion of its global ground infrastructure to support its next-generation mobile satellite network.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Globalstar (NASDAQ:GSAT) and its peers.
Shares of satellite communications provider Globalstar (NASDAQ:GSAT) jumped 4.8% in the afternoon session after a major deal was announced by a peer company.
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
While profitability is essential, it doesn’t guarantee long-term success.
Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity".
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Looking back on telecommunication services stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including Iridium (NASDAQ:IRDM) and its peers.
