SpaceX just muscled into satellite cellular, leaving ASTS to bleed while big banks wait on deck
← Sunday, October 11, 2026 · Archive
Morning brief: SpaceX just muscled into satellite cellular, leaving ASTS to bleed while big banks wait on deck
Published
Futures Edge Up Ahead of Bank Deluge
U.S. stock futures are edging higher overnight following Friday's advance, while the bond market pauses for Columbus Day ahead of Wednesday's critical CPI report. With the Fear & Greed index sitting in Fear at 45, light holiday cash liquidity could amplify intraday swings before third-quarter corporate earnings officially ramp up.
Sources: www.goodreturns.in · www.clarin.com
Moderna Surges 14.2% on Nasdaq-100 Entry
Moderna surged 14.21% to $225.00 after officially replacing Warner Bros Discovery in the Nasdaq-100 index alongside renewed momentum for its Merck-partnered individualized cancer vaccine. Forced institutional index rebalancing creates powerful near-term buy pressure, but ongoing cash burn and an elevated valuation multiple leave little room for pipeline slip-ups.
Sources: www.gurufocus.com · stockstotrade.com
AST SpaceMobile Dumps 10.5% on SpaceX Threat
AST SpaceMobile tumbled 10.48% to $50.965 following news that rival SpaceX agreed to buy Grain Management's nationwide 800 MHz wireless spectrum portfolio to bolster Starlink Mobile. This aggressive land grab directly threatens ASTS's cellular carrier partnership moat, significantly raising the commercial stakes ahead of its planned next-generation BlueBird satellite deployments.
Sources: www.fool.com · stocksdownunder.com
Zscaler Rallies 7.8% on Target Upgrades
Zscaler rallied 7.80% to $233.73 after multiple Wall Street brokerages hiked price targets following its Investor Day roadmap targeting over $8 billion in annual recurring revenue by FY31. Reaffirmed near-term guidance relieves execution overhangs, confirming enterprise demand for AI-driven zero-trust security is holding firm despite recent tech volatility.
Sources: stockstory.org · www.timothysykes.com
Big Bank Earnings Deluge Hits Tuesday
Third-quarter earnings season kicks off in earnest tomorrow morning when major money-center banks including JPMorgan, Wells Fargo, Citigroup, and Goldman Sachs report before the bell. Their commentary on net interest margins, credit provisions, and investment banking pipelines will set the benchmark multiple for financials and test whether current equity valuations can hold.
Sources: jorgai.com · www.jpmorganchase.com
Posture: Cautious: Fear & Greed sits at 45 amid elevated yields; we preserve capital ahead of pivotal bank earnings and September CPI.
Tickers in focus: ASTS, XLF
Upcoming earnings
The day's moves on the ledger
No slate changes were logged this day.