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NYSE:ASTS 31 May 2026

Blue Origin Explosion Puts AST SpaceMobile Stock at Risk Monday

Blue Origin Explosion Puts AST SpaceMobile Stock at Risk Monday

AST SpaceMobile stock plunged 14.79% to $113.41 Friday after a Blue Origin New Glenn rocket exploded in a test, raising doubts about the company’s 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106. AST says upcoming launches use SpaceX, not Blue Origin, but analysts warn delays could push out revenue. AST reported $3.5 billion in cash and reaffirmed its 2026 satellite target.

Stock Market Today

  • Broad Market Strength Extends Beyond Tech Stocks, Encouraging Investors
    May 31, 2026, 12:25 PM EDT. The stock market shows broad-based strength, extending beyond its traditional leaders in tech. While technology stocks continue to lead gains, sectors across the market are increasingly participating, signaling a more diversified rally. This wider market momentum provides investors with a rationale to stay the course amid the current economic backdrop. Analysts note that the expanding leadership could mitigate risks tied to overconcentration in tech, offering a more balanced market recovery. This development may influence portfolio strategies as investors seek exposure to multiple sectors benefiting from the ongoing market uptrend.

Latest articles

BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

BlackBerry Stock Has Surged. The Week Ahead Could Decide If It Sticks

31 May 2026
BlackBerry closed at $9.00 in New York, up 2.5% Friday and 13.8% for the week, hitting a six-session streak near its 52-week high. Volume surged to 45.1 million shares. Gains follow April’s QNX revenue jump to $78.7 million and a $950 million royalty backlog. AtHoc secured 2026 FedRAMP Class D High re-certification. QNX highlighted robotics at Boston’s summit. Investors await June 2 and June 25 updates on bookings and revenue.
Blue Origin Explosion Puts AST SpaceMobile Stock at Risk Monday

Blue Origin Explosion Puts AST SpaceMobile Stock at Risk Monday

31 May 2026
AST SpaceMobile stock plunged 14.79% to $113.41 Friday after a Blue Origin New Glenn rocket exploded in a test, raising doubts about the company’s 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106. AST says upcoming launches use SpaceX, not Blue Origin, but analysts warn delays could push out revenue. AST reported $3.5 billion in cash and reaffirmed its 2026 satellite target.
MARA Holdings Stock Gains as Bitcoin Recovery and AI Plans Run Into Morgan Stanley Downgrade

MARA Stock Leads During Short Week as Focus Shifts Ahead

31 May 2026
MARA Holdings surged 4.1% since May 22, closing Friday at $14.38 after announcing a $1.5 billion deal for Long Ridge Energy & Power. The company aims to pivot from bitcoin mining to AI-linked power and data infrastructure. Q1 revenue fell 18% to $174.6 million, with a $1.3 billion net loss. MARA mined 2,247 bitcoin, sold 20,880, and held 35,303. Closing Long Ridge and landing major tenants remain key hurdles.
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