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AST SpaceMobile (NASDAQ:ASTS) stock is soaring due to a filing for the resale of up to 10.45 million shares and positive sentiment from Apple's (NASDAQ:AAPL) iOS 18 launch with satellite messaging. Verizon (NYSE:VZ) and AT&T (NYSE:T) are collaborating with AST SpaceMobile for a 2024 broadband network. Globalstar (NYSE:GSAT) also saw gains, benefiting from its 2022 partnership with Apple. Investors can gain exposure to AST SpaceMobile via iShares Russell 2000 ETF (NYSE:IWM) and iShares Russell 2000 Growth ETF (NYSE:IWO).

Portfolio Pulse from Anusuya Lahiri

June 11, 2024 | 6:15 pm

USDTUSD

Tether Holdings plans to invest over $1 billion in AI, biotech, and financial infrastructure over the next 12 months. The company is diversifying its business model beyond stablecoins, maintaining a strong reserve strategy, and expanding into digital token bonds and equity issuance.

Portfolio Pulse from Khyathi Dalal

June 11, 2024 | 6:11 pm

AAPL

ASTS

GSAT

Globalstar, Inc (NYSE:GSAT) stock is trading higher as Apple Inc (NASDAQ:AAPL) showcased iOS 18 with satellite messaging during its annual developer event. This feature allows iPhone 14 and later users to send messages via satellite when cellular connections are unavailable. Globalstar reported quarterly sales of $56.48 million, beating analyst estimates.

Portfolio Pulse from Anusuya Lahiri

June 11, 2024 | 6:08 pm

DOGEUSD

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SHIBUSD

Meme coins like Dogecoin, Shiba Inu, and others are struggling due to a lack of innovation and reliance on outdated strategies. Experts suggest new mechanics are needed for long-term success.

Portfolio Pulse from Murtuza Merchant

June 11, 2024 | 6:05 pm

AISP

Airship AI Holdings, Inc. (NASDAQ:AISP) shares surged after announcing a significant contract with a DOJ agency for its Acropolis Enterprise Sensor Management platform. The contract includes a six-figure base year and four option years, marking a substantial expansion of their existing deployment. The customer will also migrate to a FedRAMP certified cloud environment. Trading volume spiked, with over 41 million shares traded compared to the 100-day average of 1.307 million shares.

Portfolio Pulse from Erica Kollmann

June 11, 2024 | 6:05 pm

AISP

Airship AI shares are trading higher following the announcement of a contract award with the Department of Justice (DOJ) for its Acropolis Enterprise Sensor Management video and data management platform.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 6:04 pm

TPET

Trio Petroleum Corp. (NYSE:TPET) shares surged 62% after announcing the successful completion of its first two exploratory wells in Utah. The company projects significant oil recovery and plans further expansion.

Portfolio Pulse from Dylan Berman

June 11, 2024 | 6:02 pm

ITA

MISL

Boeing Company (NYSE:BA) shares are trading lower due to reduced production and delivery of aircraft, regulatory scrutiny, and a decrease in backlog. The stock has lost over 16% in the past year. Investors can gain exposure through IShares U.S. Aerospace & Defense ETF (BATS:ITA) and First Trust Indxx Aerospace & Defense ETF (NYSE:MISL).

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 6:02 pm

AES

CLIA

RNWZ

AES Corporation's Kuihelani Solar-plus-Storage facility, the largest solar project in Hawaii, has begun operations. The project generates 60 MW of renewable energy and has a 25-year power purchase agreement with Hawaiian Electric Industries. This initiative will reduce Maui's reliance on fossil fuels and support local agriculture. AES recently sold a 47.3% stake in AES Brasil for $640 million. AES shares are down 2.36% at $19.90.

Portfolio Pulse from Lekha Gupta

June 11, 2024 | 5:48 pm

SPY

The World Health Organization (WHO) has reported a second case of human infection with the Avian Influenza A(H9N2) virus in India. The infected individual is a child residing in West Bengal.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 5:42 pm