Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Norah Mulinda and Kristine Aquino.
On this episode of Stock Movers:
- AST Spacemobile (ASTS) shares climbed to their highest level on record after the telecommunications firm said it signed an agreement with Verizon to provide direct-to-cellular connectivity when needed for customers starting in 2026. William Blair says the Verizon deal is a “competitive win” over SpaceX’s Starlink.
- Advanced Micro Devices (AMD) shares posted their best three-day gain in nine years, closing 11% higher today. The stock extended gains in the wake of a chip sale agreement with OpenAI to more than 40% over a three-day winning streak. AMD's deal with OpenAI gives the chipmaker a chance to challenge Nvidia in the AI computing industry.
- Fair Isaac (FICO) tumbled as much as 9.82% on Wednesday after rival Equifax said its VantageScore 4.0 service will offer mortgage credit scores at $4.50 through the end of 2027.
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