Navigated to AST SpaceMobile Soars, PNC Financial Rises, Vistra Drops on Move to Have Tech Giants Pay for Power Costs

AST SpaceMobile Soars, PNC Financial Rises, Vistra Drops on Move to Have Tech Giants Pay for Power Costs

January 16
3 mins

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Episode Description

On this episode of Stock Movers:
- AST SpaceMobile (ASTS) shares soar the most since December and enough to reach an intraday record, after the satellite internet company was given prime contract position for the US Missile Defense Agency’s SHIELD program, which is connected to Donald Trump’s Golden Dome effort.
- PNC Financial (PNC) shares rise after the regional bank forecasted net interest income growth for 2026 of about +14%. It also reported revenue that came in above the average analysts estimates.
- Vistra (VST) shares dropped to push for an emergency wholesale electricity auction to compel technology companies to fund new power plants.

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