Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors 
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 
Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing 
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO 
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Stellantis Q2 Vehicle Shipments Rise 10% as North America Drives Growth 
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 
MSCI Inc. announced on Tuesday that satellite communications company AST SpaceMobile Inc. (NASDAQ: ASTS) has been added to its widely tracked MSCI All Country World Index (MSCI ACWI), marking a significant milestone for the Starlink rival. AST SpaceMobile was the largest of 63 new companies added to the global equity benchmark, while 61 securities were removed as part of MSCI’s latest index rebalancing.
The MSCI ACWI Index, which tracks large- and mid-cap stocks across developed and emerging markets, is closely followed by global investors and index funds. Inclusion in the index often acts as a catalyst for increased institutional demand, improved liquidity, and greater visibility among Wall Street investors. Alongside AST SpaceMobile, the three largest additions by market capitalization were Coherent Inc. (NYSE: COHR) and FTAI Aviation Ltd. (NASDAQ: FTAI).
Following the announcement, AST shares edged up 0.2% in after-hours trading on Tuesday, despite having declined nearly 5.7% during the regular session. Market volatility around the stock has intensified in recent weeks, driven in part by competitive developments in the satellite broadband space. Shares have experienced sharp swings after SpaceX, the owner of Starlink, signaled plans to pursue an initial public offering later this year. Analysts expect that additional funding from a potential IPO could significantly strengthen Starlink’s satellite internet capabilities, increasing competition for AST SpaceMobile.
AST SpaceMobile operates in the fast-growing space-based cellular broadband network sector, a niche with relatively few players. The company aims to deliver direct-to-cell satellite connectivity, allowing standard mobile phones to access broadband services without terrestrial infrastructure. AST has already secured strategic partnerships with major U.S. telecommunications providers, including AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ), to roll out satellite-based cellular services nationwide.
As global demand for seamless connectivity continues to rise, AST SpaceMobile’s inclusion in the MSCI ACWI Index underscores its growing importance in the satellite communications industry and could help attract long-term investor interest heading into 2026.
