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Business

AST SpaceMobile Secures U.S. Defense Contract as Key Satellite Launch Approaches

AST SpaceMobile (ASTS) has landed a contract with the U.S. Missile Defense Agency, marking a strategic pivot into the defense sector. The development coincides with the imminent launch of its BlueBird 7 satellite, a critical component of its direct-to-phone broadband constellation, positioning the company at the intersection of commercial telecom and government space communications.

Business

Power Giants NextEra and Xcel Forge Alliance to Fuel AI Data Center Boom

NextEra Energy and Xcel Energy have formed a strategic partnership to accelerate the development of power infrastructure—including renewables, storage, and grid tech—specifically to meet the surging electricity demands of AI data centers. The move underscores how utilities are scrambling to adapt to a new era of concentrated, power-hungry loads.

Business

STERIS Stock: A 20% Surge Leaves Investors Wondering If the Rally Has Run Its Course

STERIS plc's shares have climbed over 20% in the past year, prompting a critical valuation debate. While a discounted cash flow model suggests the stock is fairly priced, its elevated P/E ratio compared to industry peers raises questions about its current premium. We examine the metrics and investor narratives shaping the outlook for this healthcare infrastructure leader.