--- title: "U.S. Stock Market Midday Update: ASTS up 9.05%: Directors increase holdings + Berenberg Buy rating, target price $92" type: "News" locale: "en" url: "https://longbridge.com/en/news/297816253.md" description: "AST SpaceMobile rose 9.05%; SpaceX fell 1.26%, with a trading volume of $4.63 billion; T-Mobile US rose 2.70%, with a trading volume of $446 million; AT&T rose 1.15%, with a trading volume of $412 million; Verizon rose 0.64%, with a market capitalization of $210.3 billion" datetime: "2026-09-02T17:43:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297816253.md) - [en](https://longbridge.com/en/news/297816253.md) - [zh-HK](https://longbridge.com/zh-HK/news/297816253.md) generator: "portal-rs" --- # U.S. Stock Market Midday Update: ASTS up 9.05%: Directors increase holdings + Berenberg Buy rating, target price $92 **U.S. Stock Market Midday Update** AST SpaceMobile rose 9.05%. Based on recent key news: 1. On September 2, board member Adriana Cisneros purchased 10,822 shares for approximately $619,000, seen as a positive signal for the company's prospects, driving the stock price up. Source: SEC filings. 2. On September 2, Berenberg Bank released a report giving AST SpaceMobile a buy rating with a target price of $92, and the market reacted positively. Source: Berenberg Bank. 3. On September 2, analyst consensus maintained a moderate buy rating with an average target price of $86.35, indicating a potential stock price increase of 42.18%. Source: Wall Street analyst industry investment growth, significant ETF inflows. **Stocks with High Trading Volume in the Industry** SpaceX fell 1.26% with active trading. Based on recent key news: 1. On August 31, SpaceX plans to build a foundry in Texas to produce gas turbine blades, aiming to alleviate power shortages at AI data centers. This move could change the supply landscape of the gas turbine market and affect the stock prices of related companies. 2. On September 1, SpaceX announced it would terminate Falcon 9 Starlink launches and shift to the Starship rocket, planning to launch 10,000 times a year. This strategic shift may impact the company's future revenue structure. 3. On September 2, SpaceX completed a $6 billion all-stock acquisition of Cursor, chasing opportunities in the AI market. This move demonstrates the company's ambition to expand in the AI field, which may affect stock price volatility. Significant capital inflows in AI and aerospace sectors warrant caution. T-Mobile US rose 2.70%. Based on recent key news: 1. On August 31, T-Mobile reached an expansion agreement with Optimum Communications to provide more advanced 5G features and device compatibility. This collaboration will enhance T-Mobile's mobile business growth and drive the development of its broadband business, stimulating stock price increases. 2. On September 2, T-Mobile announced that executives would speak at an upcoming investor meeting, increasing market attention on the company's future strategy and further driving the stock price up. 3. On September 3, T-Mobile executives will speak at the Citi Global TMT Conference, with the market expecting them to share the company's future development plans, boosting investor confidence and continuing the stock price rise. The development of 5G technology is driving overall industry growth. AT&T rose 1.15%. Based on recent key news: 1. On September 2, AT&T participated in an AI and proptech investment conference held in Texas, discussing strategic investments in innovative technologies. This event attracted industry leaders and may have boosted market confidence in AT&T's future growth potential, driving up the stock price. 2. On September 2, Airgain will participate in activities at the FirstNet User Summit in Las Vegas, focusing on public safety connectivity in collaboration with AT&T. This partnership may enhance investor confidence in AT&T's position in the public safety sector, further supporting the stock price. 3. On September 1, AT&T announced a change in CFO, and the market's expectations for the new leadership may have boosted investor confidence, leading to a rise in the stock price. Industry conferences are boosting market confidence, resulting in stock price increases. **Top Stocks by Market Capitalization in the Industry** Verizon rose by 0.64%. Based on recent key news: 1. On September 1, Verizon executives will speak at the investor conference on September 9, with CEO Dan Schulman and CFO Tony Skiadas attending Goldman Sachs and Citigroup meetings, respectively. The market is optimistic about the company's future development, driving up the stock price. 2. On September 1, Verizon's Executive Vice President and Group CEO Kyle Malady sold 1,100 shares of common stock at a transaction price of $50.5 per share, reducing his direct holdings to 107,666 shares. The market reacted positively to this, resulting in a slight increase in the stock price. 3. On August 31, Bernstein analyst Laurent Yoon maintained a hold rating on Verizon and set a target price of $47. The analyst's neutral stance did not have a significant impact on the stock price. The telecommunications services industry has shown stable performance recently, with noticeable capital inflows ### Related Stocks - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [TMUS.US](https://longbridge.com/en/quote/TMUS.US.md) - [T.US](https://longbridge.com/en/quote/T.US.md) - [VZ.US](https://longbridge.com/en/quote/VZ.US.md) ## Related News & Research - [EXCLUSIVE-Russian-speaking cybercriminals used SpaceX’s Cursor AI tool to hack seven companies](https://longbridge.com/en/news/297162027.md) - [Security Risk Advisors Launches SCALR AI as a Free SOC AI Platform for Security Teams](https://longbridge.com/en/news/297523531.md) - [SpaceX Is Trading Near Its $135 Offering Price. Wall Street Analysts Say This Is What Happens Next.](https://longbridge.com/en/news/297409460.md) - [I lost more than $250,000 on SpaceX, but I'm planning to keep trading. 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