Europe’s Russian liquefied natural gas imports have hit a record high this year, reaching 16.5mn tonnes as of mid-December, despite the EU’s aim to reduce dependence on Russian gas. Spot market purchases of Russian LNG have increased, with 33% of EU imports under spot contracts this year. EU officials are working towards ending all imports of Russian fossil fuels by 2027, with plans to increase US imports as an alternative.
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Why AST SpaceMobile Stock Has Been Quietly Crushing the Market Lately
AST SpaceMobile (NASDAQ: ASTS), a provider of low Earth orbit satellites for cellular connectivity, has seen its stock surge over 330% in the past year, significantly outperforming the Nasdaq Composite's 20% rise. By addressing coverage gaps in rural areas with 2G, 4G, and 5G signals via low- to mid-band spectrums, AST competes effectively against larger players like SpaceX's Starlink. Want More Context? 🔎
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