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MarketBeat
Business
Jordan Chussler

Here's What We Learned From AST SpaceMobile's Q3 Earnings Report

AST SpaceMobile ASTS Nasdaq MarketBeat Verizon

For the past two years, the communication services sector has been rewarding investors with eye-catching gains. After delivering a nearly 60% return in 2023 and a 40% gain in 2024, the sector is again leading the S&P 500 in 2025 with a 25% year-to-date (YTD) increase.

Much of this momentum is thanks to heavyweight contributors like Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Netflix (NASDAQ: NFLX), who keep pushing the sector higher. Those three together have returned nearly 28% in 2025. 

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