markets
ASTS -2.09% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Consumer credit and speculative growth names bleeding intraday as labor income data hits.
ASTS is down 2.09% to $66.78 and AFRM off 2.29% to $76.62 — both names feeling pressure as Reuters reports US workers' share of GDP hits a fresh record low, undercutting the consumer spending thesis that drives AFRM's buy-now-pay-later model. HOOD is the worst performer in the basket at -2.37% to $90.53, reinforcing the retail-facing growth selloff. Large-cap tech is bucking the move — AMD +2.07%, MSFT +2.34% — but DIA is down 0.92%, signaling broad cyclical drag.
Watch: AFRM $75 as near-term support; a break opens air to the low $70s. ASTS $65 is the line to hold — loss of that level accelerates the move.