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Philip Morris Lowers Annual Profit Forecast Amid Competition

Philip Morris International reduced its annual profit forecast on Wednesday, citing increased competition and regulatory challenges impacting its business operations.

AST SpaceMobile Shares Surge Following FCC Approval

AST SpaceMobile's stock rose by 8% pre-market on Wednesday after the Federal Communications Commission approved 223 satellites to use AT&T and Verizon spectrum for direct-to-cell service, reducing commercial risk for the company.

US Stock Futures Rise After Iran Ceasefire Extension

U.S. stock index futures climbed on Wednesday after President Donald Trump extended the U.S.-Iran ceasefire indefinitely, easing geopolitical tensions and boosting investor sentiment.