去年12月太空经济板块可以说是中美共振了，美股太空经济几家主力基本上都翻倍了。心头好小火箭RKLB表现也很亮眼。过去一个月对RKLB来说绝对是业务上的超级月：1、拿到了美国太空发展局超过8亿美金，18颗卫星订单。这些卫星还配备卫星配备Rocket Lab的StarLite防护传感器（可防御定向能量威胁），并扩展到向其他承包商供应传感器； 2、同时还拿到加拿大、日本航天机构的新合同； 3、25年全年完成21次Electron火箭发射，年度100%任务成功率（全球小型火箭最活跃）。包括12月为iQPS发射SAR卫星（这是iQPS的第7颗，未来计划5次更多）。 4、中性火箭中子星Neutron进展：首飞仍目标2026年中（Q1运抵Wallops发射台，资格测试中）。Hungry Hippo可重复使用整流罩已完成资格测试； 拿到太空发展局的合同意味着RKLB正式跻身为最大的国防太空承包商之一；如果26年中中子星发射成功，意味着RKLB成功从小型火箭发射升级到中性火箭发射。 美股太空经济股票，有好几只在链上美股平台@MSX_CN 上都能交易，可以关注起来https://t.co/SwrikLq3oN

中美太空资源争夺白热化，这两天一条新闻值得关注，中国在去年12月正式向国际电信联盟（ITU）提交20.3万颗低轨卫星申报，涵盖14个星座，仅两大核心星座CTC-1与CTC-2就各达9.6万余颗，规模相当于美国星链申报总量的近5倍。 本次申报主体包括无线电创新院、中国移动、垣信卫星等机构。无线电创新院于2025年12月29日提交两个近10万颗卫星的巨型星座申请，并于次日（12月30日）完成河北雄安新区注册登记，成为中国无线电管理技术领域首家新型研发机构。 战略意图： 国际电信联盟（ITU）是太空的“规则制定者”，核心规矩就一条：“先申报、先发射、先占用”。低轨（距离地球300-2000公里）是太空里的“黄金地段”，信号快、延迟低，未来6G通信、军事指挥都离不开它，就像城市里的核心停车位，占一个少一个。 老马的星链动手更早：截至2025年底，在轨卫星快到1万颗，占了全球低轨卫星的2/3，还申报了4.2万颗，把好位置占得差不多了 中国此举旨在抢占低轨卫星频轨资源，应对国际竞争。目前全球低轨资源遵循“先占先得”规则，中国通过大规模申报锁定资源。 当然ITU审批通过后并不是一劳永逸，根据ITU规则，申报单位需在7年内发射首颗卫星，第9年完成10%部署，第12年完成50%部署，第14年完成全部部署。 中国现在大规模申报意味着从卫星制造到火箭发射，全产业链都已准备就绪，这是有明确路线图的国家工程，绝不是虚张声势。 所以说太空资源争夺已是白热化

BREAKING: Verizon, $VZ, says it will cut 13,000 jobs

$VZ - VERIZON SAYS IT WILL CUT MORE THAN 13,000 JOBS AS IT RESTRUCTURES

BREAKING: Verizon, $VZ, to cut 15,000 jobs, per WSJ

$VZ - Verizon to Cut About 15,000 Jobs -- WSJ Verizon Job Cuts are Largest Ever for the Carrier, Sources Say -- WSJ $VZ - Verizon 将裁员约 15,000 人 -- 《华尔街日报》 消息人士称，Verizon 裁员是该运营商有史以来最大的裁员——《华尔街日报》

$VZ - Verizon to Cut About 15,000 Jobs -- WSJ Verizon Job Cuts are Largest Ever for the Carrier, Sources Say -- WSJ

$VZ - Verizon to Cut About 15,000 Jobs, Sources Say -- WSJ

$VZ - *VERIZON 1Q NET CHANGE IN POSTPAID PHONE SUBS -289K, EST. -185K *VERIZON REAFFIRMS 2025 GUIDANCE EXCLUDING TARIFF IMPACTS

The FAA may cancel a $2.4 billion contract with Verizon, $VZ, and instead give it to Starlink, owned by Elon Musk, per WaPo.

$VZ RESULTS: Q4 🔸 ADJ EPS $1.10 vs. $1.08 y/y, EST $1.09 🔸 ADJ EBITDA $11.9B, +1.7% y/y, EST $12.02B 🔸 Operating revenue $35.7B, EST $35.33B 🔸 Wireless Equipment revenue $7.5B, EST $7.21B 🔸 Consumer revenue $27.6B, EST $27.3B 🔸 Business revenue $7.5B, EST $7.48B 🔸 Wireless Service revenue $20B, EST $19.96B 🔸 FIOS Internet subscribers +51,000, -7.3% y/y, EST +44,675 F/Y GUIDANCE 🔸 Sees wireless service revenue growth +2% to +2.8% 🔸 Sees ADJ EBITDA +2% to +3.5% 🔸 Still sees capital expenditure $17.5B to $18.5B, EST $18.09B

$VZ $FYBR - VERIZON’S TAKEOVER OF FRONTIER SET TO CLEAR SHAREHOLDER VOTE- WSJ

$VZ - U.S. DEPARTMENT OF DEFENSE AWARDS VERIZON BUSINESS WITH CONTRACT EXTENSION

$VZ $LUMN U.S. Officials Probe Severity of China-Tied Cyberattacks to Broadband Providers -- WSJ Hackers Maintained Access to Some Breached Networks Within Last Week, Sources Say -- WSJ More Potential Victims Have Been Notified of Possible Compromise, Sources Say -- WSJ Lawmakers Send Letters to Verizon, AT&T, Lumen Requesting Information on Hacks, Responses -- WSJ

$VZ VERIZON TO BUY FRONTIER FOR $38.50/SHR IN CASH

$VZ RESULTS: Q2 🔸ADJ EPS $1.15 vs. $1.21 y/y, EST $1.15 🔸Operating revenue $32.8B, EST $33.07B 🔸Consumer revenue $24.9B, EST $25.16B 🔸Business revenue $7.3B, EST $7.35B 🔸Wireless Service revenue $19.8B, EST $19.79B 🔸FIOS Internet subscribers +28,000, EST +38,089 🔸ADJ EBITDA $12.3B, EST $12.29B F/Y GUIDANCE 🔸Still sees ADJ EPS $4.50 to $4.70, EST $4.57 🔸Still sees wireless service revenue growth +2% to +3.5% 🔸Still sees capital expenditure $17B to $17.5B, EST $17.34B

STREET RECOMMENDATION - JULY 01, 2024 Upgrades $ADNT: BNP Paribas Upgrades to Neutral from Underperform - PT $26 $AGRO: JPMorgan Upgrades to Neutral from Underweight - PT $11.50 (from $10.50) $BIRK: UBS Upgrades to Buy from Neutral - PT $85 (from $52) $COLD: Wolfe Research Upgrades to Outperform from Peerperform - PT $31 $ICE: Goldman Sachs Upgrades to Buy from Neutral - PT $167 (from $143) $MGA: BNP Paribas Upgrades to Outperform from Neutral $TFX: Piper Sandler Upgrades to Overweight from Neutral - PT $245 (from $205) $TFX: Piper Sandler Upgrades to Overweight from Neutral - PT $245 (from $205) Downgrades $AMED: William Blair Downgrades to Market Perform from Outperform $ICFI: Truist Securities Downgrades to Hold from Buy - PT $155 (from $168) $NEP: RBC Capital Downgrades to Sector Perform from Outperform - PT $30 (from $38) $SAVA: H.C. Wainwright Downgrades to Neutral from Buy $ZBH: Piper Sandler Downgrades to Neutral from Overweight - PT $115 (from $140) Initiates $AMKR: JPMorgan Initiates at Overweight - PT $48 $AMT: Goldman Sachs Initiates at Buy - PT $230 $ATUS: Goldman Sachs Initiates at Sell - PT $2 $AXGN: Raymond James Initiates at Outperform - PT $13 $BIVI: ThinkEquity Initiates at Buy - PT $3 $CCOI: Goldman Sachs Initiates at Neutral - PT $56 $CHTR: Goldman Sachs Initiates at Sell - PT $250 $DLR: Goldman Sachs Initiates at Buy - PT $175 $EQIX: Goldman Sachs Initiates at Buy - PT $870 $FYBR: Goldman Sachs Initiates at Buy - PT $29 $GAUZ: Stifel Initiates at Buy - PT $18 $GAUZ: TD Cowen Initiates at Buy - PT $24 $IMMX: H.C. Wainwright Initiates at Buy - PT $7 $LUMN: Goldman Sachs Initiates at Sell - PT $1 $T: Goldman Sachs Initiates at Buy - PT $22 $TALK: Needham Initiates at Hold $TMUS: Goldman Sachs Initiates at Buy - PT $200 $VZ: Goldman Sachs Initiates at Neutral - PT $50 $WRB: TD Cowen Initiates at Buy - PT $103 : JMP Securities Initiates at Market Outperform - PT $6