This week, several stocks caught investors’ attention, driven by significant developments and market momentum. Here’s the breakdown of this week’s trending stocks:
SharpLink Gaming ($SBET) Authorizes $1.5B Buyback
SharpLink Gaming ($SBET), a Minneapolis-based company developing solutions for online gaming and sports betting, has authorized a massive $1.5 billion stock repurchase program. According to management, the move is designed to support the stock if it trades below the net asset value (NAV) of its Ethereum holdings—an approach they see as potentially accretive to shareholders.
While SharpLink’s core business focuses on building secure and scalable tech for the sports gaming space, the company has recently attracted outsized retail investor attention thanks to its treasury strategy: holding Ether (ETH) as a primary reserve asset. With ETH prices surging, $SBET is increasingly viewed as a high-beta proxy for Ethereum exposure.
Stock Price Reaction
$SBET shares rose 15.7% on the news.
EchoStar ($SATS) Sells Spectrum Licenses to AT&T in $23B Deal
EchoStar ($SATS), a U.S.-based satellite and communications company, is set to sell a massive portfolio of wireless spectrum licenses to AT&T for approximately $23 billion in cash. The deal marks one of the largest U.S. spectrum transactions to date and includes around 50 MHz of low-band and mid-band spectrum covering over 400 markets nationwide.
The transaction is more than a sale—it paves the way for EchoStar to continue its presence in the wireless market. According to the companies, EchoStar will enhance its existing wholesale agreement with AT&T and continue offering mobile services under the Boost Mobile brand as a hybrid mobile network operator.
Strategic Move for EchoStar
The spectrum sale allows EchoStar to unlock significant capital from its spectrum assets while maintaining long-term participation in the U.S. wireless industry. The updated agreement positions EchoStar to operate Boost Mobile over AT&T’s expansive network, offering greater reliability and coverage. This shift also reduces EchoStar’s capital requirements for network infrastructure, potentially improving its margin profile in the coming years.
What AT&T Gains
AT&T will acquire:
- ~30 MHz of nationwide 3.45 GHz mid-band spectrum
- ~20 MHz of nationwide 600 MHz low-band spectrum
These assets strengthen AT&T’s position in 5G and broadband and are expected to accelerate its fiber + wireless convergence strategy. AT&T intends to deploy the new licenses rapidly and use them to boost its fixed wireless offering (AT&T Internet Air) and support next-gen technologies such as AI-native devices and autonomous vehicles.
The deal is expected to close in mid-2026, pending regulatory approvals.
Stock Price Reaction
$SATS shares surged over 70% on the news.
Energy Fuels ($UUUU) Partners with Vulcan to Build U.S. Rare Earth Magnet Supply Chain
Energy Fuels ($UUUU), a U.S.-based producer of uranium and rare earth oxides, has signed a memorandum of understanding (MOU) with Vulcan Elements, a North Carolina-based manufacturer of rare earth permanent magnets, to create a resilient domestic supply chain for rare earth magnets—independent of China.
Key Details
- Under the MOU, Energy Fuels will supply high-purity neodymium-praseodymium (NdPr) and dysprosium (Dy)oxides to Vulcan starting in Q4 2025.
- These materials are essential for magnets used in satellites, electric vehicles, AI data centers, drones, defense systems, robotics, and more.
- The oxides will be refined at Energy Fuels’ White Mesa Mill in Utah, using monazite concentrates sourced from U.S. mines in Georgia and Florida.
- Vulcan will validate the oxide quality for use in magnet production, with the goal of securing long-term supply agreements.
Strategic Context
Vulcan Elements manufactures sintered NdFeB magnets at its U.S. facility in Durham, North Carolina. These magnets are critical for both commercial and military applications—from disk drives and semiconductors to drones and EVs.
Energy Fuels produced high-purity NdPr at commercial scale in 2024 and is piloting Dy and Tb production, with kilogram-scale samples of Dy expected by August 2025. The partnership marks a step toward a fully American rare earth magnet supply chain—a national security priority.
Stock Price Reaction
Shares of Energy Fuels ($UUUU) jumped 12.6% following the announcement.
This article is for informational purposes only and is not investment advice or a solicitation to buy or sell securities. The content is based on publicly available information and reflects the author’s opinions as of the publication date, which may change without notice. All investments carry inherent risks, including the potential loss of principal, and past performance is not indicative of future results. Forward-looking statements, including references to projected revenues, market trends, or business developments, are based on current expectations and assumptions. Actual results may differ due to various factors, including regulatory changes, economic conditions, competitive pressures, and unforeseen market fluctuations. Readers should conduct their own research or consult a financial advisor before making investment decisions. BBAE holds no position in the securities mentioned, nor are they compensated by the companies mentioned.
