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Photo: Justin Hobson (Justin1569 at English Wikipedia) / Wikimedia Commons (CC BY-SA 3.0)

Iowa Tornado Watch Expands Across Central, Eastern Regions

A heat wave across Iowa is fueling a round of severe storms this Monday, triggering tornado watches and heat advisories with threats of damaging winds, large hail, and a potential tornado in parts of the state. The watches cover central to eastern Iowa and are expected to move southeast this evening, with conditions easing after midnight as cooler air moves in on Tuesday.

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Packers Extend Devonte Wyatt, Range Up to $67M

The Green Bay Packers have signed defensive tackle Devonte Wyatt to a three-year, $57 million extension, including a $20 million signing bonus, keeping him under contract through 2029. The deal follows his 2022 first-round selection and 2025 season cut short by injury, with the team turning its attention to locking in tight end Tucker Kraft next.

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AST SpaceMobile Plans $1B Convertible Notes Due 2034

{"summary": "AST SpaceMobile unveiled plans to raise up to $1 billion in convertible senior notes due 2034, with an option to sell up to $150 million more, to fund growth, secure launch capacity, and pursue partnerships or acquisitions while financing capped call transactions. The move comes as the company carries substantial liquidity but faces investor concerns about cash burn and potential dilution, even as it aims to support its space-based cellular network expansion.", "summary_sources": ["https://www.benzinga.com/trading-ideas/movers/26/07/60485919/ast-spacemobile-stock-tumbles-on-1-billion-offering", "https://www.tipranks.com/news/catalyst/ast-spacemobile-sinks-after-massive-debt-raise-plan", "https://www.stocktitan.net/sec-filings/ASTS/8-k-ast-space-mobile-inc-reports-material-event-d73bdb8682f3.html", "https://www.stocktitan.net/news/ASTS/ast-space-mobile-announces-proposed-private-offering-of-1-0-billion-k7kffvmgauo0.html", "https://www.benzinga.com/news/26/07/60484598/ast-spacemobile-plans-offer-1b-senior-notes-due-2034"]}

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