Several years of physics in engineering school. I have also looked into several times since. Turns out the answer is not a simple yes or no type answer. You must deal with relativity constants.
Yes moons and satellites orbit the earth and orbital mechanics allows to place satellites in an orbit that we choose.
As I said, light exhibits the properties of both a particle and a wave. I would suggest
following this link. It has some pictures, videos and articles that explain it. Its long because scientists are still working on understanding it.