Amazon.com, Inc. (AMZN)

Latest news, insights and market data

Market Data

$210.57
$2.30 (+1.10%)
Previous Close: $208.27
52-Week Range
29% from low
$196.00$246.35

AI Insights

Amazon is reportedly in talks to acquire satellite telecom group Globalstar for $9 billion, aiming to enhance its low-earth-orbit satellite business. This move could significantly bolster Amazon's logistics and cloud capabilities, positioning it strongly in the satellite communications market.

Updated about 4 hours ago

Latest News

Here’s what’s worth streaming in April 2026 on Netflix, Hulu, HBO Max and more

Here’s what’s worth streaming in April 2026 on Netflix, Hulu, HBO Max and more

about 9 hours ago

Amazon Globalstar Talks Put Satellite Push And Valuation In New Focus

Amazon Globalstar Talks Put Satellite Push And Valuation In New Focus

about 9 hours ago

Amazon Globalstar Talks Put Satellite Push And Valuation In New Focus

Amazon.com (NasdaqGS:AMZN) is reportedly in advanced talks to acquire satellite telecom company Globalstar. The potential deal would expand Amazon's presence in satellite communications beyond its existing Project Kuiper plans. Apple is a significant equity holder in Globalstar, adding a competitive and partnership angle to any transaction. For you as an investor, this potential move puts Amazon's satellite ambitions in a different light. The company is already building out Project Kuiper...

about 9 hours ago

Globalstar Rallies on Report That Amazon Is in Buyout Talks

Globalstar Rallies on Report That Amazon Is in Buyout Talks

about 10 hours ago

Globalstar Rallies on Report That Amazon Is in Buyout Talks

(Bloomberg) -- Globalstar Inc. shares jumped more than 20% in late trading on a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. The deal would bolster Amazon’s effort to build its own satellite operation, the newspaper reported, citing unidentified people with knowledge of the discussions. The two sides remain in negotiations over some of the transaction’s complexity, the Times said.Bloomberg News reported last year that Globalstar was exploring a poten

about 10 hours ago

Amazon eyes $9 billion Globalstar deal to rival SpaceX's Starlink, FT reports

Amazon eyes $9 billion Globalstar deal to rival SpaceX's Starlink, FT reports

about 11 hours ago

Amazon in talks to buy $9 billion satellite group Globalstar, FT reports

Amazon is in talks to acquire satellite telecom group Globalstar, ‌as the tech giant ramps up efforts to ‌build its own low-earth-orbit satellite business, the Financial Times ​reported on Wednesday, citing people familiar with the matter. Globalstar's shares, which have more than doubled in market value over the past year, ‌rose 24% to $85 ⁠in extended trading. Covington, Louisiana-headquartered Globalstar is known for its low-earth-orbit satellites.

about 11 hours ago