Amazon.com, Inc. (AMZN)
Latest news, insights and market data
Market Data
AI Insights
Amazon's acquisition of satellite operator Globalstar enhances its satellite connectivity ambitions, positioning it competitively against other networks like SpaceX's Starlink. This strategic move could open new revenue streams and bolster its technology ecosystem. Keep an eye on how this impacts Amazon's growth trajectory in the space sector.
Latest News
| Title | Published |
|---|---|
Amazon (AMZN) Price Target Lowered As CapEx Expected To Peak Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Mark Kelley from Stifel Nicolaus cut the firm’s price target on Amazon.com Inc. (NASDAQ:AMZN) from $300 to $294 on April 13. However, he reiterated a Buy rating on the shares. The firm’s adjusted price target suggests an […] | about 1 hour ago |
Amazon’s Globalstar Deal Recasts Satellite Ambitions And Investor Risk Reward Amazon.com, NasdaqGS:AMZN, has completed its acquisition of satellite operator Globalstar. The deal gives Amazon control of Globalstar’s spectrum rights, satellite fleet, and key commercial agreements. This move expands Amazon’s direct to device satellite connectivity efforts and increases competitive pressure on other space based networks. Amazon.com, NasdaqGS:AMZN, now trades at $250.56 and sits on strong multi year gains, with the share price up 49.7% over the past year and 135.9% over... | about 2 hours ago |
Blue Origin rocket reusable booster lands but satellite misses orbit STORY: The reusable booster of the New Glenn rocket launched from Florida on Sunday touched down successfully after about 10 minutes.However, Jeff Bezos' Blue Origin rocket failed to deploy the AST SpaceMobile communications satellite it was carrying into the correct orbit.In a statement, AST said that the BlueBird 7 satellite was placed into a lower than planned orbit by the upper stage of the launch vehicle.The satellite was part of an effort to build a space-based cellular broadband network, similar to Amazon's Leo or SpaceX's Starlink.Sunday's mission - the third for New Glenn - was key to demonstrating that the rocket had a reliable booster reuse capability and could compete with SpaceX's Falcon 9.The rocket's booster dubbed "Never Tell Me the Odds," - a nod to a Han Solo line in 'Star Wars: The Empire Strikes Back' - had flown on the second mission in November and was recovered, setting up this milestone attempt.The mission comes amid a surge of activity in the space sector, including the successful NASA Artemis II lunar flyby.SpaceX and Blue Origin have been racing to help return people to the moon, ahead of a planned crewed mission by China in 2030.Following the launch, SpaceX's Elon Musk congratulated Bezos on social media. | about 2 hours ago |
Looking For a Way to Profit from the SpaceX IPO? This Top AI Stock Owns a $100 Billion Stake in the Elon Musk-led Rocket and Satellite Leader. Here's why this tech titan is a buy right now. | about 8 hours ago |
80-year-old Home Depot rival closes hardware store, no bankruptcy 80-year-old Home Depot rival closes hardware store, no bankruptcy | about 9 hours ago |
80-year-old Home Depot rival closes hardware store, no bankruptcy The home improvement and hardware retail sectors faced a challenging year in 2025, as sales suffered from a continued housing slump and consumers' reluctance to spend in uncertain economic conditions. Industry leader Home Depot's sales declined by 3.8% in its fourth quarter of 2025, ending Feb. 1, ... | about 9 hours ago |
Cramer Highlights Nike, Amazon, Nvidia Stock To Investors: 'Why Would You Sell It?' Cramer Highlights Nike, Amazon, Nvidia Stock To Investors: 'Why Would You Sell It?' | about 9 hours ago |
Amazon (AMZN) Price Target Lowered As CapEx Expected To Peak
Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Best Major Stocks to Buy According to Wall Street Analysts. Mark Kelley from Stifel Nicolaus cut the firm’s price target on Amazon.com Inc. (NASDAQ:AMZN) from $300 to $294 on April 13. However, he reiterated a Buy rating on the shares. The firm’s adjusted price target suggests an […]
Amazon’s Globalstar Deal Recasts Satellite Ambitions And Investor Risk Reward
Amazon.com, NasdaqGS:AMZN, has completed its acquisition of satellite operator Globalstar. The deal gives Amazon control of Globalstar’s spectrum rights, satellite fleet, and key commercial agreements. This move expands Amazon’s direct to device satellite connectivity efforts and increases competitive pressure on other space based networks. Amazon.com, NasdaqGS:AMZN, now trades at $250.56 and sits on strong multi year gains, with the share price up 49.7% over the past year and 135.9% over...
Blue Origin rocket reusable booster lands but satellite misses orbit
STORY: The reusable booster of the New Glenn rocket launched from Florida on Sunday touched down successfully after about 10 minutes.However, Jeff Bezos' Blue Origin rocket failed to deploy the AST SpaceMobile communications satellite it was carrying into the correct orbit.In a statement, AST said that the BlueBird 7 satellite was placed into a lower than planned orbit by the upper stage of the launch vehicle.The satellite was part of an effort to build a space-based cellular broadband network, similar to Amazon's Leo or SpaceX's Starlink.Sunday's mission - the third for New Glenn - was key to demonstrating that the rocket had a reliable booster reuse capability and could compete with SpaceX's Falcon 9.The rocket's booster dubbed "Never Tell Me the Odds," - a nod to a Han Solo line in 'Star Wars: The Empire Strikes Back' - had flown on the second mission in November and was recovered, setting up this milestone attempt.The mission comes amid a surge of activity in the space sector, including the successful NASA Artemis II lunar flyby.SpaceX and Blue Origin have been racing to help return people to the moon, ahead of a planned crewed mission by China in 2030.Following the launch, SpaceX's Elon Musk congratulated Bezos on social media.
Looking For a Way to Profit from the SpaceX IPO? This Top AI Stock Owns a $100 Billion Stake in the Elon Musk-led Rocket and Satellite Leader.
Here's why this tech titan is a buy right now.
80-year-old Home Depot rival closes hardware store, no bankruptcy
80-year-old Home Depot rival closes hardware store, no bankruptcy
80-year-old Home Depot rival closes hardware store, no bankruptcy
The home improvement and hardware retail sectors faced a challenging year in 2025, as sales suffered from a continued housing slump and consumers' reluctance to spend in uncertain economic conditions. Industry leader Home Depot's sales declined by 3.8% in its fourth quarter of 2025, ending Feb. 1, ...
Cramer Highlights Nike, Amazon, Nvidia Stock To Investors: 'Why Would You Sell It?'
Cramer Highlights Nike, Amazon, Nvidia Stock To Investors: 'Why Would You Sell It?'