Amazon.com, Inc. (AMZN)

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$209.77
$0.80 (-0.38%)
Previous Close: $210.57
52-Week Range
27% from low
$196.00$246.35

AI Insights

Amazon is in advanced talks to acquire satellite operator Globalstar, a move aimed at bolstering its Project Kuiper for low Earth orbit broadband. This potential deal could enhance Amazon's competitive edge in satellite internet services, especially against players like Apple, which has a stake in Globalstar. Keep an eye on how this shapes Amazon's strategy in the growing connectivity market.

Updated about 9 hours ago

Latest News

Amazon Globalstar Interest Puts Apple Satellite Story Under Fresh Review

Amazon Globalstar Interest Puts Apple Satellite Story Under Fresh Review

about 2 hours ago

Amazon Globalstar Interest Puts Apple Satellite Story Under Fresh Review

Amazon is exploring a potential acquisition of Globalstar, the satellite operator that underpins Apple’s Emergency SOS and other satellite features. Apple, which holds a significant stake in Globalstar, currently relies on the company’s network to support satellite connectivity on selected iPhone models. A change of control at Globalstar to another large tech company could affect how NasdaqGS:AAPL structures future device features and service agreements. For Apple, satellite connectivity...

about 2 hours ago

Amazon’s $200 Billion AI Spending Spree Is Lighting the Fuse for Explosive Growth

Amazon’s $200 Billion AI Spending Spree Is Lighting the Fuse for Explosive Growth

about 4 hours ago

Amazon’s $200 Billion AI Spending Spree Is Lighting the Fuse for Explosive Growth

The very spending that has some investors clutching their portfolios turns out to be the smartest infrastructure bet since the original cloud build-out. In today’s AI-driven economy, hyperscalers are racing to wire the future. Yet many retail shareholders watch the headlines — $200 billion here, compressed cash flow there — and wonder whether the returns ... Amazon’s $200 Billion AI Spending Spree Is Lighting the Fuse for Explosive Growth

about 4 hours ago

Amazon Vs. Starlink: The $9 Billion Globalstar Deal That Could Change Everything

Globalstar (GSAT) jumps on $9B Amazon (AMZN) takeover rumors.

about 10 hours ago

U.S.-Iran war 'tax' begins to hit American businesses and consumers

A U.S.-Iran war 'tax' is beginning to hit consumers as diesel and jet fuel prices rise and stress business profitability, and there is no relief in sight.

about 10 hours ago

Amazon Globalstar Talks Raise Questions For Project Kuiper And Valuation

Amazon Globalstar Talks Raise Questions For Project Kuiper And Valuation

about 10 hours ago