Bloomberg's Caroline Hyde and Ed Ludlow discuss Amazon's plan to buy satellite operator Globalstar in a $11.6 billion deal. Plus, Lucid's New Incoming CEO Silvio Napoli discusses the company's fresh i
Amazon.com Inc (NASDAQ:AMZN)'s agreement to acquire Amazon.com Inc.'s satellite partner Globalstar Inc for about $12.5 billion is a strategically “long-duration” move that strengthens its direct-
Dow Jones retail giant Amazon and Alphabet are approaching new buy points as the stock market continues to rally.
Amazon.com and Apple's latest partnership showcases each company's individual strengths—and puts them both in better competitive positions.

Why Amazon Stock Just Popped

02:58pm, Tuesday, 14'th Apr 2026
Amazon will buy all of Globalstar's shares for $90 each. In return, Amazon receives instant DTC capability for its Amazon Leo satellite internet service.
Amazon recently announced its acquisition of Globalstar for over $11.5 billion, or roughly $90 per share. Amazon has been attempting to build a low-Earth orbit satellite network but has fallen behind

Amazon Faces Tough Questions After Worker Death

02:42pm, Tuesday, 14'th Apr 2026
Amazon (AMZN) is back in the spotlight, and this time, it's not about growth or AI; it's about safety.An employee at one of Amazon's fulfillment centers in Trou

Polls show AI sentiment is waning in the U.S.

02:35pm, Tuesday, 14'th Apr 2026
CNBC's Kate Rooney reports on news regarding the backlash to AI data centers.

Amazon Stock Pops on Double Satellite Win

02:26pm, Tuesday, 14'th Apr 2026
Amazon (AMZN) shares rose about 4% on Tuesday after the company said it plans to acquire Globalstar and expand its low Earth orbit satellite network to offer di
Amazon.com, Inc.'s $11.6 billion acquisition of Globalstar highlights surging demand for space-focused telecom, boosting XTL, where GSAT is the largest holding. I maintain a buy rating on the State St
Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is up 5% today, rising from $239.89 to $252, after the company announced a blockbuster $11.57 billion acquisition of Globalstar (NASDAQ:GSAT).
The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk's Starlink.
Amazon's $11.6 billion deal to buy Globalstar ​bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of ‌rocket launches needed to build out a
ASML reported solid 4Q25 results and record bookings due to strong AI demand for DRAM and advanced logic, and FY2026 guidance is above consensus. Adyen reported December quarter results slightly below
Tech companies are pouring in billions of dollars to capture the lucrative market for satellite-based connectivity, but it will be a tall order to match Starlink's 10,000-unit-strong network.
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