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Amazon.com (AMZN) Business News
Track Amazon.com in real time with a live news feed covering Amazon.com stock news, official press releases, company announcements, and an archive of historical Amazon.com news. ...more
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Amazon buys satellite operator Globalstar for $11B to challenge Elon Musk's Starlink
Amazon Declares War on StarLink: $11.5 Billion Globalstar Deal Ignites Space Internet Battle
Amazon Targets Continuous Connectivity With Globalstar Satellite Network Deal
Amazon to Buy Globalstar for $11.6 Billion
Amazon Rides on AI Services Revenue Expansion: What Lies Ahead?
Amazon and Apple vs. Starlink: Globalstar satellite acquisition comes with a big iPhone bonus
Should You Buy, Sell or Hold Amazon (AMZN) Stock at $245?
Amazon Could Explode Higher After Earnings
Amazon 'snaps at Starlink's heels' with acquisition of Globalstar
Amazon Stock Surges 20%: Can the Rally Survive Earnings?
Amazon buys satellite operator Globalstar for $11B to challenge Elon Musk's Starlink
12:38 PM | Tuesday | Apr 14, 2026
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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Amazon buys satellite operator Globalstar for $11B to challenge Elon Musk's Starlink
New York PostTech 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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Amazon Declares War on StarLink: $11.5 Billion Globalstar Deal Ignites Space Internet Battle
24/7 Wall StreetThe satellite connectivity race has shifted into high gear.
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Amazon Targets Continuous Connectivity With Globalstar Satellite Network Deal
PYMNTSAmazon plans to expand the capabilities of the Amazon Leo low Earth orbit satellite network by acquiring mobile satellite services operator Globalstar.
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Amazon to Buy Globalstar for $11.6 Billion
Bloomberg TechnologyAmazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink.
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Amazon Rides on AI Services Revenue Expansion: What Lies Ahead?
Zacks Investment ResearchAMZN rides on AI-fueled AWS surge as backlog hits $244B, but a $200B capex plan raises questions about margins and returns ahead.
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Amazon and Apple vs. Starlink: Globalstar satellite acquisition comes with a big iPhone bonus
GeekWireAmazon's deal for satellite operator Globalstar doesn't just bulk up Amazon Leo — it brings Apple along for the ride, with a long-term agreement to power iPhone and Apple Watch satellite features.
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Should You Buy, Sell or Hold Amazon (AMZN) Stock at $245?
24/7 Wall StreetAmazon (NASDAQ:AMZN | AMZN Price Prediction) carries a Hold-equivalent profile at $245.
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Amazon Could Explode Higher After Earnings
Seeking AlphaAmazon.com, Inc. broke out above key technical levels following a bullish Shareholder Letter highlighting AWS AI revenue, custom silicon, and capex transparency. AWS's AI revenue run rate has hit $15B, with the chips business surpassing $20B and AMZN management projecting AWS could reach $600B in annual sales by 2036. Management's capex commitment of $200B for 2026 is paired with clear monetization timelines, aiming for substantial medium- to long-term free cash flow surplus.
Amazon 'snaps at Starlink's heels' with acquisition of Globalstar
Proactive InvestorsAmazon.com Inc (NASDAQ:AMZN) has agreed to acquire Globalstar Inc (NASDAQ:GSAT) in a deal aimed at expanding its satellite telecommunications connectivity, including powering emergency features on Apple Inc (NASDAQ:AAPL) iPhones and Apple Watches. The acquisition will allow Amazon's low Earth orbit network, Amazon Leo, to add services that connect directly to mobile phones, enabling voice, text and data coverage beyond traditional cellular networks.
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Amazon Stock Surges 20%: Can the Rally Survive Earnings?
MarketBeatAfter months of frustration, Amazon.com Inc NASDAQ: AMZN is finally showing signs of life. Shares of the tech giant are currently trading around $240, up from $200 in the last week of March, marking a 20% rally in just a few weeks and the stock's best run in months.
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