Amazon announced Tuesday an agreement to acquire satellite company Globalstar for $11.57 billion to expand its satellite business, as it aims to compete with SpaceX’s Starlink business. Globalstar ...

Globalstar (GSAT) shares jumped on Friday after it was reported that Amazon (AMZN) was in talks to acquire the company and boost its internet satellite offering to compete with SpaceX (SPACE). And ...

Amazon has announced the $11.57 billion acquisition of satellite operator Globalstar, thus upping the game in the whole Musk-Bezos space race. By absorbing Globalstar’s established orbital ...

Most fund managers tell you what they own once a quarter, after the trades are stale and the price has already caught up to their thesis. Cathie Wood does it differently. The chief executive of ARK ...

Amazon’s deal with Globalstar includes a long-term agreement with Apple to use its Leo satellites to support iPhone and Apple Watch services such as emergency texting, messaging and roadside ...

AMZN beat Q1 EPS by 68% yet sits 12% below its 52-week high, giving our model a BUY with 38% upside. Amazon's $364 billion AWS backlog and $225 billion in Trainium commitments support a bull case ...

Amazon’s (NASDAQ:AMZN) setup heading into July 30 earnings looks compelling. The company trades at roughly the same multiple as the S&P 500, yet the business is compounding across four segments at ...

Like all walled garden giants, Amazon wants to be a one-stop shop for advertising. But, behind the scenes, it quietly relies on third parties to sell some inventory on owned-and-operated properties, ...

Meta's EPS miss reflects $2.4 billion in one-time legal charges, not ad weakness, while Amazon's AWS hit 37% growth, and both stocks screen as attractive. Apple's nine-quarter beat streak triggered a ...