Amazon’s $12.5B Globalstar deal seen as long-term strategic bet, Jefferies says

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-to-device ambitions while requiring no meaningful near-term cash strain,

Dow up 284 points on gains in Amazon.com Inc., NVIDIA Corp. shares

Behind strong returns for shares of Amazon.com Inc. and NVIDIA Corp., the Dow Jones Industrial Average is trading up Tuesday morning. The Dow is trading 284 points, or 0.6%, higher, as shares of Amazon.

Amazon (AMZN) Intends to Revive Smartphones over Ten Years after the Fire Phone’s Failure

Amazon.com Inc. (NASDAQ:AMZN) is one of the Goldman Sachs AI Stocks: Top 12 Stocks to Buy. On March 20, 2026, Reuters reported that Amazon.com Inc. (NASDAQ:AMZN) is working on a new smartphone project codenamed “Transformer,

Amazon Is Considering Selling Its AI Chips to Other Companies

Amazon.com Inc. is considering selling its chips to other companies, Chief Executive Officer Andy Jassy said Thursday, adding that the cloud-computing giant’s in-house silicon unit is on pace to bring in more than $20 billion over the course of a year.
Biz New Orleans

Amazon to Acquire Louisiana-Based Globalstar and Expand Amazon Leo Satellite Network

Amazon's merger with Globalstar aims to expand its Leo satellite network, boosting connectivity across Louisiana and beyond.

Amazon.com, Inc. (AMZN) Advances AI and Satellite Expansion Plans

Amazon.com Inc. (NASDAQ:AMZN) is one of the best blue-chip AI stocks to buy now. On April 2, Reuters reported that Amazon.com Inc. (NASDAQ:AMZN) is in talks to acquire satellite telecom group Globalstar as it accelerates efforts to expand Project Kuiper,