April 21, 2026
“Amazon.com said on Tuesday it will acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to catch up with Elon Musk’s Starlink… Under the Amazon deal, the satellite firm’s shareholders can elect to receive… Continue Reading…
April 12, 2026
“Globalstar’s stock popped on a report that Amazon is in talks to buy the satellite communications company. The companies were still negotiating over some of the complexities of a deal following lengthy talks, the Financial Times reported. Amazon is building… Continue Reading…
April 12, 2026
“In late March and early April 2026, reports emerged that Intel is in advanced talks with Google and Amazon to provide advanced AI chip packaging using its EMIB and EMIB-T technologies, with production preparations underway at its Rio Rancho, New… Continue Reading…
February 19, 2026
“The Nasdaq saw a chopping week last week. Oracle (ORCL) gained 12% but every single Magnificent 7 company fell into negative territory year-to-date. Microsoft (MSFT) and Amazon (AMZN) are now in bear market territory. NVIDIA (NVDA) declined last week despite… Continue Reading…
August 7, 2024
“Amazon shares closed down about 8.7% on Friday, a day after the company reported mixed second-quarter results and gave a forecast for the third quarter that fell short of Wall Street’s expectations. Revenue in the second quarter rose 10% from a year earlier… Continue Reading…
April 5, 2024
“…Despite gaining 950% over the past decade, analysts at JPMorgan Chase still selected Amazon as their “best idea” in 2024, citing three reasons the company could create more shareholder value…” https://finance.yahoo.com/news/meet-newest-artificial-intelligence-ai-085500319.html
March 28, 2024
“…Shares of Astera Labs, which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. That gives Astera a market cap of close to $9.5 billion…” https://www.cnbc.com/2024/03/20/amazon-gets-boost-from-72percent-pop-in-ai-company-astera-labs-ipo.html The AI sector is… Continue Reading…
January 30, 2024
“Amazon said on Monday it would not move forward with a planned acquisition of vacuum-maker iRobot, with the two companies saying in a release there was “no path to regulatory approval for the deal.” The Roomba maker also announced it would lay off 31% of its… Continue Reading…
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