45 stories found
Executives and board members from a range of publicly traded companies, including Lyft, Globalstar, and Remitly, recently sold portions of their company stock. These transactions represent standard insider trading filings disclosed over the reporting period.
Rocket Lab's satellite platforms, built for MDA Space, have successfully reached orbit, providing crucial support for Globalstar's direct-to-device communications services.
AMC and Iridium Communications are leading mid-cap communication services stocks with top momentum scores, while Globalstar and Roku are showing strong momentum among large-cap communication services stocks. These companies are demonstrating significant market strength in their respective categories.
Amazon's strategic plans with satellite operator Globalstar are highlighted, intensifying the competition in satellite communication. The article also explores the implications of this development for Apple.
Amazon is acquiring Globalstar, a move that is expected to have significant implications for direct-to-device (D2D) satellite services.
The article discusses the market reaction and investment implications for Globalstar stock following Amazon's announcement of an acquisition.
Amazon has announced its acquisition of satellite communications company Globalstar for over $11 billion, a move aimed at expanding its satellite internet service and intensifying its rivalry with Elon Musk's Starlink. Analysts are debating the deal's impact on Amazon's rocket launch capabilities.
Amazon's $11.57 billion acquisition involving Globalstar has led to significant stock rises for both companies and is seen as intensifying competition in the satellite industry with SpaceX.
Amazon is reportedly set to acquire satellite firm Globalstar in an $11.57 billion deal, aiming to compete with rivals like Elon Musk's Starlink in the satellite internet market.
Analysts are speculating whether Amazon's potential acquisition of the satellite communications company Globalstar could significantly boost Amazon's stock value.
Shares of satellite communications company Globalstar jumped over 15% following reports that Amazon is in discussions to acquire the Apple-backed firm. The potential acquisition could significantly impact the satellite communications market.
Amazon is reportedly in talks to acquire satellite firm Globalstar in a multi-billion dollar deal, aiming to directly compete with SpaceX's Starlink in the satellite internet market, which has caused Globalstar shares to soar.
The U.S. Food and Drug Administration has approved Eli Lilly's new oral GLP-1 weight loss pill, Foundayo, offering a convenient alternative to injections and expanding market options while intensifying competition with Novo Nordisk's Wegovy.
An analysis is underway to determine if Globalstar stock is a worthwhile investment following Greenhouse Funds' acquisition of over 75,000 additional shares.
Globalstar (GSAT) has released the transcript of its Q4 2025 earnings call, detailing the company's financial performance.
Benjamin Wolff, a director at Globalstar, has sold $1.64 million worth of GSAT stock.
Globalstar confirmed the successful launch of all eight HIBLEO-4 replacement satellites, which were developed by MDA Space. This launch marks a significant step in upgrading Globalstar's satellite constellation.
This collection of articles provides investment analysis on a variety of stocks, including comparisons between pipeline companies like Enbridge and Oneok, and evaluations of individual companies such as Mastercard, Nike, Grab Holdings, Crocs, Salesforce, Bandwidth, Maplebear, Genesis Energy, and Birkenstock.
Amazon has acquired Globalstar for $11.57 billion, gaining key spectrum access and planning direct-to-device satellite connectivity to compete with Elon Musk's Starlink.
Amazon has announced its acquisition of satellite communications company Globalstar for approximately $11.5 billion. This strategic move is expected to significantly ramp up Amazon's presence in the space industry and intensify its rivalry with Elon Musk's Starlink.
Amazon's stock is currently considered overbought, with its valuation potentially influenced by the recent Globalstar deal. Analysts are questioning whether a pullback in the stock price is imminent given these market conditions.
Amazon's shares saw an increase after the company's $11.6 billion deal with Globalstar was announced, fueling its ambitions in the satellite internet sector.
Amazon has signed an $11.57 billion deal to acquire satellite firm Globalstar, a move seen as an effort to expand its satellite capabilities and compete with rivals like SpaceX's Starlink.
Jim Cramer revealed why he had ignored Globalstar for several years, offering insights into his past investment decisions regarding the satellite communications company.
Analysts are speculating about the potential implications for Apple's business and market position if Amazon were to acquire Globalstar.
Globalstar's stock experienced a significant pop today, driven by market activity and investor interest.
Amazon is reportedly considering a strategic $9 billion deal with Globalstar to further its ambitions in satellite internet for its Project Kuiper initiative, aiming to rival SpaceX's Starlink.
Globalstar shares rallied 15% following reports indicating ongoing deal talks with Amazon, with new reports suggesting Amazon is seeking Globalstar satellites in a potential $9 billion deal.
Globalstar announced its GAAP EPS for the quarter at -$0.11, missing estimates by $0.07, while revenue reached $71.96M, surpassing expectations by $1.32M.
SpaceX successfully launched two rockets just 38 minutes apart, demonstrating a rapid turnaround capability. This achievement highlights the company's increasing operational efficiency in space launches.
Amazon is requesting federal approval to launch 5,105 satellites as part of its plan to establish a direct-to-device network, which will partially utilize assets from Globalstar.
Several companies across various sectors have released their financial forecasts and guidance for 2026. These projections detail expected revenues, adjusted EBITDA, and other key performance metrics for the upcoming fiscal year.
Amazon.com, Inc. is enhancing its satellite service capabilities through a new deal with Globalstar, bolstering its prospects in the satellite communications sector.
Amazon's acquisition of Globalstar is viewed as a significant move, indicating the company's strong commitment to space and potentially positioning its Project Kuiper (Leo) to become a major satellite powerhouse.
Amazon is reportedly set to acquire the satellite company Globalstar in a deal valued at $11.57 billion.
The stock price for Globalstar saw a notable increase today, prompting analysis into the reasons behind its sudden market performance.
Amazon has agreed to acquire satellite communications company Globalstar for approximately $11.6 billion. This acquisition aims to bolster Amazon's low-Earth orbit satellite business and challenge Elon Musk's Starlink, with a deal also noted to provide satellite services for Apple's iPhone and Watch.
Amazon's stock gained 5% following a positive shareholder letter, a deal with Globalstar, and the announcement of $15 billion in AWS AI revenue.
Speculation about Amazon considering an acquisition of Globalstar has led to discussions on whether investors should buy GSAT stock.
An analysis questions whether investors should pursue the recent rally in Globalstar stock, which has been significantly influenced by developments related to Amazon.
Amazon is reportedly negotiating to acquire satellite company Globalstar for $9 billion, a move that would advance its low Earth orbit ambitions. A significant aspect of the deal involves Apple's 20% stake in Globalstar, requiring Amazon to engage in discussions with the tech giant.
Globalstar shares rallied significantly following reports that Amazon is in buyout talks with the satellite communications company, indicating potential acquisition interest.
Globalstar is drawing significant investor interest as satellite networks increasingly extend connectivity beyond traditional cellular coverage, highlighting the growing demand for alternative communication solutions.
A fund has sold $23 million in Globalstar stock after the company's shares surged 170% in one year.