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AMZN
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- 1Amazon Stock Rises on Satellite Milestone for Starlink Rival▼AMZN Stock Gains On Hitting Satellite Milestone to Launch Starlink Internet Rival This Year
Amazon shares gained after the company hit a satellite milestone in its push to launch a broadband internet service rivaling SpaceX's Starlink this year. The stock movement reflects investor interest in Amazon's Project Kuiper constellation as a growing competitor in the satellite internet market.
- 2Amazon Stock Edges Up Premarket Ahead Of Earnings●AMZN Stock Rises Premarket Ahead Of Results: AWS, CapEx In Focus
Amazon shares rose in premarket trading on Thursday ahead of the company's quarterly results, due after the close. Investors are watching for growth in the AWS cloud division and for guidance on capital expenditure, particularly spending tied to artificial intelligence infrastructure, which has become a key driver of sentiment around the stock this year.