Amazon signs $11.57 billion deal for satellite firm Globalstar to challenge Starlink

Amazon signs $11.57 billion deal for satellite firm Globa... Amazon.com âEUR?'said âEUR?'on Tuesday âEUR‹it would acquire Globalstar âEUR?'in ⁠an $11.57 billion deal, ⁠bolstering âEUR‹its âEUR‹fledgling âEUR‹satellite âEUR?'business to take on bigger âEUR?'rival âEUR‹SpaceX's âEUR‹Starlink. (Reporting âEUR‹by âEUR?'Deborah Sophia in âEUR‹Bengaluru; âEUR‹E... Amazon.com âEUR?'said âEUR?'on Tuesday âEUR‹it would acquire Globalstar âEUR?'in ⁠an $11.57 billion deal, ⁠bolstering âEUR‹its âEUR‹fledgling âEUR‹satellite âEUR?'business to take on bigger âEUR?'rival âEUR‹SpaceX's âEUR‹Starlink. (Reporting âEUR‹by âEUR?'Deborah Sophia in âEUR‹Bengaluru; âEUR‹Editing by âEUR‹Sriraj âEUR?'Kalluvila âEUR‹and Leroy Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: April 14, 2026 | Source: Yahoo Finance