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Global airlines' push to attract premium customers is making fast in-flight Wi-Fi an increasingly important perk, turning a once-patchy paid service into an emerging battleground between Elon Musk's Starlink and Jeff Bezos' Amazon Leo satellite network. Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline customers globally so far in 2026, after 22 in 2025 and eight in 2024, compared with three in 2022, according to Valour Consultancy, an aviation intelligence firm. Amazon, which is still building out its Leo satellite constellation, faces a potential setback after a Blue Origin rocket failure last month.
Investor Jim Chanos challenged the prevailing narrative comparing SpaceX‘s initial public offering (IPO) valuation to early tech giants like Amazon.com, Google, and Meta Platforms. Chanos took to X on Saturday to respond to a user, The_Real_Fly, stating SpaceX, OpenAI and...
This particular company offers investors safety and potential for explosive growth.
Earlier this week, Amazon announced a multiyear, multibillion-dollar agreement for Corning to supply optical fiber, cable, and connectivity components for its expanding U.S. data center infrastructure, alongside plans to add about 1,000 manufacturing jobs at Corning’s North Carolina facilities and expand a fiber technician training program. This partnership deepens Corning’s role in AI and cloud infrastructure buildouts, reinforcing its position in U.S.-based optical communications...
Amazon.com (NasdaqGS:AMZN) has signed a multibillion dollar fiber optics supply agreement with Corning. The deal focuses on expanding Amazon's U.S. data center infrastructure and supporting American manufacturing. The agreement includes workforce training initiatives linked to the build out of Amazon's cloud and AI infrastructure. For readers watching cloud and AI infrastructure, this move relates to how Amazon.com (NasdaqGS:AMZN) is building the physical backbone behind Amazon Web Services...
Zepto's advertising revenue jumped 151%, outpacing the company's 104% growth in operating revenue.
Investors chasing the AI trade through chipmakers may be overlooking the company that makes the fiber tying those chips together.
Such is life on Wall Street at the dawn of the artificial-intelligence build-out. Tech companies are hungry for cash to invest in data centers, and investors are forking it over through all possible means, in all parts of the globe—a flurry of fundraising that has mostly supported markets by powering technological advances, even as it tests their ability to absorb it all. Alphabet’s announcement that it would raise $85 billion of equity was just the latest example.
Every company gets one shot to redefine what it is. Most never take it. The ones that do tend to look unrecognizable a few years later, and the market either rewards the reinvention or punishes the nerve. The artificial intelligence (AI) boom has turned raw computing power into the most valuable ...
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 7.4% in the morning session after Amazon announced a multiyear, multibillion-dollar agreement with the company to supply optical fiber, cable, and connectivity solutions for its expanding U.S. data center infrastructure.
Amazon's AI push, sales outlook and diversified revenue streams stand out, while Bank of America and Roche navigate growth drivers and key risks.
Amazon signed a multibillion-dollar fiber supply deal with Corning.
Amazon and Corning expand U.S. fiber manufacturing with 1,000 new jobs planned.
(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri
Friday’s session broke a nine-week winning streak in the NASDAQ 100, with the index plunging hard enough to make investors wonder whether the AI-led rally in names like NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) had finally rolled over. Today, the bid is back. The NASDAQ 100 is up 2% to 29,589.50 and the Invesco QQQ Trust ... Is Today’s Tech Rally the Beginning of a Powerful Stock Market “Summer Melt-Up” That Will See Stocks Soar?
(Update with Amazon's response to a request for a comment in the last paragraph.) Amazon.com (AMZ
Nvidia says Vera will use SK Hynix DRAM as both companies prepare for a larger second half and next year.
SpaceX has completed 660 missions and reflown a booster 583 times. The company’s lead over its two main rivarls, Blue Origin and Rocket Lab, is enormous.
SHOP's Q1 2026 GMV hit $100.7B again as AI-driven traffic and orders surge, lifting revenues to $3.17B.
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio. On June 4, 2026, Amazon.com, Inc. (NASDAQ:AMZN) unveiled its next-generation Proteus autonomous robot as part of a €10 billion investment to modernize its European fulfillment network. The updated technology uses advanced AI to interpret natural-language commands from employees, eliminating […]
Amazon has deployed 1 million robots, mostly in the United States. Now it is investing heavily to expand robot use across fulfillment centers in Europe. The post Robots drive $10B Amazon investment for European fulfillment centers appeared first on FreightWaves.
Corning (NYSE:GLW) has entered a multiyear agreement to supply optical fiber and connectivity solutions for Amazon’s expanding U.S. data center infrastructure. The partnership includes the creation of 1,000 new U.S. manufacturing jobs tied to Corning’s data center related production. Corning and Amazon are also collaborating on a fiber optic technician training program to support the buildout of data center networks. For investors, this new Amazon agreement places Corning more firmly within...