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Amazon is eyeing a major expansion of its satellite array to compete in the direct-to-phone market against the SpaceX-owned Starlink and others. Amazon stock ticked higher Monday. The Seattle-based tech giant has filed an application with the Federal Communications Commission to launch 5,105 low Earth orbit satellites designed to deliver "direct-to-device" connectivity in 2028, according to a company blog post.

Investing.com -- Amazon.com Inc. has asked the US Federal Communications Commission for permission to launch a network of 5,000 satellites designed to provide mobile services directly to cell phones from space. The move intensifies competition with SpaceX in the satellite communications sector.

Amazon's Leo satellite business has signed Apple, Delta, and JetBlue. AMZN stock is getting almost no credit for it.

AST SpaceMobile didn't stumble on Friday, but that hardly mattered when the biggest name in space decided to go public.

AT&T, T-Mobile and Verizon announced a wireless joint venture focused on using satellite-based, direct-to-device technology.

Globalstar (GSAT) delivered earnings and revenue surprises of -966.67% and -0.81%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Amazon.com (NASDAQ:AMZN) executives highlighted accelerating growth in AWS, record operating margins, and continued heavy investment in AI infrastructure and satellites during the company’s first-quarter 2026 earnings call on April 29. Quarterly results and profitability CEO Andy Jassy said Amazon