Goldman Sachs endorsed Amazon stock purchases following Amazon's acquisition of Globalstar and its successful deals with the US government.

The entities involved

• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10
• Goldman Sachs →

  American investment bank

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
• AST SpaceMobile →

  American satellite manufacturer

  • SpaceX launched satellites for AST SpaceMobile from Cape Canaveral.Mon 05:25
  • AST SpaceMobile is conducting satellite deployment tests utilizing a Falcon 9 rocket.Mon 03:31

Related events

• AST SpaceMobile is expanding its market reach, targeting subscriber bases in the US, Japan, and Europe, while Amazon develops a rival satellite internet constellation.Jun 18
• Satellite companies like Starlink, AST SpaceMobile, and Viasat are expanding their services, leveraging ground stations in Singapore and pushing into Direct-to-Device connectivity.Jun 7
• AST SpaceMobile, SpaceX, and L3Harris are all exposed to the competitive and volatile space industry, with AST SpaceMobile shares dropping since the SpaceX IPO.Sep 7
• United Airlines is acquiring Boeing subsidiaries and aircraft, while AST SpaceMobile secures equity stakes from Vodafone, AT&T, Verizon, and Bell Canada.Aug 25
• AST SpaceMobile, Starlink, EchoStar, and SpaceX have formed partnerships to share market space and achieve market leadership in satellite services.Sep 7