Chasing Starlink, Amazon Leo strikes satellite Wi-Fi deal for future Delta flights – GeekWire We use essential cookies to make our site work. With your consent, we may also use non-essential cookies to improve user experience, personalize advertisements, and analyze website traffic. For these reasons, we may share your site usage data with our social media, advertising, and analytics partners. By clicking "Accept,†you agree to our website's cookie use as described in our Cookie Policy. You can change ...

"Project Hail Mary" is setting records for Amazon MGM and lighting the path for a box-office revitalization.The science fiction flick, starring Ryan Gosling, has tallied more than $300 million globally since its theatrical opening two weeks ago. That marks the best performance for an Amazon MGM film ever."The runaway success of 'Project Hail Mary' represents a key turning point for Amazon MGM giving the distributor its first $100 million plus domestic box office earner," said Paul Dergarabedian, head of mar ...

Core Viewpoint - Delta Air Lines plans to equip hundreds of its aircraft with Amazon's emerging satellite-internet system [1] Company Summary - Delta Air Lines is taking a significant step towards enhancing in-flight connectivity by partnering with Amazon to implement satellite-internet technology [1] Industry Summary - The integration of satellite-internet systems in aviation is expected to improve passenger experience and operational efficiency within the airline industry [1]

Core Viewpoint - US megacap technology stocks are experiencing a significant valuation reset due to geopolitical tensions, rising yields, and concerns regarding artificial intelligence spending, leading to a challenging environment for the sector [1][4][8] Market Performance - The technology sector is facing its weakest quarter in about four years, with the S&P 500 expected to end the quarter in the red, largely driven by declines in technology stocks [2] - The Nasdaq Composite has fallen over 10% from recent highs, marking its first technical correction since April 2025 [5] Valuation Trends - The forward price-to-earnings ratio for the technology sector has decreased from 32 in late October to around 20, aligning closely with the broader market's multiple of 19.3 [11] - Notable stocks like Nvidia and Meta are trading at their lowest valuations in years, with Nvidia at just over 19 times forward earnings and Meta at around 17 times [12] Earnings Outlook - Despite the current downturn, technology companies are projected to deliver earnings growth of 43% in 2026, significantly outpacing the broader S&P 500's expected growth of 18.8% [13] - Some investors view the current market conditions as a potential entry point, with optimism about the long-term trajectory of the sector driven by the ongoing AI revolution [14] Investor Sentiment - Analysts suggest that the combination of lower valuations and strong earnings potential is keeping investors engaged with the technology sector, even amid geopolitical uncertainties [15]

Core Insights - Amazon's Leo satellite internet unit has signed a deal with Delta Air Lines to provide in-flight Wi-Fi on 500 planes starting in 2028, marking its second major partnership in the aviation sector as it competes with Elon Musk's Starlink [1][2][4] Group 1: Competitive Landscape - The partnership intensifies competition between Amazon's satellite internet service and Starlink, which currently leads in satellite deployment and global service [2] - Amazon previously secured a deal with JetBlue to provide Leo service on 25% of its fleet starting in 2027, while other airlines like Southwest have opted for Starlink [3] Group 2: Service Deployment and Investment - Amazon has committed at least $10 billion to its satellite internet initiative, having launched 214 satellites since April 2025, with plans to double its deployment rate through over 20 launches in the next year [5][7] - The commercial service is expected to begin in small regions and expand as the satellite constellation grows, with Amazon currently testing its service with businesses [6] Group 3: Strategic Partnerships - Delta chose Amazon's Leo service due to its existing partnership with Amazon Web Services, enhancing the airline's in-flight Wi-Fi offerings [6][7] - Delta has previously utilized satellite services from Viasat and Hughes across its fleet of approximately 1,200 planes, serving around 163 million members of its SkyMiles program [6]

Amazon's Leo service will start connecting a portion of Delta's fleet in 2028; Elon Musk's Starlink has become a dominant satellite connectivity provider to airlines. ...

The passenger cabin on a Delta Boeing 737-900ER is shown while landing in Salt Lake City, Utah.Delta Air Lines has tapped Amazon Leo to provide fast internet service on hundreds of jets starting in 2028, the latest salvo in airlines' in-flight Wi-Fi and streaming wars.Amazon Leo, which stands for low Earth orbit, is offering satellite Wi-Fi, which Delta says will initially be available on 500 of its aircraft. Delta will start with domestic-focused, narrow-body planes from Boeing and Airbus. The airline also ...

Vancouver, British Columbia – March 31, 2026 – TheNewswire -  GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”) announces the submission of a new 5-year multi-year area based (MYAB) permit application to the British Columbia Ministry of Mining and Critical Metals (“BC MMCM”) for the Alwin Mine Project. The Alwin Mine Project is currently permitted for drilling activities through an existing Mines Act Permit, and upon approval the new permit will allow for expanded drill test ...

For decades, Warren Buffett was famously skeptical of technology stocks. He often said he preferred businesses he could easily understand, like insurance, consumer brands and banks. That history makes one question particularly interesting for modern investors. Is Buffett invested in Amazon? The short answer is yes, but with some important nuance. Read Next: Self-Made Millionaires Suggest 5 Stocks You Should Never Sell Find Out: 6 Low-Risk Accounts Financially Savvy People Trust for Reliable Returns – And ...

Amazon (AMZN +0.81%) shares have fallen 20% from their high due in part to concerns about the company's plan to spend about $200 billion on capital expenditures this year. Also, recession fears have resurfaced because the U.S.-Iran war has pushed oil prices to a multiyear high. That has hurt consumer discretionary stocks like Amazon.However, Amazon shareholders recently got some great news about the company's artificial intelligence and robotaxi businesses. Here are the important details. Amazon expanded it ...