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SPECTRUM TV APP TO LAUNCH ON AMAZON FIRE TV DEVICES ON APRIL 15
Prnewswire· 2026-03-31 15:00
SPECTRUM TV APP TO LAUNCH ON AMAZON FIRE TV DEVICES ON APRIL 15 Accessibility StatementSkip Navigation Once launched, Spectrum Video customers can install the Spectrum TV App on their Fire TV device and seamlessly log in to the app without credentials while inside their home. The Spectrum TV App will be available on Amazon Fire TV devices running Fire OS 6+ or Vega OS, including the Fire TV 4K Select, Fire TV 4K Max, Fire TV Omni QLED Series, Hisense U6, TCL QM64L Series, and Panasonic Z95B. Key Takeawa ...
Chasing Starlink, Amazon Leo strikes satellite Wi-Fi deal for future Delta flights
GeekWire· 2026-03-31 14:33
Core Insights - Amazon Leo has secured a significant partnership with Delta Air Lines to provide satellite-powered in-flight Wi-Fi on 500 aircraft starting in 2028 [4][5] - This deal positions Amazon Leo to compete more effectively against SpaceX's Starlink, which has a larger satellite fleet and established customer base [5][6] Company Developments - Amazon Leo currently has approximately 200 satellites in orbit, while Starlink operates over 10,000 satellites and has more than 10 million subscribers [5] - The service is expected to deliver internet speeds three to five times faster than Delta's current offerings, with each aircraft equipped for download speeds up to 1 Gbps [6] Strategic Partnerships - Delta chose Amazon Leo partly due to its existing relationship with Amazon Web Services (AWS), which supports various internal systems for Delta [7] - JetBlue was the first airline to sign on for in-flight Wi-Fi through Amazon's satellite network, indicating early interest from the airline industry [10] Financial Commitment - Amazon has invested over $10 billion in the Leo satellite initiative and has requested a two-year extension from the FCC to deploy half of its planned 3,232 satellites [8]
'Project Hail Mary' is the box office proof point Amazon MGM has been waiting for
CNBC· 2026-03-31 14:33
Group 1: Core Insights - "Project Hail Mary" has generated over $300 million globally, marking the best performance for an Amazon MGM film to date [1] - The film represents Amazon MGM's first domestic box office earner exceeding $100 million, indicating a significant milestone for the distributor [2] - The film has shown remarkable box office stability, with only a 32% drop in U.S. ticket sales from its first to second weekend and a mere 5% decline internationally, contrasting with typical Hollywood blockbusters that see a 50% to 70% drop [3] Group 2: Industry Context - The success of "Project Hail Mary" contributes to a year-over-year increase in domestic box office numbers, with the total reaching $1.75 billion this year, up 23% from the same period last year [4] - Amazon and MGM's commitment to invest around $1 billion annually in theatrical releases aims to produce 12 to 15 films each year, addressing the shrinking number of wide releases in Hollywood [5][6] - The consolidation of studios, such as the merger between Disney and 21st Century Fox, has resulted in a loss of 10 to 15 film releases annually, raising concerns about future theatrical output [7][8] Group 3: Future Outlook - Amazon's upcoming film slate includes diverse offerings like "The Sheep Detectives," "Masters of the Universe," and "Verity," which may attract built-in fanbases [9] - The success of "Project Hail Mary" sets a new standard for Amazon MGM, showcasing the potential for revitalizing the cinema experience amid industry challenges [10]
Amazon's satellite business gets another win as it seeks to challenge Musk's Starlink
MarketWatch· 2026-03-31 14:02
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]
As US tech stocks fall on AI and war, do valuations make them attractive?
Invezz· 2026-03-31 14:02
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]
Amazon, Delta team up for in-flight Wi-Fi, challenging Musk's Starlink
Reuters· 2026-03-31 11:13
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]
Delta to Tap Amazon Satellite-Internet Service for In-Flight Wi-Fi
WSJ· 2026-03-31 11:00
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. ...
Delta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat up
CNBC· 2026-03-31 11:00
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 ...
GSP Plans Expanded Drill Campaign and Highlights Recent Exploration Success at the Combined Alwin-Mer Properties, Highland Valley Copper Camp, BC
Thenewswire· 2026-03-31 11:00
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 ...
Is Warren Buffett Invested in Amazon?
Yahoo Finance· 2026-03-31 10:48
Core Viewpoint - Warren Buffett, historically skeptical of technology stocks, has invested in Amazon, though the decision was made by Berkshire Hathaway's investment managers rather than Buffett himself [2][3]. Group 1: Investment Details - Berkshire Hathaway initiated a position in Amazon in 2019, surprising many due to Buffett's previous avoidance of tech companies [2]. - As of the quarter ended September 30, 2025, Berkshire holds approximately 10,000,000 shares of Amazon, unchanged from the prior quarter [4]. Group 2: Reasons for Investment - Amazon possesses a strong competitive moat, characterized by its extensive logistics network, scale advantages, and customer loyalty, making it difficult for competitors to replicate [6]. - Amazon's management philosophy aligns with Berkshire's investment style, focusing on long-term value creation and reinvesting profits into infrastructure and innovation [7].