Amazon’s Quiet $10B Bet on Satellite Internet — and Why It Could Power Amazon Stock Higher
A combination of infrastructure leverage and services revenue is exactly the kind of optionality Wall Street tends to reward with higher valuations.
| Ticker |
AMZN
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| CIK | 0001018724 |
| SIC | 5961 |
| Sector | Retail Trade |
| Industry Category | Retail |
| Industry Group | Retail – Non-Store Retailers (Catalogs, Etc.) |
| Address | 410 TERRY AVENUE NORTH, SEATTLE, WA, 98109 |
| Website | amazon.com |
| Phone | 2062661000 |
| CEO | Andrew R. Jassy |
| Employees | 1,541,000 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Amazon’s Quiet $10B Bet on Satellite Internet — and Why It Could Power Amazon Stock HigherA combination of infrastructure leverage and services revenue is exactly the kind of optionality Wall Street tends to reward with higher valuations. Meta vs. Amazon: Which Underperforming "Magnificent Seven" Stock Will Rebound More in 2026?Meta Platforms and Amazon can be big winners in 2026 after underperforming this year. Dow, S&P 500 Notch New Highs; Oracle Selloff Weighs on Tech SectorThe Dow Jones Industrial Average and the S&P 500 hit fresh peaks on Thursday, while a post-earnings Elon Musk celebrates victory over $45 billion rivalThe techies are at it again on social media. Autonomous driving is expected to be a trillion-dollar industry within the next decade, so everyone from Amazon to Alphabet to Tesla is fighting to become the driver of the next revolution in transportation. 20 million Tesla vehicles delivered10 ... What Is One of the Best Tech Stocks to Hold for the Next 10 Years?This top stock is trading at its lowest valuation in years. |