Investment
Features
FeesSafety
Academy
More
Pluang+

Amazon launches satellite broadband service to challenge Starlink's space internet dominance.

Market News
24 Mar 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Amazon has aggressively entered the satellite broadband market with its Amazon Leo service, aiming to compete directly with SpaceX's Starlink. With over 200 satellites launched since April 2025 and plans for rapid expansion, Amazon targets underserved regions first, leveraging its strong retail presence and AWS cloud integration. The service focuses on enterprise customers with secure private networking and partnerships with major companies like AT&T and JetBlue. This intensifies competition in the growing space-based internet sector, where Starlink currently leads with over 10 million users and 11,500 satellites.

More News (AMZN)

Data centers to consume up to 16% of electricity by 2030, with solar+battery favored over natural gas.

Data centers to consume up to 16% of electricity by 2030, with solar+battery favored over natural gas.

The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...

Market News
Bullish
6 hours ago
Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

Hybrid robots market to hit $10B by 2030 driven by AI, smart manufacturing, and North America leadership

The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...

Market News
Bullish
7 hours ago
Electrovaya partners with Amazon to expand use of its Infinity Battery Technology in logistics and energy storage.

Electrovaya partners with Amazon to expand use of its Infinity Battery Technology in logistics and energy storage.

Electrovaya Inc. has announced a commercial agreement with Amazon to support the deployment of its Infinity Battery Technology in material handling operations, with potential expansion into robotics and energy storage applications. Amazon will receiv...

Market News
Bullish
8 hours ago
TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha launches TMGN ETF for tax-efficient income from top 10 tech giants in Cboe Magnificent 10 Index.

TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...

Others
Bullish
10 hours ago
Consumer services undervalued; Vanguard Consumer Discretionary ETF cheaper but matches XLY returns

Consumer services undervalued; Vanguard Consumer Discretionary ETF cheaper but matches XLY returns

Fred Piard highlights that consumer services stocks are notably undervalued yet maintain strong quality, while the auto and components sector remains unattractive fundamentally. The Vanguard Consumer Discretionary ETF is cheaper than the XLY ETF due ...

Market News
Neutral
23 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App