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Apple invests $1.5 billion to increase its stake in satellite communications, resulting in Globalstar's stock skyrocketing nearly 40%.
1. USA low-orbit satellite communication company globalstar received a $1.5 billion investment from Apple, including $0.4 billion in equity acquisition and $1.1 billion in infrastructure prepayment; 2. The funds will be used to purchase new satellites and upgrade ground infrastructure, and globalstar will continue to provide Apple with approximately 85% of satellite internet transmission capacity; 3. The profitability of mobile satellite services is a problem, and Apple's free period for the emergency SOS service has been extended to 2025.
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Betting on AI boosts market confidence! amazon's Q3 cloud computing business is growing rapidly, with the stock price aiming for a historical high.
As one of Amazon's core businesses, AWS Cloud Computing's Q3 revenue reached $27.452 billion, hitting a historical high. The year-on-year growth rate has been accelerating for five consecutive quarters. The operating margin of the AWS division has increased from 35.5% to 38.1%, reaching the highest level for Amazon since 2014.