Episode Details
Back to Episodes
Amazon to Buy Globalstar; Bloom Energy Gains After Oracle Pact; American Airlines Shares Rise on Tie-Up Pitch
Published 2 weeks, 4 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Amazon.com (AMZN) agreed to acquire satellite operator Globalstar Inc. in a roughly $11.6 billion deal that would boost the tech giant’s efforts to build its own satellite operation.
- Bloom Energy (BE) shares gain after the fuel cell company expanded its partnership with Oracle to support rapid buildout of AI and cloud computing infrastructure.
- American Airlines Group (AAL) shares gain after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines.
See omnystudio.com/listener for privacy information.