Globalstar's stock popped on a report that Amazon is in talks to buy the satellite communications company. The companies were still negotiating over some of the complexities of a deal following lengthy talks, the Financial Times reported.

In the closing of the recent trading day, Amazon (AMZN) stood at $210.57, denoting a +1.1% move from the preceding trading day.

Despite its achievements, Tesla has a history of overpromising and underdelivering. Amazon is expanding its robotaxi operations in Tesla's home turf.

Despite fears that huge U.S. tech deals might overwhelm Europe's bond market, the opposite happened. Investors snapped up the debt with minimal concessions, meaning Amazon and its peers borrowed at attractive rates even while issuing enormous volumes.

Major tech stocks are looking to extend the rally from yesterday, as there is talk of potential peace breaking out in the Middle East soon.

Amazon is the market-share leader in e-commerce and cloud computing. The company has multiple growth drivers and looks poised to be a long-term winner.

Bill Ackman landed his latest buy call with exceptional timing, with stocks gaining close to 3% in a session, just one day after he told the startled public that it's one of the best times to buy quality stocks.

Amazon.com and Cathie Wood's ARK Invest were among the backers for OpenAI's $122 billion funding round.