Amazon Shares Rise On JetBlue Deal Bringing Satellite Internet To Aircraft

Benzinga

Amazon shares rose Thursday after the company announced a partnership with JetBlue Airways, according to Benzinga. Amazon’s Blue Origin unit will provide satellite internet to JetBlue aircraft under Project Kuiper, potentially improving in-flight Wi-Fi. The rally also comes as Amazon pushes further into AI, with reports of its upcoming Quick Suite software aimed at competing with Google and Microsoft in the workspace market. Concerns linger after the company’s extended Prime Day event delivered record sales but fell short of internal Prime membership growth goals by 193,000 sign-ups. Shares closed Thursday up 4.29% at $235.18.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Amazon shares rose Thursday after a company announced the partnership with JetBlue Airways

00:06according to Benzinga. Amazon's Blue Origin unit will provide satellite internet to JetBlue

00:10aircraft under Project Kuiper, potentially improving in-flight Wi-Fi. Rally also comes

00:15as Amazon pushes further into AI, the reports of its upcoming Quicksuite software aimed to

00:20competing with Google and Microsoft in the workspace market. It starts linger after the

00:24company's extended Prime Day event delivered record sales that fell short of internal Prime

00:29membership growth goals by 193,000 sign-ups. Shares closed Thursday up 4.29%, $235.18.

00:37For all things money, visit Benzinga.com.

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