Starlink and Amazon May Bid in EU Mobile Satellite Spectrum Auction
📊 AMZN — Piyasa Yorumu
▲ up · 65%The report indicates that Amazon may participate in the US mobile satellite spectrum auction alongside Starlink. This could represent a strategic opportunity for Amazon's satellite internet project, Kuiper, and may have a positive impact on the stock. Technical indicators support this view: RSI at 63 is in neutral territory, MACD is above the signal line, and the price is trading above both the 20-day and 50-day moving averages. The 1.8% rise in the last 24 hours suggests positive short-term momentum. However, I refrain from giving high confidence due to the unconfirmed nature of the news and overall market conditions.
📊 GOOGL — Piyasa Yorumu
▲ up · 60%The news indicates that Alphabet could participate in the US mobile satellite spectrum auction alongside competitors such as Starlink and Amazon. This development may enhance the company's growth potential in the satellite internet sector and be perceived as a positive signal for investors. On the technical indicators, the RSI stands at 58.45, in neutral territory, while the MACD supports an upward trend above the signal line. The price is trading above the 20-day SMA but near the 50-day SMA, suggesting limited upside potential in the short term. Overall, given the positive impact of the news and the mildly bullish technical signals, an upward movement can be expected in the near term.