AMZN ▼ -9.8% - Amazon.com, Inc. $AMZN says its Leo satellite internet service remains on track to launch by the end of 2026. Expects to begin capitalizing certain production and launch costs in Q1 2027, later than previously anticipated. As a result, most Leo-related costs will continue to be recorded as expenses in Q4. Note: Amazon also agreed to acquire satellite operator Globalstar for approximately $11.5B earlier this year as it expands its satellite internet ambitions. 29-OCT-2026 05:53 PM ET