Amazon.com Inc. (NASDAQ:AMZN) is likely one of the finest blue chip shares to purchase for the long run. On March 2, Amazon Leo, Amazon.com Inc.’s (NASDAQ:AMZN) low Earth orbit satellite tv for pc broadband community, signed an settlement with Vodafone and its African subsidiary Vodacom to attach 4G and 5G cell masts in distant areas throughout Europe and Africa. The announcement was made at Cell World Congress in Barcelona.
The deal permits Vodafone to deploy cell base stations in hard-to-reach areas with out laying pricey fiber or mounted wi-fi hyperlinks again to its core community. As an alternative, it’s going to use Amazon Leo’s satellite tv for pc backhaul to ship speeds of as much as 1 Gbps obtain and 400 Mbps add.
Past increasing attain, Vodafone will even use Amazon Leo to spice up community resilience. This manner, the telecom large will be capable to maintain emergency and demanding providers on-line within the occasion that fiber hyperlinks connecting cell masts are severed. The rollout begins in Germany earlier than increasing to different European markets. Afterwards, Amazon Leo shall be deployed progressively throughout Africa via Vodacom. Each firms count on the primary linked cell websites to go stay in 2026.
Individually, on March 1, Wolfe Analysis maintained an Outperform ranking on Amazon with a $250 value goal. The agency argued that Wall Avenue is considerably underestimating the business worth of Amazon’s partnership with Anthropic. Wolfe tasks the partnership will contribute $25 billion in Amazon Net Companies (AWS) income by 2027, up from roughly $3.9 billion in 2025.
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Amazon.com Inc. (NASDAQ:AMZN) operates a world e-commerce platform that sells a variety of shopper merchandise and digital content material, whereas additionally offering third-party market providers. The corporate’s main enterprise segments embrace on-line retail, cloud computing via AWS, subscription providers comparable to Prime, and promoting.
Whereas we acknowledge the potential of AMZN as an funding, we consider sure AI shares provide better upside potential and carry much less draw back threat. When you’re in search of an especially undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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