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Amazon weighs a deal to boost its satellite internet ambitions. Why it's worthy pursuit [MSNBC.com]
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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. Stocks are having a roller-coaster Thursday, the final trading day of the week because markets are closed Friday for Good Friday. Stocks fell sharply at the open after President Donald Trump's hawkish speech on the Iran war stoked escalation concerns and sent oil prices surging. But after the Morning Meeting ended, Iranian state media said that Iran is working with Oman on a protocol for ships passing through the Strait of Hormuz, which relieved some pressure on oil prices and helped stocks bounce well off their lows. The S & P 500 even briefly traded higher on the day. Jim Cramer said he's keeping an open mind in this frustrating and confusing market. "When our stocks are down badly, my instinct is to want to buy them because I like what we have," he said. Director of Portfolio Jeff Marks added, "[We're looking at stocks we like fo
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- Amazon is Considering a $9 Billion Deal to Acquire Satellite Communications Company Globalstar. Here's Why Amazon, Apple, and Tesla Investors Should Pay Attention. [Yahoo! Finance][Yahoo! Finance]
- March jobs report to show updated view of fragile labor market as war unfolded [Yahoo! Finance Canada][Yahoo! Finance Canada]
- March jobs report to show updated view of fragile labor market as war unfolded [Yahoo! Finance][Yahoo! Finance]
- Amazon tells sellers it's adding a 3.5% charge to offset rising fuel and logistics costs [Business Insider][Business Insider]
- Amazon to apply 3.5% fuel surcharge to third-party deliveries [Seeking Alpha][Seeking Alpha]
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