NASDAQ 100 RALLIES ON TECH GAINS, AMAZON-GLOBALSTAR DEAL

INDUSTRY DESK■ 1 MIN READ

TUE, APR 14, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Tech stocks surged as the Nasdaq 100 heads toward its best performance in years. Amazon's announced $11.6 billion acquisition of satellite operator Globalstar fueled investor optimism in the sector.

The tech-heavy index climbed higher on strong market sentiment, with the acquisition signaling Amazon's expansion into satellite communications infrastructure. The deal positions the company to enhance connectivity services and broadband capabilities through Globalstar's existing network. Lei Qiu, head of thematic innovation equities at AllianceBernstein, noted the broader implications for the tech sector's growth trajectory. The rally reflects renewed investor confidence in technology stocks after a period of volatility. Amazon's move into satellite operations adds to a wave of major tech investments, with companies competing to build out next-generation infrastructure. The acquisition underscores the strategic importance of connectivity and space-based technology in the competitive tech landscape. The Nasdaq 100's current performance marks a notable rebound for the sector, driven by a combination of strong earnings, strategic acquisitions, and renewed growth expectations among institutional investors.

■ SOURCES

► Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE BIG TECH DESK

P143SPACEX IPO SIGNALS SHIFT IN AI INFRASTRUCTURE RACE

SpaceX's anticipated initial public offering marks a pivotal moment for space-based infrastructure as companies race to build out AI computational networks. Industry experts gathered on Bloomberg Television to discuss implications for the broader tech investment landscape.

1H AGO— AI Desk

P141WAYFAIR DEPLOYS AI TO RESHAPE E-COMMERCE

Furniture and home goods retailer Wayfair is integrating artificial intelligence across its platform to enhance customer experience and streamline internal operations. CFO Kate Gulliver outlined the strategy in a recent Bloomberg interview.

1H AGO— AI Desk

P138TEXAS ACTIVISTS FIGHT DATA CENTER BOOM

Despite Texas's pro-business reputation, local groups are mobilizing to block AI data center projects as global investors pour billions into infrastructure expansion.

5H AGO— Industry Desk

P126X TO ALERT USERS WHEN ENGAGED POSTS GET FACT-CHECKED

X will send direct messages to users when posts they've liked, replied to, or reposted receive Community Notes corrections. The feature aims to make the platform's crowdsourced fact-checking system more visible and timely.

6H AGO— Industry Desk

◄ BACK TO NEWS

NASDAQ 100 RALLIES ON TECH GAINS, AMAZON-GLOBALSTAR DEAL

■ MORE FROM THE BIG TECH DESK

■ SUBSCRIBE TO THE DAILY BRIEF