Delta Airlines Touts Amazon.com, Inc. (AMZN)’s in-Flight Wi-Fi Capabilities amid Starlink Tussle

Amazon.com, Inc. (NASDAQ:AMZN) is one of the best 52-week high stocks to invest in, according to short sellers. On May 18, Delta Air Lines CEO Ed Bastian defended the company’s decision to settle on Amazon.com Inc. (NASDAQ:AMZN) to provide in-flight Wi-Fi service in its airplanes.

Delta Airlines Touts Amazon.com, Inc. (AMZN) in-Flight Wi-Fi Capabilities amid Starlink Tussle

The airline settled on Amazon Leo service over SpaceX’s Starlink due to its lower costs and additional technology offerings. According to Bastian, Amazon offers more than just satellite technology, given the company’s strong retail capabilities, Amazon Prime, and Video gaming technologies. Currently, Starlink does not offer such capabilities.

In addition, Amazon Leo’s internet service offers much-improved bandwidth at a much lower price point than Starlink. Delta Air Lines is to install the Amazon internet service in 500 aircraft starting in 2028. Amazon is to offer customers high-speed, low-latency Wi-Fi from gate to gate.  The decisions have already rattled Elon Musk, who has criticized the move that bypassed Starlink.

On May 18, Jefferies analysts highlighted Amazon as one of their highest‑conviction Buy‑rated stocks, pointing to its AWS unit, which they believe may be entering an early reacceleration phase as new capacity comes online and AI partnerships enhance longer‑term visibility.

Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology and e-commerce corporation that operates a massive global marketplace. Beyond retail, it functions as a major cloud computing provider, produces original entertainment, and manufactures consumer electronics.

While we acknowledge the risk and potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMZN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 7 Best Small Cap Agriculture Stocks to Buy Now and 8 Best Gold Stocks Under $5.

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1