Amazon Looks to Space
View original at nasdaq.com“We're going to talk about RH, what used to be Restoration Hardware, and its struggles, following up from yesterday's discussion about Nike.”
What we drew from this source
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60% confidenceAmazon's space business is extremely early stage, like watching pitcher warmup before the game even starts
60% confidenceRH's problems are closer to 50/50 split between market and company issues, with management continuing to invest heavily despite weak current results
60% confidenceAcquiring Globalstar's spectrum licenses would speed up Amazon's timeline because spectrum licensing requires years of navigating regulation across 120+ countries and cannot be expedited with money alone
60% confidenceRH management has cried wolf too many times by routinely giving guidance that things will be bad but will pick up in a couple quarters, and investors aren't buying it anymore
60% confidenceThe housing market challenges weigh on RH, with people not moving to new homes or tapping home equity for furniture purchases due to interest rates, but 4% year-over-year revenue growth in this environment isn't terrible
60% confidenceRH expects Q1 2026 sales decline followed by modestly positive full-year guidance
60% confidenceOne Up on Wall Street explains how using your expertise in any field can be a valuable investing tool and inspires readers to want to invest
60% confidenceRH's struggles are 70% market-related and 30% company-specific issues
60% confidenceA single customer, likely Apple, accounts for 63% of Globalstar's 2025 revenue, and Apple owns 20% of Globalstar and 85% of its capacity
60% confidenceRH's aggressive investment strategy using debt and sale-leaseback creates a binary outcome - success leads to great returns given $2B market cap, but failure puts company in tough financial position
60% confidenceAmazon needs to scale its satellite build-out faster, with plans for 3,200 satellites versus StarLink's 10,000+ active satellites and Amazon's current 200
60% confidenceStock Advisor's total average return is 968% compared to 191% for the S&P 500 as of April 11, 2026
60% confidenceRH aims for $5.8 billion in revenue in 2030, up 70% from 2025 levels, with operating margins around 20% which could generate $1 billion in operating income
60% confidenceAmazon's space investments could provide competitive advantage for AWS by removing geographical constraints and allowing data movement without public Internet, which Microsoft and Alphabet cannot offer
60% confidence
Data points we hold from this source
| Apple Podcasts · ownership stake | 20 percent |
| SpaceX · satellite count | 10000 satellites |