Amazon $AMZN announced today it's building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County Cork, Ireland
This would be Amazon's first wholly-owned subsea cable project - CNBC
$RIG trades at 0.25x book versus the sector at 1.66x book as of the end of Q1…..crude is up 22% since the end of Q1.
$RIG is about to swing from slight loses to massive profits and operating leverage so long as oil stays above $70.
Stock’s breaking out.
Not investment advice.