Amazon and Shopify both want to own the future of AI-powered shopping, but they are betting on opposite visions of how that future works.
What's in the conviction list: Amazon, Huntington, Occidental, Burlington, Johnson Control. What's out: Tyson, ConocoPhillips, Golar, Loar, Air Products & Chemicals
While Wall Street analysts declared Amazon headed for bankruptcy and the stock cratered over 90%, one fund manager read a single line in the financials that changed his mind and kept buying.
The tech giant will help expand power generation at Constellation Energy's Calvert Cliffs plant and explore adding new reactors there.
Amazon reiterates a Buy rating as AI infrastructure capex rises to $220B by 2026, underpinned by robust contractual demand. Anthropic and OpenAI have committed over $225B in multi-year AWS and Trainium capacity, reducing utilization risk and supporting the investment thesis. AWS delivered 37% YoY revenue growth in Q2 with a 39.4% operating margin, demonstrating strong profitability amid heavy reinvestment.
Jeff Bezos, founder and now executive chairman of Amazon (NASDAQ: AMZN), sold $346 million worth of Amazon stock on August 3, 2026.
Some investors worry that AI agents pose a risk to Amazon, but a Rosenblatt analyst thinks the company “can navigate this period of transition largely unaffected.”
Despite Amazon (NASDAQ: AMZN) stock finding itself in a steady decline since early August, Wall Street analysts have, for the most part, retained their optimism for the technology and e-commerce giant.
AWS is growing faster and minting higher margins than almost any business Amazon has ever built, yet the stock sits well below what that trajectory implies.
Amazon's stock sits below its old peak, and most investors treat that gap as a warning. A closer look at what is actually driving the business suggests the market may be pricing a company that no longer exists.
Amazon is spending at a scale that makes most investors nervous, but the cash flow charts tell a story that has me adding to my position every quarter.
AWS is accelerating at its fastest pace in 18 quarters and sitting on nearly half a trillion dollars in contracted backlog, yet analyst earnings estimates for 2027 fall below 2026.