David Tepper's Appaloosa Management nearly doubled its Amazon shares in Q1 2026, making it his largest holding worth about $900 million. Tepper's bet focuses on Amazon's AWS cloud growth and custom silicon business, despite concerns over heavy AI infrastructure spending that weighed on Amazon's stock. While insiders and Berkshire Hathaway sold shares, Tepper sees long-term value in Amazon's $200 billion capital expenditure plan and accelerating AWS revenue. Investors should watch AWS growth and free cash flow recovery in 2027 to confirm Tepper's contrarian thesis.
Constellation Energy secured a 20-year power agreement with Amazon to support nuclear plant expansion, emphasizing AI-driven data center growth. Oracle is diversifying its AI customer base by leasing $7 billion in AI chips to Tencent, reducing relian...
Amazon Web Services released Strands Decider 2B, an open-source AI decision model designed to quickly and cost-effectively choose between pre-set options with confidence scores. Inspired by TypeSafe’s Jev, this model is small enough to run locally an...
Amazon shares, currently 14% below their 52-week high, are predicted to reach $400 by September 28, 2028, driven by strong growth in AWS and AI chip businesses. The upcoming Q3 2026 earnings report on October 28 will be crucial, with investors watchi...
Goldman Sachs analyst Eric Sheridan reaffirmed a 'Buy' rating for Amazon stock with a 12-month price target of $375, implying a potential 50.51% gain from the current price of around $249.15. This bullish outlook is based on Amazon's strong revenue g...
Amazon introduced the Kindle Click, a $34.99 compact Bluetooth remote that allows users to turn pages on their Kindle without touching the screen. This accessory targets common user frustrations by enabling page turns in situations where touching the...
