Anthropic signs $19B, 20-year lease for TeraWulf’s data center in Hancock County
Anthropic has signed a 20-year lease with TeraWulf for a new AI infrastructure campus in Hawesville, Kentucky, valued at approximately $19 billion. This facility, built on the former Century Aluminum site, will support 401 megawatts and is expected to begin operations in mid-2027, reaching full capacity by early 2028. The project will create 100-120 permanent jobs and addresses local concerns regarding power, water, and noise.
TD Cowen Names Chewy (CHWY) Its Top Smid-Cap Stock Idea for 2026
TD Cowen analyst William Kerr has named Chewy (CHWY) as the firm's top smid-cap stock idea for 2026, reiterating a Buy rating and a $34 price target. Kerr highlights several growth drivers for Chewy, including veterinary partnerships, an expanding advertising business, automation of fulfillment, the Chewy+ membership, and generative AI integration. The analyst also notes Chewy's attractive valuation and strong position in the growing online pet product market.
How Investors Are Reacting To Synchrony Financial (SYF) Elevating Carol Juel To Lead Its Digital Platform
Synchrony Financial recently reorganized its leadership, promoting Carol Juel to Executive Vice President and CEO of its Digital platform, in a move to strengthen its AI-driven technology agenda and digital partnerships. This comes as the company faces a forecast of declining earnings and increased attention on how these changes will impact loan growth and margins from key partners like Amazon and PayPal. The article also touches on analyst concerns regarding higher costs and weaker margins, suggesting investors consider various perspectives on Synchrony's future performance.
Jefferies Says Microsoft Stands Out in Strong Cloud Spending as Azure Gains Market Share. What This Means for MSFT Stock.
Jefferies has reiterated a "Buy" rating and a $675 price target for Microsoft (MSFT), highlighting its strong position in the booming cloud spending market. Microsoft's Azure cloud service is gaining market share, with revenue increasing 40% year-over-year in Q3 2026, positioning it second only to Amazon Web Services. Despite a recent stock pullback, analysts are overwhelmingly positive on MSFT, citing its financial strength, AI initiatives, strategic partnerships, and robust earnings growth, which suggest the stock may be undervalued.
Park Ha Biological Technology Co., Ltd. Announces Official Approval of Its North American Amazon Store, Launching a New Era of Brand Globalization
Park Ha Biological Technology Co., Ltd. has announced the official approval of its North American Amazon store, marking a significant step in its global expansion strategy. This achievement signifies Amazon's recognition of the company's brand strength and product competitiveness. The company plans to leverage Amazon's platform for global reach, adapting its product portfolio to North American consumer habits and enhancing its international brand exposure.
RXT Stock Rallies As AMD AI Deal Reshapes Outlook
Rackspace Technology Inc. (RXT) stock surged 15.3% following an agreement with AMD to deploy 30 MW of AI compute infrastructure for regulated enterprise and healthcare workloads from late 2026 to 2028. This strategic pivot towards governed enterprise AI has led RBC Capital and UBS to raise their price targets for RXT. The company also plans to cut 15% of its workforce, aiming for $75M–$85M in annual savings to reinvest in AI growth, signalling a clear roadmap for its future despite current financial pressures.
Walmart Named No. 1 in NRF's Top 100 Retailers
Walmart has once again been named the No. 1 retailer in the National Retail Federation's (NRF) Top 100 Retailers list for 2026, based on 2025 U.S. retail sales. Amazon secured the second spot, while Costco and Kroger ranked third and fourth, respectively. The report highlights Walmart's strong sales growth and e-commerce expansion, and notes shifts in the rankings outside the top two, including Ace Hardware replacing Dollar Tree in the top 20.
San Francisco video search startup raises $100 million from Amazon and VCs
San Francisco-based video search startup Twelve Labs Co. has raised $100 million in a Series B funding round from investors including Amazon.com Inc., NEA Management Co., and Naver Ventures. The Nvidia-backed company is developing AI models that can make video searchable and understandable, aiming to unlock value from vast archives of video data. Amazon's AWS will host Twelve Labs' workloads on Trainium chips, and the company plans to debut new models for AI application developers.
Morgan Stanley resumes Bath & Body Works stock coverage with Equalweight rating
Morgan Stanley has resumed coverage of Bath & Body Works Inc. (NYSE:BBWI) with an Equalweight rating and a $22.00 price target, citing limited visibility for durable revenue growth before 2027. The firm believes 2026-2027 EPS forecasts are largely fair, but is more bearish on the company's longer-term fundamental trajectory compared to Street consensus, with their 2028-2029 EPS estimates approximately 15% lower. This comes as Bath & Body Works recently reported strong Q1 2026 earnings, expanded with Ulta Beauty, and launched a new Fruit Fusion body care line on Amazon.
Macy's Inc outlook and strategy as a US department store group
Macy's Inc is navigating the evolving retail landscape by optimizing its store footprint, expanding digital capabilities, and adapting its brand positioning to remain competitive. The company focuses on enhancing profitability, investing in e-commerce, and tailoring its merchandise to meet changing consumer preferences in categories like apparel, beauty, and home goods. Macy's aims to balance promotional intensity with margin discipline, manage inventory efficiently, and leverage both physical stores and online platforms to offer a consistent omnichannel experience.
Vacuums recalled from Amazon, Walmart over fire risk: CPSC
More than 3,600 Rowenta cordless vacuum cleaners are being voluntarily recalled due to a fire risk from their lithium-ion batteries overheating and igniting. The recall affects models X-Force Flex 14.60 Animal and X-Force Flex 15.60 Animal, sold at various retailers and online platforms between July 2023 and January 2026. Consumers are advised to immediately stop using the vacuums, remove the battery, and visit the company's website for disposal instructions and recall registration.
Can Tesla Meet Musk's 2026 Unsupervised Robotaxi Target?
Tesla is expanding its robotaxi services, launching in Miami, Florida, after initial operations in Texas and California, moving towards Elon Musk's goal of widespread unsupervised robotaxis by the second half of 2026. While the company is making progress by expanding its network and operating without human monitors in some markets, it faces increasing competition from rivals like Waymo and Zoox. Despite past missed self-driving timelines, the coming months will be crucial for Tesla to demonstrate scalability and regulatory compliance for its autonomous driving technology.
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
Microsoft is laying off approximately 4,800 employees, or 2.1% of its workforce, joining a trend of AI-driven tech layoffs. This move comes as the company heavily invests in AI infrastructure and seeks efficiency, despite facing pressure to show returns on its massive AI outlays and its shares having a poor first half of 2026. The company is also considering strategic options, including a potential spinoff or restructuring, for its Xbox gaming unit which has seen declining profit margins.
Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
Microsoft is cutting approximately 4,800 jobs, or 2.1% of its workforce, as it heavily invests in AI infrastructure and seeks to improve efficiency. This move follows similar layoffs by Amazon and Meta Platforms, reflecting a broader trend in the tech industry as companies grapple with the high costs of AI development and pressure to show returns. Microsoft's shares experienced their worst first-half performance since 2022, and the company is also facing challenges in its Xbox gaming unit, including potential restructuring or a spinoff.
Microsoft launches $2.5B Frontier Co. unit as enterprise AI deployment race intensifies
Microsoft has established Frontier Co., a new $2.5 billion subsidiary with 6,000 employees, to specialize in enterprise AI implementation. This move intensifies competition in the enterprise AI sector, positioning Microsoft against companies like Amazon, OpenAI, and Anthropic, all of whom have recently launched similar "forward deployed engineering" initiatives. The goal is to help clients navigate AI model deployment and business process integration directly, indicating a shift in the AI market focus from models to implementation.
BBY - Best Buy Co Inc Volatility & Greeks
This article provides a detailed financial overview of Best Buy Co Inc (BBY), including its volatility, options Greeks, and various financial metrics. It covers market capitalization, income, sales, dividend information, key ratios like P/E and P/S, insider and institutional ownership, and performance over different periods. The data is as of July 6, 2026.
Walmart Has Nearly Doubled Since Its 3-for-1 Stock Split. Here's Where It Could Be in 5 Years.
Walmart announced a 3-for-1 stock split in February 2024, leading to a 91% stock increase since the record date. The company maintains dominance in retail, with significant growth in e-commerce, the Walmart+ subscription service, and digital ad sales. Despite strong performance and a solid growth outlook, the article suggests Walmart's stock might underperform the market in the next five years due to a stretched valuation.
Noah says AI’s value shift is rippling into power grids and data centers
Noah Holdings released its H2 2026 CIO Report, "The Year of Realization," emphasizing that AI's impact is shifting from a conceptual narrative to tangible value realization, influencing global asset repricing. The report introduces the Noah World Model and Noah Wealth Operating System. It highlights that the most significant opportunities related to AI may be in foundational infrastructure like power grids and data centers, rather than solely in AI companies themselves.
Morgan Stanley downgrades J.B. Hunt stock rating on valuation concerns By Investing.com
Morgan Stanley downgraded J.B. Hunt Transport Services (NASDAQ:JBHT) to Underweight from Equalweight, citing the stock's strong performance and record valuation multiple. Despite raising the price target to $200, the firm notes a high P/E ratio of 44.31 and suggests the company is overvalued. Analysts anticipate focus on JBT and DCS segments for insights into trucking industry tailwinds, ahead of the upcoming earnings report on July 15.
New York State Teachers Retirement System Sells 24,180 Shares of Walmart Inc. $WMT
New York State Teachers Retirement System reduced its stake in Walmart Inc. by 24,180 shares in Q1, retaining 3.5 million shares valued at $435.2 million, making it their 15th largest holding. Despite this trimming, Walmart remains a significant holding for many institutional investors, with a "Moderate Buy" consensus from analysts and a target price of $138.85. The company reported Q1 earnings that met expectations, with EPS of $0.66 and revenue of $177.75 billion.
Amazon.com, Inc. $AMZN Stock Holdings Raised by Louisbourg Investments Inc.
Louisbourg Investments Inc. has increased its stake in Amazon.com, Inc. by 14.1% in the first quarter, bringing its total holdings to 49,421 shares valued at approximately $10.3 million. This makes Amazon the fund's 9th largest position, highlighting the strong institutional interest in AMZN, with 72.2% of shares institutionally owned. The article also notes Amazon's recent earnings beat and positive analyst sentiment, with an average price target of $312.79.
Skylands Capital LLC Acquires 4,910 Shares of Amazon.com, Inc. $AMZN
Skylands Capital LLC increased its stake in Amazon.com, Inc. by 35.4% during the first quarter, purchasing an additional 4,910 shares to bring its total holding to 18,785 shares valued at approximately $3.9 million. This increase comes amid positive news for Amazon regarding its Leo satellite internet network, expansion of AI chip and AWS strategy, and strong Prime Day sales. Wall Street analysts maintain a bullish outlook on AMZN, with 57 analysts rating it a "Buy" and a consensus price target of $312.79, following the company's recent beat on earnings and revenue estimates.
Spectrum Asset Management Inc. NB CA Boosts Position in Amazon.com, Inc. $AMZN
Spectrum Asset Management Inc. NB CA significantly increased its holdings in Amazon.com (AMZN) by 145.8% in Q1, bringing its total to 3,989 shares valued at $831,000. This move is consistent with several other institutional investors and hedge funds boosting their stakes, highlighting positive sentiment driven by Amazon's advancements in satellite internet, AI chip development, and strong Prime Day sales. Analysts maintain a "Moderate Buy" consensus rating for AMZN, with an average price target of $312.79, amidst recent insider stock sales worth millions.
The Room Essentials 10-Piece Nonstick Cookware Set from Target Corp. - affordable starter gear for small kitchens
This article reviews the Room Essentials 10-Piece Nonstick Cookware Set from Target Corp., highlighting it as an affordable and functional option for students, first-time renters, and budget-conscious households. It discusses the set's contents, nonstick performance, and its role in Target's private-label strategy to attract younger, price-sensitive shoppers. The set offers a low upfront cost and easy cleanup, though reviewers caution about its long-term durability, suggesting a lifespan of 1-2 years with regular use.
Foundry Financial LLC Raises Stock Position in Amazon.com, Inc. $AMZN
Foundry Financial LLC significantly increased its stake in Amazon.com, Inc. by 87.3% in the first quarter, now holding over 5,000 shares valued at approximately $1.05 million. Other hedge funds also boosted their positions, contributing to institutional investors owning 72.20% of the stock. Analysts maintain a "Moderate Buy" rating for AMZN, with an average price target of $312.79, following positive earnings and growth in new ventures like satellite internet and AI chips.
Baer Investment Advisory LLC Cuts Position in Analog Devices, Inc. $ADI
Baer Investment Advisory LLC significantly reduced its stake in Analog Devices (NASDAQ:ADI) by 96.1% in the first quarter, leaving it with 710 shares worth $226,000. Despite this, Analog Devices reported strong quarterly results with EPS of $3.09 and revenue of $3.62 billion, exceeding analyst expectations. The company maintains a "Moderate Buy" consensus rating from Wall Street analysts, with several raising price targets.
Adams Diversified Equity Fund Inc. Sells 15,300 Shares of Amazon.com, Inc. $AMZN
Adams Diversified Equity Fund Inc. reduced its stake in Amazon.com by 2.8% during the first quarter, selling 15,300 shares, but Amazon remains its fifth-largest holding. Despite the sell-off, Amazon's recent earnings exceeded expectations, and the company continues to see positive developments with its satellite internet project and expanded AI initiatives. Wall Street analysts maintain a "Moderate Buy" rating for Amazon with a consensus price target of $312.79, reflecting optimism about its growth prospects.
Diamant Asset Management Inc. Has $4.38 Million Stock Position in Amazon.com, Inc. $AMZN
Diamant Asset Management Inc. significantly increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, now holding 210,561 shares valued at approximately $4.38 million. Wall Street analysts maintain a "Moderate Buy" consensus rating for Amazon with a target price of $312.79, citing growth drivers such as the Leo satellite network, expanding AI initiatives, and strong Prime Day demand. Other institutional investors like Vanguard Group Inc. and State Street Corp. also hold substantial positions in the e-commerce giant.
Amazon.com, Inc. $AMZN Shares Acquired by Cornerstone Wealth Group LLC
Cornerstone Wealth Group LLC increased its stake in Amazon.com, Inc. by 8.4% in the first quarter, acquiring an additional 7,872 shares, bringing their total to 101,266 shares valued at $21.1 million. This increase in holdings comes amidst positive developments for Amazon, including progress on its satellite internet network, expanded AI capabilities, and strong Prime Day sales. Analysts maintain a "Moderate Buy" rating for AMZN with an average price target of $312.79, following stronger-than-expected quarterly earnings and revenue growth.
Park Ha Biological Taps Amazon.com, Inc. (AMZN) E-commerce Platform amid India Delivery Expansion Plans
Park Ha Biological has partnered with Amazon.com, Inc. to expand its skincare brand into the North American personal care market, leveraging Amazon's e-commerce platform and 310 million active buyers. This collaboration is part of Park Ha Biological's global expansion strategy and coincides with Amazon's efforts to build India's largest delivery-in-minutes network through Amazon Now. The move aims to boost Park Ha Biological's international brand recognition and revenue while Amazon continues to integrate AI across its operations.
Park Ha Biological Taps Amazon.com, Inc. (AMZN) E-commerce Platform amid India Delivery Expansion Plans
Park Ha Biological Technology is expanding its global reach by partnering with Amazon.com Inc. (AMZN) to launch its skincare brand on the e-commerce platform, initially targeting the North American market. This collaboration aims to leverage Amazon's vast customer base for brand recognition and revenue growth, while Amazon simultaneously expands its "delivery-in-minutes" network in India. The article also touches on Amazon's extensive use of AI across its operations, though it suggests other AI stocks might offer quicker, higher returns.
ArcelorMittal (ENXTAM:MT) Following Buybacks And AWS Tie Up Looks Close To Fair Value
ArcelorMittal (ENXTAM:MT) has seen renewed investor interest following its multi-year share buyback program and a new cloud and AI partnership with Amazon Web Services. While one narrative suggests the stock is 1.5% overvalued at €58.60 compared to a fair value of €57.76, Simply Wall St's DCF model estimates it to be 18.5% undervalued at €71.91. The company's future growth is linked to expansion in India and Brazil, and its use of advanced technology.
FDA announces recall of 2 vitamins sold by Amazon, Target and Walmart
Total Nutrition Inc., a New York-based company, has recalled two vitamin products, TNVitamins 100% Organic Moringa Capsules and Powder, due to potential Salmonella contamination from a supplier. The products were sold nationwide through major retailers like Amazon, Walmart, Target, TikTok Shop, and the company's website. Although no illnesses have been reported, consumers are advised to dispose of the recalled items immediately, which can be identified by specific lot numbers expiring in 2028.
Nvidia supplier Hon Hai’s sales beat on continued AI demand
Nvidia supplier Hon Hai Precision Industry Co. (Foxconn) reported a stronger-than-expected 40% increase in quarterly sales, driven by sustained demand for AI-related products. The company anticipates continued momentum in AI server shipments and overall growth quarter-on-quarter and year-on-year, despite facing a shortage of memory chips. This performance comes as major tech companies like Alphabet, Amazon, Meta, and Microsoft are significantly increasing their AI investments.
Here is Why Yext (YEXT) is One of the Best Value Penny Stocks to Buy According to Hedge Funds
Yext (NYSE: YEXT) is highlighted as a top value penny stock by hedge funds, following its strong FQ1 2027 financial results which included $107.9 million in revenue and a 25% Adjusted EBITDA margin. The company is actively repurchasing shares and plans to use its cash for R&D, acquisitions, and shareholder returns, focusing on its higher-value customer segment.
Free Press Opinion: The Bezos-backed $25,000 EV that should worry Detroit
A new electric vehicle (EV) startup called Slate Auto, backed by Jeff Bezos, is introducing a bare-bones, two-seater pickup starting under $25,000, presenting a challenge to the U.S. auto industry. This move addresses the rising cost of new vehicles and the increasing number of lower-income buyers being priced out of the market. While legacy automakers have benefited from selling high-priced, loaded vehicles, Slate's affordable and customizable approach could capture a significant market share and signals a shift in consumer demand towards more accessible options.
Guidewire Software, Inc. $GWRE Shares Purchased by Stephens Investment Management Group LLC
Stephens Investment Management Group LLC increased its stake in Guidewire Software (NYSE:GWRE) by 3.0% in the first quarter, adding 15,260 shares to reach a total of 524,818 shares valued at approximately $78.5 million. The company reported stronger-than-expected quarterly results with $0.82 EPS and $372.54 million in revenue, a 26.9% year-over-year increase. Despite analyst target trims, the stock maintains a "Moderate Buy" consensus rating with an average price target of $221.36.
7 Best Home Depot Summer Deals Hitting Aisles This Weekend
This article highlights seven top summer deals available at Home Depot during its Red, White, & Blue savings event. The deals include significant discounts on kitchen appliances, outdoor lighting, streaming devices, lawn care equipment, grills, and gardening supplies. These sales are presented as an opportunity for customers to complete home improvement tasks and enjoy summer activities for less.
Y Intercept Hong Kong Ltd Has $15.68 Million Position in Walmart Inc. $WMT
Y Intercept Hong Kong Ltd significantly increased its stake in Walmart Inc. during the first quarter, boosting its holdings by 1,891% to 126,130 shares valued at approximately $15.68 million. Other major institutional investors like Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC also increased their positions, with institutional ownership now at 26.76%. Despite recent insider selling, Wall Street analysts maintain a "Moderate Buy" consensus rating for Walmart, with a target price of $138.85.
K.J. Harrison & Partners Inc Acquires 5,000 Shares of Old Dominion Freight Line, Inc. $ODFL
K.J. Harrison & Partners Inc. significantly increased its stake in Old Dominion Freight Line, Inc. by purchasing an additional 5,000 shares, bringing its total holdings to 14,181 shares valued at approximately $2.77 million. This move follows Old Dominion Freight Line's better-than-expected earnings and revenue report, despite a slight year-over-year revenue decline. Analysts maintain a "Hold" rating on the stock, with a consensus price target of $218.57, though some firms like Goldman Sachs have raised their targets.
Stephens Investment Management Group LLC Sells 140,341 Shares of Ciena Corporation $CIEN
Stephens Investment Management Group LLC reduced its stake in Ciena Corporation by 45.8% in Q1 2026, selling 140,341 shares, but still holds 166,171 shares valued at $64.5 million. Ciena recently surpassed earnings expectations with $1.64 EPS and $1.57 billion in revenue, a 39.5% increase year-over-year. Wall Street maintains a "Moderate Buy" rating with an average target price of $530.56, following multiple analysts raising their targets.
Strs Ohio Sells 66,565 Shares of Walmart Inc. $WMT
Strs Ohio reduced its stake in Walmart Inc. by 5.1% in the first quarter, selling 66,565 shares but still holding 1.23 million shares valued at $153.1 million. Despite this, Wall Street analysts largely maintain "Buy/Outperform" ratings for Walmart, with a consensus price target of $138.85. Insider selling, including by EVP David W. Guggina and Director C. Douglas McMillon, also occurred under pre-arranged trading plans.
Amazon.com, Inc. $AMZN Stake Decreased by Sterling Capital Management LLC
Sterling Capital Management LLC reduced its stake in Amazon.com, Inc. by 18.7% in the first quarter, selling over 89,000 shares but still holding shares valued at approximately $81.2 million. Despite this reduction, Wall Street analysts maintain a "Moderate Buy" rating for AMZN with an average price target of $312.79, citing positive news such as Amazon's Leo satellite network and expansion in AI. Recent insider transactions show sales by company executives, while institutional investors collectively own 72.20% of the stock.
Italy's AGCM probes Apple over blocked iCloud rivals on iOS, iPadOS
Italy's competition authority, the AGCM, has launched a formal investigation into Apple concerning whether it restricts rival cloud storage providers from offering full-device backups on its iOS and iPadOS operating systems. The probe stems from a whistleblower complaint alleging that Apple withholds necessary APIs, thereby nudging users towards its own iCloud service, which offers a limited free tier. This investigation falls under the European Union's Digital Markets Act, which mandates gatekeepers to ensure interoperability and equal access to operating system components for competing services.
Amazon.com, Inc. $AMZN Stock Holdings Decreased by Pictet Asset Management Holding SA
Pictet Asset Management Holding SA reduced its stake in Amazon.com by 3.0% in Q1 2026, selling 298,314 shares but still retaining roughly 9.53 million shares valued at $1.99 billion, representing its 6th largest holding. Despite this reduction, institutional ownership of Amazon remains high at 72.2%, with several other funds increasing their positions. Analysts maintain a bullish outlook on Amazon, with a "Moderate Buy" consensus rating and an average price target of $312.79.
Is JD.com (NasdaqGS:JD) Still A Bargain After Its Robot Push?
JD.com's stock has faced a challenging period, with a significant decline over the past five years, yet it appears undervalued based on current checks. The company's "Nirvana Plan" involving automation and AI aims for efficiency gains but also introduces execution and regulatory risks. Despite these factors and past weak returns, JD.com's P/E ratio suggests it trades at a discount compared to industry averages and its tailored fair value.
Fort Washington Investment Advisors Inc. OH Acquires 5,676 Shares of Amazon.com, Inc. $AMZN
Fort Washington Investment Advisors Inc. OH increased its stake in Amazon.com, Inc. by 0.3% in the first quarter, acquiring an additional 5,676 shares. This brings their total holdings to over 2.1 million shares, valued at approximately $444.7 million, making Amazon its 7th largest position. Wall Street analysts remain broadly bullish on Amazon, with a "Moderate Buy" rating and an average target price of $312.79, driven by continued growth in satellite internet, AI initiatives, and strong retail demand.
Amazon.com, Inc. $AMZN Stake Lowered by Realta Investment Advisors
Realta Investment Advisors decreased its stake in Amazon.com by 4.7% in the first quarter, selling 2,318 shares, though Amazon still constitutes a significant portion of their portfolio. Despite this, Amazon reported strong latest earnings, surpassing expectations with an EPS of $2.78 and revenue of $181.52 billion, up 16.6% year over year. Wall Street analysts maintain a positive outlook, with 57 analysts rating the stock a "Buy" and a consensus target price of $312.79.
Value Partners Investments Inc. Has $52.30 Million Stock Position in Amazon.com, Inc. $AMZN
Value Partners Investments Inc. increased its stake in Amazon.com, Inc. by 15.5% in the first quarter, now holding 250,866 shares valued at $52.30 million. Wall Street analysts maintain a "Moderate Buy" rating for Amazon, with an average target price of $312.79, after the e-commerce giant reported strong quarterly results and highlighted growth in satellite internet and AI chips. Various other institutional investors also adjusted their positions in Amazon, while some insiders sold shares.
Amazon.com, Inc. $AMZN Shares Bought by River Street Advisors LLC
River Street Advisors LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 19.9% during the first quarter, now owning 18,215 shares worth $3.79 million. This increase comes amidst several positive developments for Amazon, including progress on its Leo satellite internet network, expanded AI chip and AWS capabilities, and strong Prime Day demand. Amazon's latest earnings also surpassed expectations, reporting an EPS of $2.78 against a consensus of $1.63 and revenue of $181.52 billion.
