WHAT HAPPENED
The fund acquired 6,100 shares of the e-commerce giant's stock, valued at approximately $1,454,000. comalerts: Best Buy Is Turning Amazon Fire TV Into a New Advertising Opportunity Several other institutional investors and hedge funds have also modified their holdings of AMZN. com this week: Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. 4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion.
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