1,032,200 Shares in Amazon.com, Inc. $AMZN Purchased by Route One Investment Company L.P.
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Route One Investment Company L.P. acquired 1,032,200 shares of Amazon.com, Inc. ($AMZN) valued at approximately $246 million in the second quarter, making it their second-largest holding. Amazon reported strong quarterly earnings of $5.75 per share and $200.61 billion in revenue, surpassing analyst expectations. Despite broad analyst optimism, concerns exist regarding rising labor and delivery costs, macroeconomic pressures, and strategic risks related to AI.
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