Amazon.com, Inc. $AMZN Shares Newly Acquired by Valueworks LLC
MarketBeat
Valueworks LLC recently acquired 54,672 shares of Amazon.com, Inc. (AMZN) worth approximately $13.0 million, making it 2.7% of their portfolio. Other institutional investors have also adjusted their holdings, with 72.2% of Amazon's stock now owned by hedge funds and institutions. Despite strong Q2 earnings that exceeded analyst expectations, concerns persist regarding Amazon's heavy AI infrastructure spending and the monetization of these investments.
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