Amazon.com News - August 21, 2026
Amazon commits $2B to Latin America, doubling local content and sports
Amazon will invest over $2 billion in Latin American content between 2027 and 2030. The initiative targets market expansion in Mexico, Brazil, Argentina,...
Rosenblatt Initiates Coverage on Amazon with a Buy Rating
Rosenblatt Securities initiated coverage on Amazon.com with a "Buy" rating and a price target of $335. Rosenblatt's positive outlook stems from strong growth...
Farallon Capital Management Reduces Amazon Stake by Over 37%
In a recent 13F filing with the SEC, Farallon Capital Management disclosed a significant reduction in its holdings of Amazon.com, Inc. (AMZN). The filing,...
Jim Simons' Renaissance Technologies Opens New $546M Stake in Amazon
Jim Simons' quantitative hedge fund, Renaissance Technologies, established a significant new position in Amazon (AMZN) during the second quarter of 2026....
Amazon and Microsoft build off-grid power, bypassing strained public grids
Amazon, Microsoft, and Google are developing independent power solutions to meet the massive energy demands of AI data centers. These companies are bypassing...
Polen Capital Reduces Amazon (AMZN) Stake by 28%
In a recent SEC filing, Polen Capital Management disclosed a significant reduction in its holdings of Amazon.com, Inc. (AMZN), selling over 1 million shares....
Ray Dalio's Bridgewater Halves Amazon (AMZN) Stake in Q2
Ray Dalio's Bridgewater Associates significantly reduced its position in Amazon.com (AMZN) by 53.85% during the second quarter of 2026. The world's largest...