FastSwings.com

   Stocks, Stock Swings, Options, and Option Trades

   Disclaimer: Consult a Financial Advisor prior to taking the advice offered. By reading this blog site you agree to not hold any authors or FastSwings.com responsible for market loses that you may incur.

 Subscribe in a reader

Subscribe to FastSwings by Email

All Posts Term: amazon
4 post(s) found

Amazon's Strategic Bet: $4 Billion Investment in AI Pioneer Anthropic

Amazon's Strategic Bet: $4 Billion Investment in AI Pioneer Anthropic

In a groundbreaking move, Amazon.com Inc. is set to pour a staggering sum of up to $4 billion into Anthropic, the renowned AI startup behind the innovative Claude chatbot. Founded by the dynamic sibling duo, Dario and Daniela Amodei, both former OpenAI stalwarts, Anthropic has been making waves in the world of artificial intelligence.

Anthropic

With this investment, Amazon is positioning itself to go head-to-head with the formidable forces of Microsoft-backed ChatGPT and Google's Bard.

The narrative of Anthropic, as crafted by the Amodei siblings, is one of passion, innovation, and the relentless pursuit of excellence. Anthropic gains not only a substantial influx of resources but also the invaluable expertise and infrastructure that Amazon brings to the table. This synergy of talents and resources could very well birth the next generation of AI breakthroughs.

The Cloud Infrastructure Market Looks Bright With AWS

AWS

The massive and much sought after cloud infrastructure market continues to be the AWS cup of tea, this quarter reveals. The businesses of Microsoft, Google, Alibaba and other big players continue to grow at an exponential rate. Despite this, however, these companies have not created a significant dent on AWS' firm hold of the cloud infrastructure market.

In fact, Amazon's cloud computing arm seems to have cut its teeth on 35% of the cloud infrastructure market despite relentless competition from the big guys. For example, Microsoft has a USD $20 billion run rate. But that is mainly from software instead of the cloud infrastructure market.

That's why it's so important to compare apples to apples and oranges to oranges. And when all is said and done, that AWS spell on the cloud infrastructure market remains stronger than ever. This scenario has led Synergy to declare that the Amazon company is on a league of its own.

Hedge Fund Activity in Consumer Services

AmazonUSPS

During the last quarter, hedge fund traders were bullish on five stocks in the area of Consumer Services. These five stocks include McDonalds, Comcast, Liberty Global, Charter Communications, and Amazon.com. Insider Monkey which composes a small cap strategy portfolio of stocks, takes the best of the hedge fund picks, and puts them together. Their strategy has returned 118% since the middle of 2012, beating the S&P 500 by almost 100% according to the company. These stocks are some of that portfolio.

Amazon has been a strong performer and hedge funds piled into the stock during the period ending June 30th. The company started delivering packages on Sundays and Holidays through the United State Postal Service. The only downside is the companies lack of strong profits and a small lawsuit from authors that are feeling squeezed by the retail giant.

Amazon Expanding In New Jersey And Canada

amazon

Given the increase sales demands generated in part by features such as Amazon Prime, Amazon.com Inc. has recently announced plans to open a New Jersey fulfillment center.  As one of the top U.S. online retailers with growth projections continuing to increase, Amazon recently released holiday sales numbers that were more favorable than predicted and that generate a real need for increased production facilities for packing and shipping of merchandise.  In addition, Amazon announced that it plans to further expand its services in Canada by offering Amazon Prime services there in the near future, giving Canadian customers access to the same shipping savings options as U.S. customers.

Our FaceBook Page

Market Summary