Ackman's Amazon Bet: $2 Billion on Sustainable Growth
Pershing Square's Bill Ackman continues to bet big on Amazon, holding nearly 8.6 million shares of the company worth over $2 billion as of June.
Ackman believes that Amazon's increased capital expenditures, which will reach $220 billion this year, are being channeled into sustainable and high-growth activities such as its cloud business, Amazon Web Services (AWS).
AWS has seen significant revenue growth, increasing from 20% in both 2024 and 2025 to over 30% so far in 2026.