Amazon Sees New Investor Interest Amid AI Expansion Plans

RW Investment Management LLC has entered the market as a new investor in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 2,970 shares valued at approximately $708,000 in the second quarter.

This is not an isolated instance, as multiple other hedge funds and institutional investors have increased their stakes in Amazon during the same period.

Trust Asset Management LLC lifted its position by 3.3% to own 107,563 shares worth $26,000 after buying an additional 3,414 shares.