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Norris Financial Group Doubles Down on Amazon with $3.56M Investment

Guavy AI Editorial Team
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AMZN
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Norris Financial Group LLC has made a significant investment in Amazon.com, Inc. (AMZN), purchasing 17,094 shares valued at approximately $3.56 million during the first quarter.

This purchase represents about 1.2% of Norris Financial Group's portfolio and makes Amazon its 29th largest position.

Amazon has been experiencing growth in cloud demand, with AWS revenue increasing by 36.7% year over year to $42.2 billion, while its backlog reached $496 billion.

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