Rockbridge Invests $14.62M in Amazon Amid AI Uncertainty
Rockbridge Asset Management LLC has invested $14.62 million in Amazon.com, Inc.
The investment firm acquired 61,330 shares of Amazon's stock during the second quarter, which is approximately 9.4% of its investment portfolio.
This makes Amazon Rockbridge's 2nd biggest holding after Fabrinet, Dycom, and Qualcomm were marked down by analysts as AI 'fallen angels'.