Venkatesh
Wed, July 8, 2026 astatine 7:00 AM CDT 2 min read
Amazon.com, Inc. (NASDAQ:AMZN) is 1 of the 10 Best Stocks to Buy successful Glen Kacher's Light Street Portfolio.
On July 1, 2026, Check Point Software Technologies launched its Cloud Firewall connected the caller AWS European Sovereign Cloud, expanding its concern with Amazon.com, Inc. (NASDAQ:AMZN)'s Amazon Web Services (AWS). The AWS European Sovereign Cloud is an EU-based unreality infrastructure designed to assistance European enterprises and governments conscionable strict operational autonomy arsenic good arsenic information residency mandates. The caller integration provides highly regulated organizations with prevention-first information and AI-powered menace quality crossed networks and applications.
In different development, connected July 2, 2026, a Bloomberg article reported that Amazon.com, Inc. (NASDAQ:AMZN) is connected way to motorboat its outer broadband work aboriginal this year, pursuing a palmy United Launch Alliance (ULA) rocket deployment. The Atlas V motorboat connected July 2 carried the latest batch of Amazon Leo satellites, bringing Amazon's orbital fleet to implicit 390. According to institution officials, this provides capable capableness to statesman archetypal operations, perchance challenging SpaceX's ascendant Starlink network. While aboriginal missions program to utilize ULA's caller Vulcan rocket, caller method delays person kept the Atlas V arsenic Amazon's superior motorboat vehicle. Amazon.com, Inc. (NASDAQ:AMZN) constitutes astir 4.87% of Light Street's full portfolio value.
Founded successful 1994, Amazon.com Inc. (NASDAQ:AMZN) operates crossed e-commerce, integer content, advertising, and unreality computing. The Washington-based institution has invested heavy successful vertical integration by designing its ain specialized microprocessors, including Trainium and Inferentia, to standard AI models efficiently.
While we admit the imaginable of AMZN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
Read Next: Chris Hohn's TCI Fund Portfolio: 9 Best Stocks to Buy and Chase Coleman's Tiger Global Portfolio: 10 Best Stocks to Buy
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