Moore Capital Management LP Boosts Amazon.com Stake Sharply

Moore Capital Management LP, led by Louis Moore Bacon, significantly increased its stake in Amazon.Com, Inc. (AMZN) by 241,509 shares. Despite recent volatility and concerns over a large capital expenditure plan, Wall Street analysts maintain a “Strong Buy” rating for AMZN, citing AWS growth and AI demand. TipRanks’ AI Analyst, Spark, assesses AMZN as Neutral, balancing strong financial performance against weakened near-term free cash flow and a demanding valuation.

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