Category: Markets
Published: 2026-07-07T14:21:19.000Z
Peak Financial Advisors LLC has significantly increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 14.4% in the first quarter, making it their 9th largest holding. The firm now owns 23,975 shares valued at approximately $4.99 million. This increased investment comes as Amazon focuses on AI and cloud expansion, with reported plans to raise at least $25 billion through a bond sale for AI investments and ramp up Trainium 3 chip production.
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