AMZN is still taking benefit...

JacksNiffler
07-01

$Amazon.com(AMZN)$ hitting new high, one of the biggest beneficiaries after $NVIDIA Corp(NVDA)$ ended its gamma squeeze.

On Friday June 28 , we can also see large orders buying 190 and 200 Calls for August and September expirations, respectively.

Amazon's investment and momentum in AI:

  • Accelerated growth in the cloud business thanks to AI drive

  • Excellent financial performance, providing stable cash backing

  • Strategic AI investment: plans to incorporate AI chatbots into Alexa services

  • Investments in AI startup Anthropic and robotics company Figure

  • Launch of Maestro, an AI playlist generator powered by Amazon Bedrock

A plug:

$GameStop(GME)$ ‘s leader Roaring Kitty, is being sued in New York for using Twitter to fraudulently induce transactions.

In fact, I have always thought that this wave of his operation this year, the legal risk is very great, the teacher out of no name, and cut their own leeks, certainly not pleasing to the effort.

SEC has not had time to look for his trouble, and there have been some people can not resist the loneliness of the lawsuit against him.

Nvidia Rebound! Will You Follow Pelosi to Add?
Nvidia rebounded by 5% yesterday due to Nancy Pelosi increasing her stake in Broadcom. Before the July 4th holiday, Nancy Pelosi disclosed several significant stock trades. She purchased 20 call options of Broadcom with a strike price of $800, expiring on June 20, 2025, with a purchase size between $1 million and $5 million. She also bought 10,000 shares of Nvidia stock, with an investment size between $1 million and $5 million. --------------- Will the semi pullback end? What's your target price for Nvidia? Will you add Nvidia with Pelosi?
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