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.

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