$Amazon.com(AMZN)$ I added to my AMZN position following continued conviction from Wall Street and strengthening fundamentals in AI and cloud. On March 20, Monness’ Brian White reiterated a Buy rating with a $280 target, highlighting Amazon’s strategic positioning within the AI ecosystem. AWS stands to benefit significantly from accelerating AI adoption, supported by NVIDIA’s data center roadmap and rising hyperscaler demand. The expanded partnership with OpenAI further increases AWS’s long-term revenue potential and addressable market. While macro and regulatory risks persist, Amazon’s innovation pace and scale advantages should help sustain long-term growth.
| Side | Price | Filled | Realized P&L |
|---|
| Buy Close | 212.36 0 | -- Closed |
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