Billionaires Shift Focus from Apple to Amazon

Reported 27 days ago

Billionaires are increasingly investing in Amazon instead of Apple, according to recent 13F filings. Notable investors, including Ray Dalio's Bridgewater Associates and Ken Griffin's Citadel Advisors, have significantly increased their stakes in Amazon. The company's impressive growth, reporting a 10% revenue increase in its latest quarter, contributes to its allure as a strong investment opportunity, despite its status as an already massive business.

Source: YAHOO

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