AMZN trading at basically AWS plus Anthropic stake, says investor

RihardJarc · x · 2026-09-23

Investor RihardJarc argues that $AMZN's market cap essentially prices in only AWS and its Anthropic stake, assigning zero value to retail, ads, logistics and everything else. He adds that surging AI demand for VMs should give AWS, with the largest fleet, meaningful pricing leverage — upside not yet reflected in the stock.

Related event: Analyst: Amazon Priced Only for AWS and Anthropic Stake(2 posts)→

Original post →

More from Venture

Venture channel →