Core Insights - Berkshire Hathaway Inc. significantly reduced its stake in Amazon.com Inc. by over 75% in Q4, while acquiring a new stake in the New York Times Co. valued at $351.7 million [1][2] Investment Changes - Berkshire Hathaway's current holdings in Amazon now stand at approximately 2.3 million shares after the reduction [2] - The company also decreased its stakes in Bank of America Corp. and Apple Inc. to 7.1% and 1.5%, respectively, starting in 2024 [2] New Investments - During the same period, Berkshire Hathaway increased its stakes in Chevron Corp. to 6.5% and Chubb Ltd to 8.7% [3] - The initial investment in Chubb was revealed in May 2024, following a secret accumulation of shares the previous year [3] Strategic Acquisitions - Buffett has been actively pursuing new acquisitions, including a $9.7 billion deal for Occidental Petroleum Corp.'s petrochemical business and a $5.6 billion stake in Alphabet Inc. [4] - Following the announcement of the New York Times Co. investment, its shares rose over 10% in post-market trading [4]

Core Viewpoint - Amazon's stock has declined approximately 13% year-to-date in 2026 despite better-than-expected fourth-quarter revenue and strong sales guidance for Q1 [1][2] Financial Performance - Amazon's fourth-quarter revenue increased by 14% year-over-year to $213.4 billion, with Amazon Web Services (AWS) contributing 17% of that revenue [11] - AWS revenue rose 24% year-over-year in Q4, up from 20% in Q3, indicating strong growth in a segment with an annual run rate exceeding $140 billion [6][11] Capital Expenditures and Growth Strategy - Management plans to invest $200 billion in capital expenditures in 2026, focusing on growth opportunities, particularly in artificial intelligence (AI) [2][10] - The company believes this significant investment will yield strong long-term returns on invested capital [2][10] AI and Cloud Computing Opportunities - Amazon's cloud computing business is experiencing substantial growth driven by demand for AI, with customers increasingly running AI workloads on AWS [7] - The company is also seeing momentum in its AI chip business, particularly with the Trainium2 chip, which has become a multibillion-dollar annualized product [9] Market Position and Valuation - Amazon's stock is currently valued at about 28 times earnings, which may not be a bargain but is considered sensibly priced given the company's financials [11] - AWS's operating income accounted for half of Amazon's fourth-quarter operating income and 57% of its full-year operating income, highlighting its importance to the overall business [11][12] Investment Perspective - Despite the stock's decline, there is a belief that it may represent a buying opportunity due to the company's impressive growth prospects [3][12] - The heavy reliance on AWS presents both risks and opportunities, as increased capital expenditures could enhance overall margins and drive long-term earnings growth [12]

Cadence beats quarterly profit and revenue estimates on strong AI-linked demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The logo of Cadence Design Systems is pictured outside the company's offices in San Jose, California, U.S., January 31, 2020. Picture taken January 31, 2020. REUTERS/Stephen Nellis [Purchase Licensing Rights, opens new tab]Feb 17 (Reuters) - Cadence Design Systems [(CDNS.O), opens new tab] beat quarterly r ...

Core Insights - Billionaire David Tepper's Appaloosa Management has made significant adjustments to its investment portfolio, focusing on semiconductor recovery while taking profits from Chinese tech and major tech stocks [1] Group 1: Investment Strategy - Appaloosa has aggressively increased its position in Micron Technology, Inc. (NASDAQ:MU), with a 250% increase in shares, adding 1,000,000 shares during the quarter, bringing the total to 1.5 million shares valued at over $428 million [2] - Tepper is shifting focus towards hardware components that support AI, rather than investing in chip designers [2] Group 2: Portfolio Adjustments - Despite reducing its stake, Alibaba remains the largest holding in Appaloosa's portfolio, now representing 10.88%, down from 15.61% in the previous quarter [3] - The fund has also reduced its positions in other major tech companies, including Amazon (NASDAQ:AMZN) by 12.8% (approximately 320,000 shares) and Nvidia (NASDAQ:NVDA) by 10.5% (liquidating 200,000 shares) [3]

Amazon has proposed a second big-box store in the Chicago area, Mass Market Retailers (MMR) reported Tuesday (Feb. 17), citing a paywalled article in the Chicago Tribune.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins requi ...

Group 1 - Pershing Square Capital took a new stake of 2,673,569 shares in Meta Platforms in the fourth quarter, marking it as the fifth largest position in the fund [1][3] - The fund exited its position in Chipotle Mexican Grill during the same quarter [1] - Ackman increased the fund's stake in Amazon, which is now the third largest position, while decreasing exposure to Alphabet shares for the second consecutive quarter [2][3] Group 2 - The investment presentation emphasized that Meta's current share price does not reflect its long-term upside potential from AI, suggesting a deeply discounted valuation [4] - Meta is recognized as a leader in the digital advertising space and a significant beneficiary of AI integration, supported by its 3.5 billion daily active users and a growing user base [5] - The experienced leadership team and favorable stock multiples were highlighted as additional reasons for a bullish outlook on Meta [5]

Warner Brothers Discovery and Netflix Merger - Warner Brothers Discovery (WBD) has set a shareholder vote date for March 20th regarding its proposed merger with Netflix, and has begun mailing its definitive proxy statement [1] - Netflix has granted WBD a limited 7-day waiver to negotiate with rival bidder Paramount Sky Dance, which has proposed a potentially higher per share offer but has not yet submitted binding terms [2] - WBD's board continues to support the Netflix deal, labeling it as the superior and more certain option, while urging shareholders to reject any proposal from Paramount Sky [2] Amazon's Stock Performance - Amazon's stock has experienced a significant decline, dropping nearly 20% over the past 10 trading days, which has resulted in a loss of approximately $450 billion in market value [4] - Despite a slight recovery, Amazon's shares are still down 12% over the past 52 weeks, reflecting ongoing investor concerns regarding its $200 billion AI and infrastructure spending plan [3][4] Micron's Manufacturing Capacity - Micron is reportedly investing $200 billion to expand manufacturing capacity in Boise, Idaho, in response to a significant memory chip shortage that has affected various companies, including Apple and Qualcomm [5] Alibaba's AI Model - Alibaba has launched a new AI model that is said to be 3.5% cheaper and more efficient in processing workloads compared to its predecessor [6] Upcoming Earnings Reports - Analysts expect Carvana's revenue to grow nearly 50% year-over-year to $5.25 billion, with earnings projected at $116 per share [7][8] - Door Dash is anticipated to report revenue of $4 billion, reflecting a 40% year-over-year increase, with earnings per share expected at $1.29 [8]

Core Insights - Berkshire Hathaway disclosed a new position in New York Times Co with 5,065,744 shares in the fourth quarter ending December 31, 2025 [1] - The company clarified its positions within the Liberty Media ecosystem, maintaining its stake in Liberty Formula One with 3,018,555 shares [1] Portfolio Changes - The fourth quarter 13F filing revealed changes in existing stocks, highlighting the top decreased stakes by percentage [2] - Despite a decrease in the Apple position, it remains the largest holding in Berkshire Hathaway's investment portfolio [2]

Core Insights - Amazon has discontinued its Blue Jay warehouse robot just a few months after its launch, indicating challenges in developing effective and cost-efficient AI robotics technology [1][2][9] - The core technology of Blue Jay will be integrated into other initiatives within Amazon's warehouse network, as the company continues to explore various robotics projects [3][10] Robotics Development Challenges - The development of AI robotics technology faces significant hurdles in the physical realm, particularly in acquiring useful training data and managing real-world operational challenges [2] - Blue Jay was developed rapidly in just over a year, leveraging AI advancements, but ultimately faced issues related to high costs, manufacturing complexity, and implementation difficulties [8][9] Future Robotics Initiatives - Amazon is transitioning from the Blue Jay system to a new modular warehouse system called "Orbital," which is designed to be more flexible and easier to deploy compared to the previous "Local Vending Machine" system [12][13] - The Orbital system is expected to support smaller same-day delivery warehouses and potentially be used as a micro-fulfillment solution in Whole Foods stores, focusing on handling chilled products [14][13] - The rollout of the Orbital system is projected to take time, with the first warehouse not expected to open until 2027 [15]

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Safran SA ( SAFRF , SAFRY ), a key supplier in the commercial aviation and defense sectors, rallied 13.6% since my last report , outperforming the S&P 500’s 1.3% gain. The company reported its full-year earnings in February along with an update toD ...