Group 1 - Amazon.com, Inc. (AMZN) shares were trading at $220.71 as of September 23rd, with trailing and forward P/E ratios of 33.64 and 28.41 respectively [1] - In August 2025, Amazon recorded a year-over-year viewership growth of 26%, rising to 3.9% from 3.1% in August 2024, marking its highest monthly share since December 2024 [2] - Prime Video's upcoming addition of NBA games is expected to significantly expand its sports audience and enhance engagement [3] Group 2 - The introduction of an ad-supported default tier by Prime Video is a strategic move to attract a broader audience, aligning with consumer preferences for ad-supported options [4] - This hybrid monetization model not only enhances accessibility but also creates additional advertising revenue opportunities for Amazon [4] - Amazon remains a diversified digital economy platform, with a stock price appreciation of approximately 5.8% since previous bullish coverage [5] Group 3 - As of the end of the second quarter, 335 hedge fund portfolios held AMZN, an increase from 328 in the previous quarter, indicating strong interest among institutional investors [6]