Rich HabitsPublished 2026-07-31
“Situational Awareness' Collapse, Big Tech Earnings & The Fed”
$AMZNBullish
AMZN is undervalued; approval of paid robo-taxi rides creates a high-margin recurring revenue stream that supports a long-term bull thesis.
You go look at Microsoft and Meta and Amazon. They're importing hundreds of billions of dollars of semiconductor equipment and telecom equipment and things of that nature.
We both think that Nvidia is cheap, Amazon is cheap.
So if you think about it, between Meta, Alphabet, Microsoft, and Amazon, we're looking at combined AI related capital expenditures approaching 500 billion in 2026 alone. Meta at 130 to 145 billion, Alphabet at 195 to 205 billion, and Microsoft and Amazon have not yet updated their guidance this week.