Amazon.com (NASDAQ:AMZN) ranks second on our list of President Trump and Nancy Pelosi Portfolio: Top 4 Picks. Many elite money managers and billionaires were also piling into the stock earlier this year. Bill Ackman's Pershing Square wrote about Amazon in its second-quarter letter, and we covered the two stocks that Nancy Pelosi and Bill Ackman are both betting on. Bull Case: Amazon Earns From Every AI Lab Amazon can profit whichever AI lab wins because AWS sells computing power to all of them. Anthropic committed in April to a ten-year spending plan on AWS that includes up to five gigawatts of new computing capacity. Anthropic also works with Amazon's Annapurna Labs to design future Trainium chips.
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