Ken Fisher Stock Portfolio: 12 Best Stocks to Buy

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5. Amazon.com, Inc. (NASDAQ:AMZN)

Fisher Asset Management’s Stake Value: $7,268,576,882

Number of Hedge Fund Holders: 332

Amazon.com, Inc. (NASDAQ:AMZN) ​​is among the Ken Fisher Stock Portfolio.

On January 30, 2026, a Reuters source revealed that Amazon.com, Inc. (NASDAQ:AMZN) is in preliminary negotiations to invest up to $50 billion in OpenAI, though the specifics are still pending. The corporation may become the biggest contributor to OpenAI’s fundraising round as a result of the investment. At an estimated $830 billion valuation, OpenAI is looking for up to $100 billion in capital and is getting ready for a possible $1 trillion IPO. Microsoft, Nvidia, and Amazon.com, Inc. (NASDAQ:AMZN) are reportedly talking about investments, while SoftBank may contribute up to $30 billion.

Separately, Reuters revealed on January 28, 2026, that Amazon.com, Inc. (NASDAQ:AMZN) had verified 16,000 corporate job layoffs, fulfilling expectations for around 30,000 since October. The cuts are its biggest layoffs, accounting for over 10% of its workers. The firm cited efforts to decrease bureaucracy and increase efficiency and stated that future changes are possible. The layoffs come after store closures and discontinued initiatives, and they affect AWS, Alexa, devices, advertising, and delivery operations. On the same day, shares dropped by 2.1%. The company will release its results next week.

Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and marketplace for third-party sellers.

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