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Amazon Dumps AMD Stock, Doubles Down On Rivian - Advanced Micro Devices (NASDAQ:AMD), Rivian Automotive (NASDAQ:RIVN), Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-11-06 04:27
While investors are chasing Advanced Micro Devices Inc (NASDAQ:AMD) and Rivian Automotive Inc (NASDAQ:RIVN) on today's trending stock tickers list, Amazon.com Inc's (NASDAQ:AMZN) portfolio shows a clear favorite — and it's not the one leading the AI rally. In its latest third quarter 13F filing, Amazon revealed it sold out of both AMD and IonQ Inc (NYSE:IONQ) — while keeping a massive 94% of its $2.46 billion equity portfolio parked in RIVN stock.Track RIVN stock hereAmazon's EV ObsessionAmazon's third quar ...