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Amazon.com, Inc. $AMZN Shares Bought by Cypress Wealth Services LLC
Cypress Wealth Services LLC increased its stake in Amazon.com, Inc. by 30.9% in the fourth quarter, making AMZN its 20th largest holding. While Amazon slightly missed EPS, it beat revenue expectations, and analysts maintain a “Moderate Buy” rating. However, the company faces headwinds including insider selling, a new seller surcharge, and a bargaining order from the NLRB, despite positive news regarding potential acquisition talks with Globalstar and sustained institutional interest.