Amazon's Germany Investment 💰

Amazon tries to fend off Microsoft.

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Amazon's Germany Investment 💰

Amazon's (Nasdaq: AMZN) European expansion took a significant step on Wednesday with the announcement of a new €10 billion investment in Germany.

Details: Amazon is investing the funds to expand its logistics network and cloud infrastructure across Germany. It includes the creation of 4,000 new jobs this year.

Background: In May, Amazon Web Services (AWS) announced it was investing €7.8 billion in the AWS European Sovereign Cloud in Germany through 2040.

  • Also in May, AWS announced similar investments in Italy and Spain.

  • Last week, AWS said it was opening a new infrastructure region in Taiwan by 2025.

Early Bird’s Nest Egg Gains: This is all part of a large plan by AWS to expand its offering across the globe. While AWS is still the largest cloud infrastructure player, Microsoft (Nasdaq: MSFT) is edging close behind. In 2024, the market share for AWS dropped from 32% to 31% while Microsoft’s cloud market share reached an all-time high of 25%, according to Statista.

Final Thoughts: Amazon’s stock is flat in the last 30 days, even as the rest of the Nasdaq composite grew by 6%.


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Notable IPOs Today: N/A.

Notable Equity Crowdfunding Campaigns Ending Today: James Pelton Channel Drop (GigaStar).

Notable Economic Events Today: Jobless Claims (8:30 a.m. ET), Philadelphia Fed Manufacturing Index (8:30 a.m. ET), U.S. Current Account (8:30. a.m. ET), Building Permits (8:30 a.m. ET), Housing Starts (8:30 a.m. ET), Philly Fed Employment (8:30 a.m. ET), Crude Oil Inventories (11:00 a.m. ET), Fed's Balance Sheet (4:30 p.m. ET).

Link Technology GIF by Pudgy Penguins

Gif by pudgypenguins on Giphy

The price of Chainlink climbed over 3% on Wednesday due to a new partnership. Other cryptocurrency prices remained flat on Wednesday.

Details: Chainlink announced an integration partnership with Mode, a layer two blockchain that works with Ethereum.

Background: It’s one of many partnerships in recent weeks for Chainlink, including an integration with Aptos.

Final Thoughts: Despite the weeks of new integrations and partnerships, Chainlink is down 13% in the last 30 days due to weakness in the overall crypto market.

Autozone’s $1.5 Billon Stock Buyback

Autozone (NYSE: AZO) announced a $1.5 billion stock buyback on Wednesday. This was done to raise the stock price.

Background: The company announced a $2 billion stock buyback in December.

Final Thoughts: Autozone is up 15% this year, including a 1% gain in the last 30 days.

Party Like it’s 1999: Nvidia’s Ascent to Most Valuable Company Has Echoes of Dot-Com Boom (Wall Street Journal)

Cold Feet: How Permira killed the Golden Goose IPO (Financial Times)

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