AMZN
September 2, 2026 | AMZN, Daily JAM, GOOG, Mid Term |
The blended earnings growth rate for the other 493 S&P 500 companies for the second quarter of 2026 was 31.8%, which is the highest earnings growth rate reported by this group of companies since fourth quarter of 2021 (32.4%). Why only 493 companies? Ah, the Magnificent 7 stocks. A special case as in other recent quarters. The “Magnificent 7” companies reported actual earnings growth of 118.5% for the second quarter, which is the highest earnings growth rate reported by these seven companies going back to at least the fourth quarter of 2020 (when Tesla joined the S&P 500). The top five contributors to earnings growth for the S&P 500 for the second quarter of 2026 were (in order) Alphabet, Amazon.com, Micron Technology, NVIDIA, and Chevron. Three of the top five contributors are “Magnificent 7” companies. But this is where that asterisk coomes in.
August 16, 2026 | AMZN, Daily JAM, GOOG, INTC, Morning Briefing, NVDA, Short Term |
Tech giants like Amazon (AMZN) and Alphabet (GOOG) have powered the stock market to record highs. But in recent months, a big driver of those two companies’ profits came from an unusual source: The increasing value of their investment stakes in artificial intelligence companies, according to a really important piece (in my opinion) by Joe Rennison in the New York Times on August 14. “Over 70% of Alphabet’s net quarterly income came from investments in other companies, and in particular, in Elon Musk’s SpaceX, according to a recent regulatory filing and analysis from Satori Insights, a financial markets research firm. SpaceX went public in June in the biggest initial public offering ever. Investment gains also accounted for roughly 65% of Amazon’s net income, largely stemming from its stake in Anthropic, a leading A.I. start-up that is also planning to go public. Those gains underscore a growing vulnerability in the broader stock market: The companies that keep pushing the market higher are increasingly dependent on each other’s success.” “It’s circular,” Matt King, founder of Satori Insights, told the Times. “What’s funding A.I. is now increasingly more A.I.”
July 18, 2026 | AAPL, AMD, AMZN, ASML, AVGO, Daily JAM, GOOG, INTC, Jubak Picks, MRVL, MSFT, NVDA, Top 50 Stocks |
The iShares Semiconductor ETF (SOXX), which stacks the Philadelphia Semiconductor Index (SOX) has moved into Bear market territory with a drop of more than 20% from its June 22 high. The Philadelphia Semiconductor Index is marginally short of the 29% drop that defines a Bear market. The pain was by no means equally distributed.
July 7, 2026 | AMZN, Daily JAM, Long Term, Top 50 Stocks |
Amazon (AMZN) has become the latest company to sell bonds to fund its AI ambitions. The company is looking to raise at least $25 billion from a U.S. dollar bond sale.
The deal would also boost total AI-related bond sales this year to about $335 billion globally, or more than twice the levels seen in 2025, according to Bloomberg data.
May 27, 2026 | AMZN, Daily JAM, GOOG, Jubak Picks, Mid Term, MSFT, Top 50 Stocks |
Artificial intelligence infrastructure spending is poised to become the dominant force behind S&P 500 earnings growth over the next two years, according to new analysis from Goldman Sachs. Goldman Sachs projects that beneficiaries of AI infrastructure investment will account for roughly half of S&P 500 earnings per share growth in both 2026 and 2027. That’s two years–for the math challenged.
April 26, 2026 | AAPL, AMZN, Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
This week brings a huge earnings test for AAPL, AMZN, GOOG, META and MSFT. I’m going to sell Microsoft out of my 12-18 month Jubak Picks Portfolio on Monday, April 27, ahead of the earnings report. That position is up 319% since I initiated it on June 14., 2018. I am keeping Microsoft in my long-term 50 Stocks Portfolio. That position is up 40% since I initiated it on January 18, 2022.
April 18, 2026 | AAPL, AMZN, Daily JAM, GOOG, MSFT, NVDA, TSLA |
The Magnificent Seven stocks–Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla–now account for about 35% to 40% of the market cap of the Standard & Poor’s 500 index.
February 9, 2026 | AMZN, Daily JAM, GOOG, Jubak Picks, Morning Briefing, Top 50 Stocks |
Alphabet/Google (G00G) borrowed another $20 billion in its biggest ever U.S. dollar bond sale on Monday. And that’s just the beginning. The company is also planning debut deals in Switzerland and the UK. Including the sale of 100-year bonds.
Drum role, please: That would be the the first time a tech company has tried a 100-year offering since the Dotcom boom of the late 1990s. (Remember how that ended?) The big borrowing spree comes just days after tech companies from Meta Platforms (META) to Amazon.com (AMZN) said they were ramping up capital spending to build out infrastructure for AI. Those capital spending plans sent AI sector stocks into a steep decline on fears that AI companies would not be able to generate the cash flow needed to fund these capital spending plans. But that was sooo last week.
November 2, 2025 | AMZN, Daily JAM, GOOG, Jubak Picks, Mid Term, MSFT, Short Term, Top 50 Stocks |
No slowdown on plans for AI capital spending in earnings results this past week from Big Tech. Alphabet/Google (GOOG) said it was increasing what it planned to spend on A.I. data center projects this year by $6 billion, after spending nearly $64 billion over the past nine months. Microsoft (MSFT) said it had spent $35 billion in its latest quarter, $5 billion more than it had told investors to expect just a few months ago.
Amazon (AMZN) said it would be “very aggressive” in adding more data centers and would spend $125 billion this year-— and even more next year. Meta Platforms (META) raised its spending forecast to at least $70 billion by the end of the year, which would be nearly double what it spent last year. The stock market reaction wasn’t unalloyed joy. Investors seemed generally positive on spending plans from Alphabet, Microsoft, and Amazon. And skeptical of Meta’s strategy and spending.
April 16, 2025 | AMZN, Daily JAM, Top 50 Stocks, Videos |
Today’s Quick Pick is Amazon.com (AMZN)–despite the current tariff panic. While the stock is down due to the broad market sell-off and concerns over tariffs impacting its supply chain, I believe Amazon’s size and logistical power will help it mitigate these challenges. The company can pressure suppliers, adjust pricing algorithms, and shift sourcing to keep costs lower than competitors, potentially gaining an edge as inflation rises. Though these advantages may not be evident in the upcoming April earnings report, I expect Amazon to emerge stronger in the long term, making it a compelling buy once the market shifts from indiscriminate selling to evaluating winners and losers.
March 7, 2025 | AAPL, AMZN, Daily JAM, Mid Term, Top 50 Stocks |
Apple (AAPL) has confirmed that it’s delaying the release of a new AI Siri digital assistant. The company now expects to roll out the software sometime “in the coming year.” The effort will give Siri “more awareness of your personal context, as well as the ability to take action for you within and across your apps,” the iPhone maker said in a statement. “It’s going to take us longer than we thought to deliver on these features.” Apple’s struggles to finish the new AI capability for Siri has been a one secret for the last month or so after Bloomberg’s Mark Gurman reported on the delay. The Siri AI features were first touted in June 2024 at the company’s Worldwide Developers Conference. When Apple announced the features at WWDC, it didn’t provide an arrival date for the Siri upgrade, Gurman reported. Within the company, though, the plan was to include the new technology in iOS 18.4, which comes out in April.
February 14, 2025 | AAPL, ACAD, AGN, ALV, AMZN, AUY, BABA, BG, BGC, BHP, BMY, CHK, CMI, CNI, COH, CSCO, CX, Daily JAM, DD, DE, DHR, DXJR, EBAY, ENB, EUM, FB, FCX, FLR, FLS, FTV, GLD, Jubak Picks, MPC, OGXI, OKS, PEP, PFXF, POT, PXD, QCOM, RSPP, RYN, SDRL, SFTBY, SH, SLB, SPWR, Videos, Volatility |
Today’s Hot Money Moves NOW is China Buys More Gold. Gold seems like a good asset to own right now but it’s also trading at record highs. So while gold is safe, especially if inflation goes up, how much higher do you expect gold to go? One thing to look at it is who is emerging as a buyer. Central banks have been buying gold to hedge risks and diversify, which has contributed to the record highs. Recently, the Chinese government announced that 10 big Chinese insurance companies will now be allowed to put up to 1% of their portfolios into gold. This hasn’t been allowed in the past and will provide about $27 billion for new gold buying. This is also just another sign that countries and businesses are looking to hedge risk by buying gold and it’s one of the safer places to be in an uncertain market.
