Markets· August 16, 2026 at 03:17 p.m.
Peter Thiel Invests Heavily in Amazon, Signaling Confidence in AI Boom
Key takeaways
- Peter Thiel invests $118 million in Amazon
- Amazon reports strong earnings with AWS sales surging 37%
- Thiel Macro's investment underscores admiration for Amazon's business model
Peter Thiel's Thiel Macro hedge fund has made a significant investment of $118 million in Amazon (AMZN), making it the largest position in his rebuilt public-equity portfolio. This move comes after Amazon reported strong earnings, with AWS sales surging 37% to $42.2 billion and operating income rising to $16.6 billion. The investment underscores Thiel's admiration for Amazon's business model and his belief in the potential of AI.
