While it’s partly commentary, the news points to concrete operational/product and AWS business developments (robot deployment timeline into early 2027 and a large AWS long-term infrastructure deal), which can support a bullish near-to-medium term sentiment for AMZN.
Amazon (AMZN): Top 10 Chase Coleman Stock To Buy Venkatesh Mon, June 8, 2026 at 7:12 PM GMT+2 2 min read AMZN Amazon. com, Inc. (NASDAQ: AMZN ) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio .
Amazon (AMZN): Top 10 Chase Coleman Stock To Buy On June 4, 2026, Amazon. com, Inc. (NASDAQ:AMZN) unveiled its next-generation Proteus autonomous robot as part of a €10 billion investment to modernize its European fulfillment network.
The updated technology uses advanced AI to interpret natural-language commands from employees, eliminating the need for technical programming. Proteus can operate across fulfillment and delivery sites and handle strenuous tasks such as moving 400-kilogram carts over long distances. Alongside expansions of the Vulcan and STARK robotic systems, this modernization initiative aims to support the company’s European fulfillment workforce expansion by 25,000 employees over the coming years.
Currently piloted in the company’s labs, Proteus is planned for European deployment in early 2027. On the same day, in a separate event, Pinterest (PINS) signed a $4 billion AI infrastructure deal with Amazon. com, Inc.
(NASDAQ:AMZN)’s AWS through 2031. The deal marks the largest infrastructure commitment in Pinterest’s history. The platform will leverage AWS Trainium and Graviton chips to train and scale AI models and to power visual search for 600 million monthly users worldwide.
Founded in 1994, Amazon. com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing.
The Washington-based company has invested heavily in vertical integration by designing its own specialized microprocessors, including Trainium and Inferentia, to scale AI models efficiently. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: Leopold Aschenbrenner’s Portfolio: 10 Best Stocks to Buy and Steve Cohen Stock Portfolio: Top 10 Stock Picks Disclosure: None. Follow Insider Monkey on Google News .
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