Amazon stock extended its slump despite officially overtaking Walmart for top company by revenue.

After taking a beating in the stock market through the last 30 days, Amazon (NASDAQ: AMZN) received something of an institutional boost on February 18 when Bernstein confirmed its bullish outlook for the blue-chip.

Fidelis Capital Partners LLC grew its stake in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 7.4% during the undefined quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 112,250 shares of the e-commerce giant's stock after purchasing an additional 7,774 shares during the period. Amazon.com makes up about 1.9% of

Patton Albertson Miller Group LLC trimmed its position in Amazon.com, Inc. (NASDAQ: AMZN) by 35.1% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,447 shares of the e-commerce giant's stock after selling 6,193 shares during the quarter. Patton Albertson Miller Group LLC's holdings

OpenAI is close to finalizing the first phase of a record-breaking funding round expected to bring in more than $100 billion, according to Bloomberg. This capit

Paragon Advisors LLC trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 19.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,709 shares of the e-commerce giant's stock after selling 6,555 shares during the period. Amazon.com accounts

Strategic Advisors LLC increased its position in Amazon.com, Inc. (NASDAQ: AMZN) by 2.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,887 shares of the e-commerce giant's stock after buying an additional 3,014 shares during the period. Amazon.com accounts for about 4.4%

Private Wealth Asset Management LLC lifted its holdings in Amazon.com, Inc. (NASDAQ: AMZN) by 14.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,678 shares of the e-commerce giant's stock after buying an additional 3,074 shares during the period.

Amazon is investing to protect its cloud leadership. Salesforce is eye-poppingly cheap, with AI concerns arguably overblown.

Foundations Investment Advisors LLC increased its holdings in shares of Amazon.com, Inc. (NASDAQ: AMZN) by 7.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 258,029 shares of the e-commerce giant's stock after purchasing an additional 16,830 shares during the period. Amazon.com