George Soros Invests in Amazon and Google, Targeting ‘Magnificent 7’ Stocks

Bassyonni

ago 2 hours

George Soros Invests in Amazon and Google, Targeting ‘Magnificent 7’ Stocks

George Soros has made significant investments in major technology companies amidst the ongoing AI revolution. His fund has notably targeted Amazon and Alphabet, two corporations recognized among the ‘Magnificent 7’ stocks attracting attention for their AI advancements.

Soros’ Investment Strategy

Although Soros has previously expressed concerns about AI’s impact on society, his recent moves suggest a shift toward capitalizing on its potential. Soros Fund Management, which currently oversees assets worth $28 billion, has taken substantial positions in AI-related stocks.

Amazon: A Leader in AI

Amazon, initially founded as an online bookstore, has evolved into a global leader in e-commerce and technology. The company is now deeply integrated into several sectors including cloud computing, logistics, and entertainment.

Amazon Web Services (AWS) contributes significantly to its growth, with a year-over-year sales increase of 20%, reaching $33 billion in Q3 2025.
Soros Fund Management acquired 1,843,329 shares of Amazon, raising its total holdings to 2,226,187 shares valued at approximately $504 million.

Analysts remain optimistic about Amazon’s prospects in AI, citing its use of generative AI to enhance product offerings and business strategies. Laura Martin from Needham rates Amazon’s stock as a Strong Buy, with a target price of $265, indicating a potential 17% return over the next year.

Alphabet: Innovating Through AI

Alphabet, the parent company of Google, also stands at the forefront of AI innovation. It integrates AI technologies across its core services, including search and cloud computing.

Alphabet has heavily promoted its latest AI model, Gemini 3, which significantly outperforms its predecessor.
Soros Fund Management increased its stake in Alphabet by purchasing 631,397 shares, totaling 658,367 shares worth about $210 million.

Shyam Patil from Susquehanna anticipates strong growth for Alphabet, emphasizing their strategic investment in AI. He has rated GOOGL shares as Positive, with a price target of $350, suggesting a potential 10% return within a year.

Market Consensus

Both Amazon and Alphabet have achieved the ‘Strong Buy’ rating from analysts. The investment community is bullish on these companies, driven by their innovative AI capabilities and solid business foundations. Investors can expect continued growth as these tech giants further integrate AI into their operations.

In conclusion, George Soros’s investments in Amazon and Alphabet highlight a strategic pivot to benefit from the burgeoning AI landscape. His actions suggest an acknowledgment of the immense opportunities presented by these companies, despite his earlier concerns about artificial intelligence.