Mag7 and Beyond: Top 10 AI News Updates and Ratings

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 339

Amazon.com Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On March 31, the company released a new AI model, Nova Act, which can take actions in a web browser on a user’s behalf. The model aims to help developers build agents, or AI software that can complete multi-step tasks for users without supervision. With many companies building their own AI agents, the model is an important step forward for the company in the race toward AI supremacy. The move puts it in direct competition with competitors such as OpenAI and others that have developed such “agents.”

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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