Capital DailyCapital Daily
Markets · Investing · Business
Capital DailyCapital Daily
Finance

Palantir Billionaire Peter Thiel Buys an AI Stock Up 560% in 10 Years (Hint: Not Nvidia)

Billionaire investor Peter Thiel purchased stock in Amazon during the second quarter.

Palantir Billionaire Peter Thiel Buys an AI Stock Up 560% in 10 Years (Hint: Not Nvidia)

Published September 4, 2026 · Category: Finance

Overview

Billionaire Peter Thiel, co-founder of Palantir Technologies, runs the investment company Thiel Macro. The company sold its entire portfolio in Q3 2025 and did not buy stocks again until Q2 2026, when it added eight new positions. The largest was Amazon (NASDAQ: AMZN), an artificial intelligence stock up 560% in the past decade.

Interestingly, Thiel does not own a position in Nvidia. In fact, Amazon is the only technology company in his portfolio. The other seven stocks come from the energy sector, likely because he believes the massive power requirements of AI data centers will become a bottleneck.

Details

Regardless, investors should take a closer look at Amazon. Here are the important details.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.