Most mega-cap and Mag 7 names are either asset-light platforms or asset-heavy industrials. Amazon is one of the very few that owns the dirt and the compute. That dual ownership, hardened by $44.2 billion of Q1 CapEx and a stated $200 billion CapEx plan for 2026, is the rarest setup in the market. The hard-asset ... Here’s Why Amazon (AMZN) Might Be the Ultimate Hard-Asset and AI Infrastructure Stock