Amazon is on pace to have $127.4 billion in cash and short-term investments by the end of this year, tripling the amount from 2018.
By 2027, Amazon is forecast to have almost $400 billion in cash, far outpacing its Big Tech rivals, which is an astounding transformation.
Wall Street is closely following this and questioning whether Amazon plans to return some of its cash in the form of buybacks or dividends.
Mark Mahaney noted, 'It's hard to see why Amazon would need THAT MUCH cash on its balance sheet,' highlighting Wall Street's concern.
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