{
  "disclaimer": "Goldirham Insight: educational research, not financial advice. Scores are editorial opinions, not forecasts. Simulated prices are illustrations, not market data.",
  "rows": [
    {
      "symbol": "AMZN",
      "name": "Amazon",
      "theme": "AWS is the AI cloud; retail margins are inflecting",
      "upside": 7.5,
      "safety": 8.5,
      "ai_exposure": 8,
      "review_status": "unreviewed",
      "reviewed_by": null,
      "reviewed_at": null,
      "review_sources": null,
      "thesis": "The biggest cloud franchise plus a structurally more profitable retail engine.",
      "why_it_could_work": "AWS is the largest cloud — a primary on-ramp for AI workloads | Custom AI silicon (Trainium / Inferentia) lowers cost to serve | Retail margins structurally improving (logistics, ads, automation) | Advertising is a high-margin, fast-growing third engine",
      "key_risks": "AWS growth and AI-capex timing drive the stock | Consumer-spending sensitivity in retail | Heavy investment cycles compress near-term FCF",
      "cycle_stage": "Re-accelerating — AWS AI growth plus rising retail profitability."
    }
  ]
}