Markets are digesting all the hyperscaler spending on the AI buildout, says Arun Sundaram, pointing to Amazon's (AMZN) $200 billion CapEx goal as something for investors to watch. However, the Mag 7 giant's fastest-growing tech businesses are also the most profitable. Arun highlights strengths he sees for the company's growth, including Amazon Leo and ways it serves as a competitor to SpaceX's (SPCX) Starlink. Tom White offers an example options trade for Amazon's stock.