Reported about 5 hours ago
Tony Wang, a portfolio manager at T. Rowe Price, highlights three major factors bolstering Amazon's prospects: improving retail margins due to e-commerce growth and a healthier consumer base, the continued expansion of Amazon Web Services (AWS), and a booming advertising sector. Wang emphasizes the importance of cost-saving measures and advancements in AI technology, noting that Amazon's extensive resources position it well for future success in the AI market.
Source: YAHOO