Amazon's Transformation: From Retail Leader to AI Powerhouse

Reported 1 day ago

Amazon (AMZN) is evolving beyond its roots as a retail giant into a formidable player in artificial intelligence, with a market cap of $2.4 trillion. Its cloud division, Amazon Web Services (AWS), is a key driver of this growth, contributing to a significant revenue increase and establishing its leadership in generative AI. The company continues to excel in retail logistics, advertising, and innovative technology while maintaining strong profitability and strategic investments, making it a compelling buy for long-term investors.

Source: YAHOO

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