Is Amazon the Best AI Stock to Buy Right Now? Read What Andy Jassy Just Said. [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
It's up 5% for the year so far, but the Federal Reserve continues to push off its interest rate cuts, signaling that the economy is still facing challenges. But there's been lots of good news for investors, too. Amazon (NASDAQ: AMZN) released its 2024 first-quarter results last week, and they packed a punch. All of Amazon's businesses are moving in the right direction, but there was specific focus on what generative artificial intelligence (AI) is bringing to the table right now. Is Amazon the best AI stock to buy right now? Consider what CEO Andy Jassy said on the earnings call. The AI component Amazon has used AI for ages in all of its segments, but it's been more of a behind-the-scenes kind of thing. The "old" AI is data analytics and machine learning that helps companies instantly compile data and develop insights that inform their operations. For example, Amazon has troves of data about what its customers buy. If you're looking at a particular vacuum cleaner, it can suggest
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News
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website