Prediction: This "Magnificent Seven" Stock Will Be the Biggest Winner of the AI Boom [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
The idea is to identify tomorrow's winners today so that you can get in early and benefit from the growth to come. The AI market is expected to top $1 trillion by the end of the decade, so the opportunity for companies and investors could be vast. The good news is that many companies are likely to thrive, thanks to AI, which should boost their earnings and, eventually, their share prices, too. But one company in particular is positioned to potentially benefit more than any other. It's a member of the elite group of technology stocks dubbed the "Magnificent Seven," a reference to the 1960 Western. I predict that this stock will be the biggest winner of the AI boom over the long run. Let's take a closer look at the player that could score a win for your portfolio. An e-commerce and cloud computing leader When you think of AI, you may immediately think of the chipmakers that power these platforms. Many of them make great buys and are likely to excel in the near term, as well as t
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News
- New FTC transcript reveals juicy details on how Jeff Bezos and other top Amazon execs used disappearing messages [Business Insider]Business Insider
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- Amazon CEO Violated Labor Laws with Anti-Union Comments, NLRB Rules [Yahoo! Finance]Yahoo! Finance
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [TechCrunch]TechCrunch
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- AMZN's page on the SEC website