True, Amazon's top line isn't growing as fast as Nvidia's. In the third quarter, Amazon's revenue increased 11% year over year to $158.9 billion. The company's net income of $15.3 billion was up 54.5% from the year-ago period.
I tried two of Amazon’s AI helpers - the Rufus chatbot and AI-powered product research guides released in October - for my holiday shopping dilemmas and questions.
Amazon ( AMZN -0.86%) stands out because it has delivered this whopping gain and still has a long road ahead. The market wasn't so sure about this before artificial intelligence (AI) burst onto the scene two years ago, but in Amazon style, it has developed a robust AI platform that's becoming a massive tailwind for its business.
In the new year, advancements in AI and voice technology could fulfill a promise that tech giants have been making for more than a decade.
The AI boom was the biggest story in 2024, and it looks like Term Sheet readers think it’ll be the biggest story in 2025.
Tech leaders like Bill Gates and Amazon's Werner Vogels expect changes in the workforce and consumer tech habits in 2025.
These three AI stocks, in particular, are all trading at reasonable valuations and look like smart buys right now.
Rather than focusing on quarterly earnings beats or temporary market sentiment, my investment strategy centers on identifying companies that can compound value over many years or even decades. While many view the current AI boom skeptically,
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Personally, I have found the base model Amazon Kindle (2024) that I purchased to be good enough for the basics. After all, as long as I can read on an e-ink display, it’s getting the job done. Right?
For those who are looking to transition to eBook readers and have an extra few bucks saved up, the Amazon Kindle Scribe is one of the best all-in-one devices there is in the market that not only allows users to read books but also take notes, now available starting at $400.
AI is a real investment in something that even less experienced investors can understand where big-league returns may arise.