Is Amazon ready for the AI Explosion?

2023-07-07

For those that have not heard, $Amazon.com(AMZN)$ has started their AI revolutionary plans some time back.

Amazon has a competitive advantage in artificial intelligence via the custom chips and services aimed at users of language models from Amazon. So far, Amazon has introduced generative AI serviced called bedrock, AI chips called Inferentia and Trainium.

All in all, be rest assured that Amazon is on top of its game and all ready to take away the pie in the AI wave. Stay tuned for more developments in Amazon AI aspects.

According to tip ranks, analysts 37 out of 38 analysts have rated Amazon as a buy, making it a strong candidate for purchase. Also, Amazon 12 month forecast is now projected at $141.08 which offers investors a potential upside of close to 10%. With that being said, please do your own due diligence before investing in the stock market. Invest safe!

@CaptainTiger @Daily_Discussion @MillionaireTiger @TigerStars

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Comments

HardyJenny
2023-07-07
HardyJenny
Amazon's stock price is 21 percent lower today than it was three years ago this week. Without a cushion of dividends, this has been a terrible long-term investment.
BorgPetty
2023-07-07
BorgPetty
Hedge funds are counting on the average investor to believe AMZN will go up after earnings. Who cares don’t trade AMZN let them be the bag holders for a change. Buy Bitcoin cash it’s the flippening!!!!
GriseldaBrown
2023-07-07
GriseldaBrown
Don’t buy AMZN shares or any others stock. Let the hedge funds be the bag holders for once. Buy BCH crypto Bitcoin cash that’s upgraded Bitcoin 2.0. The flip is happening now!!!
ColinThorndike
2023-07-07
ColinThorndike
Amazon dragging big time since December compared to the returns from Meta And tesla ,Microsoft, list goes on lame
XantheJuliana
2023-07-14
XantheJuliana
I think the price will go up until the results of the quarter, my target is $146 before the earnings report
shining87
2023-07-14
shining87
Hedge funds are counting on the average investor to believe AMZN will go up after earnings. Who cares don’t trade AMZN let them be the bag holders for a change. Take back investment control.

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