$Amazon.com(AMZN)$ They’re probably one of the very few companies who’s willing to spend for their own infrastructure and supply chain and not being dependent on outsourcing.

Wall Street simply has the “better risk it than miss it” mindset and that’s what I’ve experienced decades ago and it’s still unchanged. It’s generative AI and definitely beneficial to the public but part of it that we don’t see is how it will improve businesses. The most noticeable benefits are labor productivity, customer experience and generative design of RD.

Realistically speaking, technology development is better to be done by top companies with rich cash rather than SMEs. Singularity is meant to be full of doubts. I have faith in Amazon after all.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet