Shares of Amazon.com, Inc. (AMZN) recently boosted the market after reporting strong quarterly earnings, contributing to a 0.61% increase in the tech-heavy Nasdaq on October 31.
One breakthrough technology would shape Amazon’s destiny
According to Jeff Bezos, this statement caught Wall Street's biggest analysts off guard. A year later, Amazon's new CEO Andy Jassy described generative AI as a
once-in-a-lifetimetechnology, already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted significant growth in humanoid robots, estimating at least 10 billion by 2040, priced between $20,000 and $25,000, potentially worth $250 trillion.
Author summary: Top stocks performance reviewed.