Shares of Amazon.com, Inc. (AMZN) recently boosted the market after reporting strong quarterly earnings, with the Nasdaq increasing by 0.61%.
One breakthrough technology would shape Amazon’s destiny
According to Amazon's new CEO Andy Jassy, generative AI is a
once-in-a-lifetimetechnology being used to reinvent customer experiences. Elon Musk predicts that by 2040, there will be at least 10 billion humanoid robots, valued between $20,000 and $25,000 each, potentially worth $250 trillion.
Author's summary: Amazon's strong earnings boost the market.