Think It's Too Late to Buy Amazon? Here's the Biggest Reason Why There's Still Time.
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Amazon's stock has seen remarkable growth, up over 233,000% since its market debut. CEO Andy Jassy emphasizes the ongoing shift to cloud services, with Amazon Web Services (AWS) leading the market. AWS accounts for 63% of Amazon's operating income and is growing rapidly. Jassy notes that a significant portion of IT spending remains on-premises, but this is expected to change in the next 10-20 years, especially with the rise of AI. Amazon is investing over $100 billion in AI development in 2025, positioning itself for future growth, making its stock a worthwhile investment.
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