Alto9’s Post

Amazon reaches a $2 trillion market cap, driven by an AI-fueled rally and AWS's robust growth. This milestone places Amazon among tech giants like Alphabet, Nvidia, Microsoft, and Apple. Strategic restructuring and investor confidence in AI have propelled Amazon's stock up 27% YTD. Explore the full story at https://lnkd.in/dABDbJfK #Amazon #TechInnovation #AWS #MarketTrend

Amazon has just increased its commitment to Anthropic with an additional $4 billion investment, totaling $8 billion. This move—part of a larger strategy to bolster its presence in the AI landscape—further solidifies Amazon's position alongside existing offerings like AWS

Amazon.com has achieved a market valuation of $2 trillion for the first time, driven by a rally in artificial intelligence technologies. The company's shares rose by 3.9% to close at $193.61, marking a significant milestone in its growth trajectory. This achievement places Amazon in an exclusive group of tech giants, including Alphabet, Nvidia, Microsoft, and Apple, which have surpassed similar market capitalizations. The surge follows a year of strategic cost-cutting and business restructuring, particularly in Amazon Web Services, which has shown renewed growth. #Amazon #TechNews #AI #StockMarket #AWS #Investing #TechGiants #Innovation #MarketMilestone #BusinessGrowth

Amazon Inc has achieved a significant milestone, surpassing $2 trillion in market value for the first time. This makes Amazon the fifth U.S. company to reach this level, joining the ranks of tech giants Microsoft Corp, Apple Inc, Nvidia Corp, and Alphabet. As people became more optimistic due to the artificial intelligence (AI) and expectations of potential interest rate cuts, the demand for technology related stocks increased. With investments in AI startups and the continuous growth of its cloud services through Amazon Web Services, the company is capitalizing on the AI boom and positioning itself for future success. This market capitalization milestone further strengthens Amazon’s position as a dominant player in the technology industry. #ThinkMarketing #Amazon #jeffbezos

Amazon.com reported quarterly results above Wall Street's expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth... Read More At:- https://lnkd.in/gqpatDpz Amazon #artificialintelligence #computinggrowth #news #NewsUpdate #newsfeed #DailyNews #IBWNews

Amazon, the business, has recently publicized news of big capital outlays. While Amazon, the stock, has maintained its continued upward momentum, a check of the 14 session momentum indicator for this stock is nearly flat. I use this indicator as a metric worth my attention when analyzing trade opportunities. It is a gauge of trading sentiment. Investors expressing some skepticism about how injecting significantly more cash into its datacenter infrastructure and Anthropic's ChatGPT competitor will help Amazon make substantially more money over the near-term future, looks smart to me. Lots of leading technology businesses are grappling with the costs resulting from today's leading deep learning software architectures. Massive back ends and massive compute constitute a very costly way of doing business, not only for a specific business, but for communities, nations, the world. The odds favor disruption sometime soon. If you trade securities for the so-called magnificent seven, or lower-tier competitors, does your risk calculus include the possibility of a big change in software architecture for deep learning algorithms? #optionstrading #datacenter #amazon #capex https://lnkd.in/eV8J_baB

Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services, reported Bloomberg. "The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft Corp. Sales growth at Amazon Web Services (AWS) slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities." https://lnkd.in/dWT-uHUv #datacentres #unitedstates

Amazon has achieved a market valuation of $2 trillion for the first time, driven by a rally in artificial intelligence technologies. The company's shares rose by 3.9% to close at $193.61, marking a significant milestone in its growth trajectory. This achievement places Amazon in an exclusive group of tech giants, including Alphabet, Nvidia, Microsoft, and Apple, which have surpassed similar market capitalizations. The surge follows a year of strategic cost-cutting and business restructuring, particularly in Amazon Web Services, which has shown renewed growth. #Amazon #TechNews #AI #StockMarket #AWS #Investing #TechGiants #Innovation #MarketMilestone #BusinessGrowth

Yes, AI can do many things, but NOT everything, at least NOT making love, nor what we are doing, by using our intellectual property (IP), a copyrighted multilingual metadata, in data analytics. Without metadata, NO data can be found. Metadata is an enabler. Without metadata, NO data can be found/retrieved, even by the most advanced technologies, like AI, NVIDIA chips, supercomputers, etc. https://lnkd.in/g-aJFnXR Experiment results showed that, with our intellectual property (IP), a copyrighted multilingual metadata, we are doing what AI, like ChatGPT, can't do in data analytics. Our IP can also make your information service UNIQUE in the world. Do you or any of your contacts need our expertise and our IP? We're selling, NOT just talking. " Thanks.

Amazon Bets $150 Billion on Data Centers Required for AI Boom (Source=Bloomberg) Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft Corp. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities.