On Friday, October 31, shares of tech giant Amazon.com, Inc. (AMZN) boosted the market after it reported strong quarterly earnings, with the tech-heavy 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-lifetime" technology being used across Amazon to reinvent customer experiences.
Fast forward a year, and Amazon is already utilizing this technology.
Author's summary: Top stocks performance review.