From Nasdaq Inc.:

In 2023, Amazon and Shopify stocks soared by 82% and 124%, respectively. Amazon’s profitability, and stronger logistics in e-commerce, cloud computing, and artificial intelligence make it a strong bet, with forecasts for continued growth in 2024. Shopify is also thriving, with its expanding services and cost-cutting measures expected to yield results in the years to come. Despite the high current prices, both these tech giants are expected to grow in the long run.



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