From NASDAQ.: 2024-03-31 07:23:00

Amazon continues to dominate in e-commerce, accounting for 38% of all U.S. online sales. Despite some market share losses, its e-commerce segment is growing and expanding rapidly, with improvements in delivery times and an increase in product offerings. In a year, expect more products and faster delivery, solidifying Amazon’s lead.

Amazon Web Services (AWS) leads in cloud business, holding 31% of the market. Despite slower sales growth due to inflation, AWS is innovating with new AI services, forming major partnerships, and staying ahead in technology. Expect accelerated sales and market share growth for AWS within a year.

Amazon’s advertising business is booming, growing 27% year over year in Q4. Utilizing AI tools for precise customer targeting, Amazon’s advertising segment is high-margin and fast-growing. With a strong focus on AI and expansion into other sectors like healthcare and streaming, Amazon’s revenue is increasing and operating income is at an all-time high.

While Amazon is a dominant force across various industries, its core e-commerce business stands out. With continual advancements in delivery, product offerings, and market share growth, Amazon remains a top choice for customers. Expect more growth, innovation, and surprises from Amazon in the near future.



Read more at NASDAQ.: Where Will Amazon Stock Be in 1 Year?