Apple, Microsoft, and Alphabet predicted to surpass Amazon's market cap with growth drivers

From Nasdaq: 2024-08-11 04:35:00

1. Apple is predicted to outshine Amazon in market cap value by 2034, despite recent fluctuations. Apple’s possible growth drivers include a potential iPhone supercycle fueled by GenAI, and the advent of 6G technology. These factors could solidify Apple’s position as a market leader in the coming years.

2. Microsoft, with a market cap nearing $3 trillion, stands as a formidable competitor to Amazon. Both companies benefit from cloud service growth, with Microsoft’s partnership with OpenAI enhancing its AI capabilities. Future large language models and advancements could propel Microsoft’s and Amazon’s growth in the tech sector.

3. Alphabet, with a market cap similar to Amazon, could maintain its lead in the market for the next decade. Alphabet’s Google Cloud service and AI expertise could drive significant growth, with potential advancements in AI-powered agents and quantum computing. The company’s focus on emerging technologies positions it as a substantial player in the tech industry.



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