Amazon is predicted to maintain dominance in cloud services and AI, leading to positive outlook.

From Nasdaq: 2024-12-22 05:05:00

In early 2024, predictions for Amazon (NASDAQ: AMZN) stock were made. Amazon’s cloud growth reaccelerated, with AWS revenue up 18% YoY in 2024. Amazon’s AI initiatives were successful, with SageMaker named a top AI tool. Amazon surpassed $2 trillion market cap, joining Microsoft and Apple in the club.

Amazon is expected to continue leading in cloud services, with AWS controlling 33% market share. AWS annualized revenue run rate is $110 billion. Despite stiff competition from Google Cloud and Microsoft Azure, Amazon is predicted to maintain its cloud dominance in 2025.

Amazon is poised to become the AI leader, challenging Microsoft’s current position. With a focus on machine learning and generative AI features, Amazon aims to outpace its competitors in AI development. Amazon’s expanding list of AI tools is expected to solidify its leadership in the AI space.

Amazon’s e-commerce business is set to become more profitable, with a focus on cost-saving measures and automation. By optimizing logistics and fulfillment centers, Amazon has seen a significant increase in operating income. The company’s cost-cutting initiatives are predicted to further boost profitability in the future.



Read more at Nasdaq: 3 Amazon Stock Predictions for 2025