AWS is experiencing strong multiyear revenue visibility, with advertising becoming a key profit driver. Amazon’s shares are nearing all-time highs and could continue to rise. The company’s cloud computing platform, AWS, saw revenues grow 20.2% to $33 billion in Q3, with advertising revenues increasing 22% to $17.7 billion. Amazon plans to invest heavily in expanding its AI infrastructure, which could drive further growth.
Despite reaching all-time highs, Amazon stock is poised for accelerated growth, especially in advertising and retail. Advertising is expected to bring in $68 billion in revenues by 2025, accounting for 35% of total operating income. Long-term investors may find Amazon stock a solid choice, despite potential short-term profit-taking pullbacks.
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Read more at Nasdaq: Is Amazon Stock Still a Buy After Hitting All-Time Highs?
