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Markets · Investing · Business
Finance
This Latest Move by Amazon Could be a Game Changer
While cloud computing is its biggest breadwinner, the company hasn't forgotten its roots.
Over the years, Amazon(NASDAQ:AMZN) has evolved. The company began its journey as a humble online bookseller before expanding its offerings and eventually earning the title of the "everything store." Its work in cloud computing helped kick-start an industry that positioned the company perfectly for the broad adoption of artificial intelligence (AI) to come. In fact, cloud and AI have become Amazon's biggest growth drivers, but the company hasn't abandoned the e-commerce business that gave the company its start.
Indeed, the latest move by Amazon may be its biggest move yet to dominate the retail industry.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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