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Analyst Says Amazon.com (AMZN) Should ‘Continue to Compound' – Here's Why [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Inc (NASDAQ:AMZN) stands against other top stocks to watch as AI trade dynamics change. Aswath Damodaran from NYU Stern School of Business said in a recent program on CNBC that AI “buzzwords” are not boosting the market anymore as investors grow more concerned about capital spending. “I've said about data centers we've gotten way ahead of the game. I mean, the AI product and service business, which ultimately is what has to pay for all of this, has not taken off in any substantial way. I'm hard-pressed to think about any company making significant money from the AI product and service business.” Damodaran said that the “sobering” of the AI trade started in September last year and the DeepSeek breakthrough in China also had an impact on the industry. “It's part of, I think, what you see almost every buzzword in history in the last four decades. I call these the ‘bar mitzvah moment,' where people wake up and say, ‘Okay, there's a lot of promise here, but show me something that I
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