finance.yahoo.com / Yahoo! Finance
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2024-11-22 11:36:23
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wss://articles.layer3.newsPublished at
2024-11-22 11:36:23Event JSON
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"Meet the Supercharged Growth Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2028."
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"Amazon's market cap has grown significantly over the past 20 years, from $283 billion in 2004 to $2.1 trillion today. The company's growth is driven by its leadership positions in e-commerce, cloud computing, and AI. Amazon's advertising segment is also growing rapidly, and the company's position as a cloud leader gives it an advantage in dispensing AI models and selling related services. The company's revenue is expected to grow by 11% annually over the next five years, which could push its market cap to $3 trillion by 2028."
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