Shares of tech giant Amazon.com, Inc. (AMZN) boosted the market after it reported strong quarterly earnings on Friday, October 31, with the tech-heavy Nasdaq increasing by 0.61%.
Jeff Bezos noted that one breakthrough technology would shape Amazon’s destiny, surprising even Wall Street’s biggest analysts.
A year later, Amazon’s new CEO Andy Jassy described generative AI as a
“once-in-a-lifetime” technologythat is already being used across Amazon to reinvent customer experiences.
Elon Musk predicted at the 8th Future Investment Initiative conference that by 2040, there would be at least 10 billion humanoid robots, priced between $20,000 and $25,000, potentially worth $250 trillion.
Author summary: Top stocks performance review.