Is Amazon The Next Big AI Winner? One Analyst Thinks Wall Street Is Wrong
Amazon.com Inc (NASDAQ:AMZN) expects to report strong third-quarter results driven by online retail sales and its artificial intelligence capabilities.The Seattle-based company’s retail business is showing renewed strength. Plus, its cloud unit is set for a rebound. According to Bank of America Securities analyst Justin Post, Amazon is poised to address recent investor concerns about AI.Also Read: Amazon Defies Retail Slowdown, Sticking With 250,000 Holiday HiresPost, who maintains a Buy rating on Amazon, e ...