900 Reasons to Buy Amazon Stock Now

Cloud computing is set up for a very strong decade. The global cloud computing market is expected to reach about $1.9 trillion by 2030, growing at an estimated 18.7% compound annual rate. That pace is being driven largely by the accelerating adoption of artificial intelligence and machine learning across industries.

As a result, the picture that emerges is clear. Enterprises are moving more core workloads into the cloud and are unlikely to reverse course. Demand for scalable cloud capacity, therefore, looks both large and durable over many years, rather than like a short-lived spike.