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Benzinga
Benzinga
Business
Anusuya Lahiri

Amazon Poised For Big 2026 Breakout, Says Analyst

Tula,,Russia,-,November,04,,2020:,Amazon,Logo,On,Iphone

Amazon.com. Inc (NASDAQ:AMZN) is showing strong momentum in its core retail business and significant underlying growth in its Amazon Web Services (AWS) cloud division, driven by accelerating demand for its artificial intelligence services.

A healthy retail division, accelerating AI demand within its cloud unit, and a rapidly expanding advertising business are positioning Amazon for continued growth and improved profitability.

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