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Amazon.com, Inc. (AMZN) reported strong quarterly earnings on October 31, boosting the market and increasing the Nasdaq by 0.61%.
One breakthrough technology would shape Amazon’s destiny
According to Jeff Bezos, and Amazon’s new CEO Andy Jassy described generative AI as a
once-in-a-lifetimetechnology. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, priced between $20,000 and $25,000, and potentially worth $250 trillion.
Author summary: Amazon leads market with strong earnings.
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