On Friday, October 31, shares of tech giant Amazon.com, Inc. (AMZN) boosted the market after it reported strong quarterly earnings, with the tech-heavy Nasdaq increasing by 0.61%.
According to Amazon's former CEO, Jeff Bezos,
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.
At the 8th Future Investment Initiative conference, Elon Musk made a prediction about the future of robotics, stating 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's summary: Top stocks performance review.