Recent Market Trends
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%.
One breakthrough technology would shape Amazon’s destiny
according to Jeff Bezos. 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.
Predictions for the Future
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. According to Musk, this technology could be worth $250 trillion by 2040.
Author's summary: Top stocks perform well.
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