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what stock could be worth 35 amazons

by Torrey Yost Published 3 years ago Updated 2 years ago
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The CEO of ARK Investments takes Bezos further: “We think [it] could approach $17 trillion in market cap — which would be 35 Amazons.” WHAT in the world could be worth 35 Amazons? The answer is a radical breakthrough that Wired says is “the rocket fuel of the AI.”

Full Answer

Is Amazon really worth 35 Amazons?

The CEO of ARK Investments takes Bezos further: “We think [it] could approach $17 trillion in market cap — which would be 35 Amazons.” WHAT in the world could be worth 35 Amazons?

Which 5 stocks could be the next Amazon?

The quote about 35 Amazons is "the market cap" rather than "the stock" so there are probably other stocks that are grouped in that would be worth looking at in whichever service they're talking about (likely the Extreme Opportunities: AI service).

Is Amazon (AMZN) the best stock in history?

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Is Ai worth 35 Amazon Amazons?

The CEO of ARK Investments takes Bezos’ statement one-step further: “We think [it] could approach $17 trillion in market cap — which would be 35 …

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What in the world could be worth 35 Amazons?

The CEO of ARK Investments takes Bezos' statement one-step further: “We think [it] could approach $17 trillion in market cap — which would be 35 Amazons.” WHAT in the world could be worth 35 Amazons? The answer is a radical breakthrough that Wired says is “the rocket fuel of the AI boom.”

Which stock could be like buying Amazon in 1997?

“The bad news – there's no time machine. The opportunity to get into Amazon when its market cap was just $438 million is gone forever. “The good news – there's a recently-IPO'd e-commerce microcap eerily similar to Amazon in 1997.

What is the rocket fuel of AI?

Graphics technology is rocket fuel for AI

As a result, NVIDIA has opened the door to new markets the last few years, including self-driving cars and robotics, healthcare imaging, and retail operations management.
Jan 4, 2020

What new technology is the key to Amazon's future?

What emerging technology is key to Amazon's success? It is Amazon's CEO. com Inc. Amazon's chairman, Jeff Bezos, said in his annual letter to shareholders that Artificial Intelligence (AI) is essential for the company's future success.

Is Amazon's stock price overvalued?

There are two possible and non-mutually-exclusive conclusions we can draw from these numbers: Amazon was undervalued in 2021, while the Nasdaq Composite, which had an exceptional year, was overvalued. A market-scale drop hit the overinflated Nasdaq much harder than AMZN shares.Apr 4, 2022

Should I invest Venus Concept?

Venus Concept Inc.

may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of VERO, demonstrate its potential to underperform the market. It currently has a Growth Score of A.

What AI stock is Jeff Bezos buying?

Jeff Bezos reportedly invests in Altos Labs, the latest startup trying to extend human life. Amazon ex-CEO Jeff Bezos has been looking to space for humanity's future. But the world's richest man is also trying to extend humanity's lifespan here on Earth, according to a report in MIT's Technology Review.Sep 7, 2021

What is the best AI company to invest in?

The 10 best AI companies:
  • Nvidia Corp. (NVDA)
  • Alphabet Inc. (GOOG, GOOGL)
  • Amazon.com Inc. (AMZN)
  • Microsoft Corp. (MSFT)
  • International Business Machines Corp. (IBM)
  • Meta Platforms Inc. (FB)
  • DocuSign Inc. (DOCU)
  • Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)

Who is the leading AI company?

IBM has been a leader in the field of artificial intelligence since the 1950s. Its efforts in recent years center around IBM Watson, an AI-based cognitive service, AI software as a service, and scale-out systems designed for delivering cloud-based analytics and AI services.Mar 30, 2022

What is the AI company behind Amazon?

What is the AI company behind Amazon? With its cloud computing platform, Amazon Web Services (AWS), the company is one of the leaders in both the cloud infrastructure market and the artificial intelligence space. Amazon Web Services' voice recognition and speech-to-text tools use AI to transform spoken words into text.

What companies does Amazon own?

Amazon owns over 40 subsidiaries, including Amazon Web Services, Audible, Diapers.com, Goodreads, IMDb, Kiva Systems (now Amazon Robotics), Shopbop, Teachstreet, Twitch, Zappos, and Zoox.

What are two things that Jeff Bezos company has changed in our society?

8 Great Amazon Innovations
  • Prime. ...
  • Prime Now. ...
  • Prime Air. ...
  • One-Click Purchases. ...
  • Dash Button. ...
  • Alexa. ...
  • Kindle. ...
  • Cloud Computing.

Is Jeff Bezos bullish?

Amazon’s Jeff Bezos is bullish on an incredible technology. Amazon’s Jeff Bezos stunned investors recently when he revealed that one emerging technology is the key to Amazon’s future success…. In fact, Bezos argues that “it’s hard to overstate the impact” of this game-changing technology.

Is past performance a predictor of future results?

Past performance is not a predictor of future results. Individual investment results may vary. All investing involves risk of loss. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Rex Moore owns shares of Baidu.

Who is the CEO of Baidu?

Baidu CEO Robin Li pivoted his entire company — which includes his $12.9 million stake -- to take advantage. Even super investor Warren Buffett says that it will have a "hugely beneficial social effect”. When so many successful people are all saying the same thing, it usually pays to listen.

Stocks That Could Be the Next Amazon: Square (SQ)

Thanks to a snapback rally from March lows, Square stock is back to being dearly expensive. It touched $38 during that dip and trades now well above $200.

JD.com (JD)

In China, JD.com is the company closest to following Amazon’s model. While rival Alibaba (NYSE: BABA) gets most of the attention, it’s JD.com that truly should be called the “Amazon of China.”

Shopify (SHOP)

The bull case for e-commerce provider Shopify is precisely that it is the next Amazon — with a twist.

Roku (ROKU)

Amazon got its start selling books online, which is not a great business. Roku drove its early growth by selling hardware for streaming video, which, isn’t great business either.

Chegg (CHGG)

Like Amazon, Chegg got its start with books. In Chegg’s case, it was a rental service for hard-copy college textbooks.

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