tl;dr
Amazon's Chief Executive, Andy Jassy, highlighted the rebound in cloud computing and the potential of generative artificial intelligence in his annual letter to shareholders. He noted that Amazon Web Services (AWS) saw a strong finish in 2023 with a 13% year-over-year revenue increase to $91B. Jassy...
Amazon's Chief Executive, Andy Jassy, highlighted the rebound in cloud computing and the potential of generative artificial intelligence in his annual letter to shareholders. He noted that Amazon Web Services (AWS) saw a strong finish in 2023 with a 13% year-over-year revenue increase to $91B. Jassy also emphasized the significant revenue opportunity presented by Project Kuiper, Amazon's satellite broadband internet initiative, and mentioned the company's progress in launching production satellites in 2024. Jassy identified generative artificial intelligence as Amazon's next pillar of growth, envisioning its potential impact on customer experiences. He emphasized AWS's role in democratizing this phase of AI and announced the appointment of AI expert Dr. Andrew Ng to Amazon's board of directors. Amazon's initiatives in cloud computing, satellite internet, and artificial intelligence signify significant strategic moves that could shape the company's future trajectory.
More about Amazon.com Inc
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Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: TRADE & SERVICES
Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: $1,931,536,892,000
Current Price: $3,153.68
Dividend Yield: 0.0529
Revenue (ttm): $574,784,995,000
EPS (ttm): $209.62
P/E Ratio: 50.69
Beta (5Y Monthly): 0.139
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More about Alphabet Inc Class C
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: TECHNOLOGY
Services: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: $1,952,887,210,000
PE Ratio: 27.18
Dividend Yield: None
EPS: 5.8
52-Week High: $2,434
52-Week Low: $1,633.80
Price Change (1 Year): 0.24
Volume: 307,393,987
Stock Price: $1,633.80
Change: 0.56
Change %: 0.135%
More about Alphabet Inc Class A
Alphabet Inc. Class A Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Market Cap: $1,947,393,720,000
PE Ratio: 26.97
Dividend Yield: None
52-Week High: $1,624.34
52-Week Low: $1,307.39
Price to Sales: 0.24
Shares Outstanding: 3,073,939,870
EPS: $163.45
Beta: 0.56
Dividend Rate: 0.135
More about Baidu Inc
Company: Baidu Inc
Description: Baidu, Inc. provides Internet search services primarily in China. The company is headquartered in Beijing, China.
Industry: Technology, Services-Computer Programming, Data Processing, etc.
Market Cap: 365.47 billion
Price/Earnings Ratio: 13.33
Dividend Yield: None
52-Week High: 383.61
52-Week Low: 151.00
Price to Sales Ratio: 7.62
Revenue: 134.59 billion
Gross Margin: 158.37
EBITDA Margin: -0.572
Net Income Margin: 0.057
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