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Amazon’s Market Cap Potential Overshadows Short-Term Stock Slip
Amazon’s Market Cap Potential Overshadows Short-Term Stock Slip
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BTCCSquare news:
Amazon's stock dipped 10% following its second-quarter earnings report, with investors expressing concerns over slower growth in cloud computing and perceived lag in artificial intelligence (AI) development. Despite this, the company's long-term profit trajectory remains robust, anchored by its e-commerce division's advertising revenue surge—from $7.4 billion in Q2 2021 to $15.7 billion last quarter, growing at 22% annually.
The North American retail division's profit margin has expanded to 7%, driven by advertising, third-party seller services, and operational efficiency. Wall Street's fixation on AI obscures Amazon's diversified growth engines, positioning it to potentially reach a $3 trillion market cap by 2025.
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