Amazon Stock Target Gets Boost: How Its Becoming an AI Force
With the ongoing race for artificial intelligence supremacy, the Amazon (AMZN) stock target has gotten a boost, as it could be set to become an AI force in the coming year. Indeed, the Mizuho financial group has raised its target for the e-commerce juggernaut from $240 to $260 based on its potential in the emerging technology. The buzz around the tech space has been a massive reason why Nvidia (NVDA) has dominated 2024. The chipmaker is crucial to its ongoing development and has become a Wall Street favorite. Many of those same principles could apply to a rising Amazon over the course of next year. Source: mybanktracker.com Also Read: Amazon’s Bezos ‘Optimistic’ About Trump Return as AMZN Could Skyrocket Amazon to Dominate 2025? Generative AI Could Drive Surge As a plethora of companies compete for AI supremacy, 2025 is poised to be a monumental year. The stock market has seen artificial intelligence emerge as a key drive of investment. Moreover, companies like Apple (...