Artificial intelligence stocks have been both significant contributors to the bull market since late 2022 and major loss-makers in the recent market decline.
Investors should focus on acquiring shares in AI companies with sustainable competitive advantages at lower prices during market dips for better future returns.
Amazon maintains its leadership in cloud computing despite competition, with a 19% revenue growth; it is also a key player in e-commerce and digital advertising.
Amazon's Prime membership boosts both customer and merchant engagement, leading to greater investment in logistics, which enhances its shipping services and overall value.
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