12 Best Performing Stocks in the Last 3 Months
On Friday, October 31, shares of tech giant Amazon.com, Inc. (AMZN) boosted the market after it reported strong quarterly earnings. The tech-heavy Nasdaq increased by 0.61%.
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
Generative AI is a “once-in-a-lifetime” technology
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. According to Musk, this technology could be worth $250 trillion by 2040.
Author’s summary: Top stocks performance reviewed.