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Amazon Earnings, Musk in China, Intel in Ohio

Bloomberg Intelligence

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Amazon's Growth in Cloud Services and AI Development

The chapter analyzes Amazon's robust performance, focusing on the profitability and expansion of Amazon Web Services (AWS). It compares Amazon's market dominance in cloud computing with competitors, and discusses their AI development strategy amidst strong competition. Additionally, the conversation touches on the significance of tech companies reinvesting cash and paying dividends, with insights into the potential growth of companies like AWS, Microsoft, and Google in the cloud and AI sector.

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