Don't Call It a Comeback: Amazon Is Here to Stay
When it comes to technology stocks in 2023, it seems like investors are hearing corporate executives emphasize two concepts in particular: artificial intelligence (AI) and profitability.
For example, after investing heavily in metaverse ambitions, Meta Platforms seemingly lost sight of its core advertising business and experienced shrinking revenue and profit. Subsequently, investors punished the stock, prompting Chief Executive Officer Mark Zuckerberg to declare 2023 as Meta's "year of efficiency." Moreover, both Alphabet and Microsoft have invested substantial sums into generative AI as each looks for a leg up in the area.
For Amazon (NASDAQ: AMZN), leadership has echoed themes similar to its FAANG cohorts. The last several quarters have been rough for the e-commerce giant as operating losses were beginning to mount. However, the company's second-quarter 2023 earnings report had several highlights and very few lowlights, if any.
Source Fool.com
Meta Platforms Inc. Aktie
Eine Tendenz zu Buy-Einschätzungen bei Meta Platforms Inc., überwiegend gegenüber Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 500 € für Meta Platforms Inc. deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 478.4 € hin.
