Amazon (NASDAQ: AMZN) is back. After struggling with cost overruns and slowing growth, the e-commerce and cloud computing giant has returned to its winning ways.

Amazon's retail margins are improving as it refines its massive fulfillment network. At the same time, soaring demand for artificial intelligence (AI) services is bolstering its cloud business.

Investors have taken note. Amazon's stock price is already up 65% so far in 2023.

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Source Fool.com