Veteran analyst sends clear message on Amazon, Microsoft stock
Microsoft and Amazon stock investors should be paying attention.
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The artificial intelligence boom has been quite a thing to watch. The launch of ChatGPT in November 2022 took many by surprise, given it was the fastest app launch at the time to reach one million users. ChatGPT's rapid adoption triggered a tsunami of AI interest, prompting a major overhaul of technology company budgets.
Businesses rushed to train their own large language AI chatbots and kick-start the development of agentic AI programs that can operate as workers' digital assistants or, in some cases, replace workers altogether.