Should You Buy Amazon Stock Before Oct. 30?

Throughout October and November, many of America's largest companies will report their results for the quarter that ended Sept. 30. Folks on Wall Street will be particularly focused on the leaders of the artificial intelligence (AI) boom, because those businesses have the potential to generate faster revenue and earnings growth than most of the rest of the market.Amazon (NASDAQ: AMZN) is one of them, and it's scheduled to report its third-quarter results on Oct. 30. The company has taken a diversified approach to AI, deploying more than 1,000 applications across its e-commerce, cloud computing, streaming, and digital advertising businesses to boost its efficiency and create new opportunities to generate revenue. Amazon has made a habit of beating Wall Street's expectations, which is why I think its stock could soar after the Q3 report arrives. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool