Posted 12/11/2023, 3:30:00 PM
Google and Amazon Tipped to Join $2 Trillion Club in New Bull Market
- Alphabet (Google) and Amazon are predicted to be the next companies to join the $2 trillion market cap club by 2024
- Alphabet's growth will be fueled by digital advertising and advancements in AI
- Amazon's growth drivers are e-commerce, cloud computing, online ads, and AI assistants like Amazon Q
- Easing inflation and economic conditions will boost consumer and business spending, benefiting Amazon
- Both companies were briefly over $2 trillion before the 2022 bear market; the new bull market will push them over the top again