In his view, the company is no longer just the largest online retailer; it has become one of the key infrastructure platforms of the global economy. Amazon’s growth today is driven by several areas at once—the Amazon Web Services (AWS) cloud service, advertising, logistics, e-commerce, and artificial intelligence solutions.
Investor optimism is further bolstered by the company’s own plans. Amazon intends to maintain record-breaking investments in the development of AI infrastructure and data centers. According to Yahoo Finance, the company’s capital expenditures could reach approximately $200 billion by 2026. Analysts cite the AWS cloud business as one of the biggest drivers of demand, as it benefits from the rapid growth of artificial intelligence services.
Amazon is also placing additional bets on its proprietary Graviton and Trainium processors. According to company management, this segment has already surpassed $20 billion in annual revenue and continues to grow at triple-digit rates.
The financial results also support the forecast. At the end of the first quarter, Amazon reported revenue of $181.5 billion, exceeding Wall Street’s consensus estimate of $177.3 billion. Earnings per share came in at $2.78, compared to analysts’ expectations of $1.66.
According to its financial statements, Amazon’s revenue has exceeded $650 billion over the past four quarters. To reach the $1 trillion mark by 2028, the company must maintain an average annual growth rate of approximately 15%—higher than most analysts’ current expectations, but within the range anticipated by the most optimistic investors.
LPNote : Shay Boloor is an American market strategist, investor, and analyst specializing in the technology sector, artificial intelligence, semiconductors, and high-growth companies. Since June 2025, he has served as chief market strategist at Futurum Equities, the research division of the analytical firm Futurum Group.
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