E-commerce spending is forecast to soar to nearly $10 trillion over the next few years, providing a massive tailwind to Amazon (AMZN -0.57%), Alibaba (BABA 0.03%), and MercadoLibre (MELI 2.06%).
Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years to build new warehouses and upgrade existing operations across the country. The announcement was cheered by the British government, which has been courting investments from major tech players of late as it looks to boost domestic growth and productivity.
On 1,200 acres of cornfield in Indiana, Amazon is building one of the largest computers ever for work with Anthropic, an artificial intelligence start-up.
The recommerce market in India is on an upward trend, projected to grow at 9.8% through 2029. Key growth drivers include mobile-led consumption and OEM trade-ins, with electronics leading the sector. The recommerce market in India is on an upward trend, projected to grow at 9.8% through 2029. Key growth drivers include mobile-led consumption and OEM trade-ins, with electronics leading the sector.
Artificial intelligence (AI) is all the rage today, and investors don't want to miss out. Companies like Nvidia and Palantir Technologies have delivered extraordinary gains for investors -- 816% and 1,600% over the past three years, respectively.
Amazon has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies.
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