Analyst Raises Amazon Outlook as AI Drives Surge in Online Shopping

An Evercore ISI analyst upgraded Amazon's sales projections, attributing stronger consumer demand on the platform to widespread AI adoption enhancing shopping experiences and recommendations.

28 Aug, 15:35 — 28 Aug, 15:35

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cnbcMostly Factual8h ago

Top tech analyst says people are buying more things on Amazon because of AI. He raised his price outlook as a result

Amazon.com could rally as wider AI adoption drives up sales on its online shopping platform, per Evercore ISI.

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Analyst Raises Amazon Outlook as AI Drives Surge in Online Shopping

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Top tech analyst says people are buying more things on Amazon because of AI. He raised his price outlook as a result

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