Overview
- In a new Yahoo Finance analysis, Amazon and Meta are projected to potentially surpass Apple’s market value over the next ten years, presented as a forward-looking view rather than a near-term shift.
- Amazon’s case rests on Amazon Web Services’ scale in cloud computing, AI use in its retail operations, and an ad unit that the report says is generating nearly $60 billion in annual sales.
- The analysis lists Amazon’s current market value at $2.27 trillion and argues that sustained AI-driven demand for enterprise computing could support outsized gains.
- For Meta, the report cites a fast pivot to generative AI in late 2022, a 2023 rebound with revenue up 16% and earnings per share up 73%, a $1.4 trillion market value, and early efforts to monetize AI beyond ads, including AI-enhanced wearables.
- Context from related coverage notes all Magnificent Seven stocks are down this year as investors question whether heavy AI spending—described as near $700 billion in 2026 across major cloud providers—will pay off, underscoring that the forecast carries meaningful uncertainty.