AWS's strategy of providing multiple large language models (LLMs) and AI tools to its customers is a smart move. Amazon also has numerous opportunities to use AI internally to further reduce costs and boost profitability.

Amazon.com, Inc. continues to grow, with multiple growth drivers including advertising, expansion into healthcare, and its forthcoming Kuiper satellite internet service. The company is focused on increasing profitability, as evidenced by its earnings jumping 225% year over year in the first quarter.

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C3.ai's earnings report is set to be released on May 29, 2024. Analysts expect the company to post earnings of -$0.31 per share, marking a year-over-year decline of 138.46%.

Shares of C3.ai have soared over 20% since the company reported its fiscal fourth-quarter earnings on May 29. The enterprise artificial intelligence (AI) software company saw strong revenue growth and issued upbeat guidance.

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Shares in Microsoft have popped 35% since May 2023, rallying investors with consistent growth across its business and an expanding position in artificial intelligence (AI).

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