Amazon vs Costco Stock Showdown | Business and Finance News

Amazon and Costco may seem worlds apart, but three years ago, a $5K investment in each would’ve netted you nearly $9K from Amazon and $8.8K from Costco—proving their returns are closer than you think. While Costco shines with its recession-resistant model and loyal customer base, Amazon’s real money-maker is AWS, the cloud computing giant set to explode to $2 trillion by 2030 thanks to the AI boom. Amazon’s also building its own AI chips to supercharge its cloud edge. Despite being currently undervalued compared to Costco, Amazon’s heavy AI bets could pay off big—if they can turn tech spending into profits. For long-term investors, Amazon’s cloud and AI momentum might just be the next big thing. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/21acaaa734d3f539