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Watch: Amazon to Hit $1 Trillion Market Cap in 2018

Analysts are raising the price target for the web and retail juggernaut, Amazon. With analysts from GBH Insights raising the target from $1,500 to $1,850, Amazon could see a $1 trillion market cap in the next year. The forecast is based on Amazon’s momentum, a “flywheel” effect that is still gaining steam. A combination of…

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Watch: Amazon to Hit $1 Trillion Market Cap in 2018

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Analysts are raising the price target for the web and retail juggernaut, Amazon. With analysts from GBH Insights raising the target from $1,500 to $1,850, Amazon could see a $1 trillion market cap in the next year. The forecast is based on Amazon’s momentum, a “flywheel” effect that is still gaining steam. A combination of retail growth and web-based Amazon services are just some of the factors that could push it over the edge.

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71% of retail merchants say AI tools have had limited or no effect so far

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