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Amazon.com, Inc. (AMZN): “Alexa’s Getting An Upgrade,” Says Jim Cramer

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Jim Cramer Warns Viewers About FOMO & Discusses These 19 Stocks.

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest eCommerce companies in America. When compared to other mega-cap technology stocks, Cramer doesn’t discuss the firm as often. One rarely discussed aspect of Amazon.com, Inc. (NASDAQ:AMZN) that he has mentioned is the firm’s potential to disrupt the pharmacy market in the US. Cramer has advised pharma companies like Walgreens to be wary about Amazon stealing their market. The CNBC TV host has also discussed Amazon.com, Inc. (NASDAQ:AMZN)’s near-ubiquity due to the firm’s presence in lucrative industries such as eCommerce, web services, and cloud computing. This time around, he commented on the firm’s digital assistant Alexa:

“[In response to Faber asking when the robots will come online] I don’t think people realize what’s coming. Which is that right now, Alexa’s getting an upgrade and it’s a digital assistant and it’s gonna help you more. And it might be able to turn on your coffee maker, okay. The robot, will say, Mr. Cramer, because I prefer that, Mr. Cramer, how much cream you want today, and I’ll say no I gained a pound yesterday can I switch to skimmed. And it’ll be like, no problem, Mr. Cramer. The thing will be so subservient, it’s really kind of crazy. By the way this is true what I’m saying. I saw one of these at the conference.”

Previously, Cramer discussed Amazon.com, Inc. (NASDAQ:AMZN)’s latest earnings report:

“Then there’s Amazon, which is trading lower after hours because the company gave a conservative forecast for the second quarter, as they typically do. And who can blame them given the impossible-to-game tariff situation.

But looking at the first quarter results themselves, Amazon also reminded us why it’s one of the world’s best companies. Why you can’t bet against it.

Sales grew 9% year-over-year, topped expectations by over $600 million, led by double digit growth from Amazon Web Services, and the company’s increasingly important advertising business. The gross margins there are insane. Earnings per share, meanwhile, is up an incredible 62%. Beat the $1.36 consent assessment by 23 cents.

Now, one of the more quizzical things from the Amazon quarter were the results from the Amazon Web Services cloud computing business, which is such a fabulous business. Sales were up 17%, very good, but that was light- that was light of what we expected.

The operating margins on the other hand were fantastic. They reached nearly 40%, street was only looking for 35. And that’s why Amazon Web Services segment profit came in over $1 billion above expectations. Essentially, all the total company’s bottom line beat in the quarter. But you know, again, people found a little bit of what we call ‘hair on the story’.”

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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