These companies haven't gotten as much hype as some in the artificial intelligence space -- but you shouldn't overlook them.
Let's explore the data and see if Amazon stock is a buy today. E-commerce is Amazon's meat and potatoes, so to speak. Amazon began as a bookseller, and within a few years it had acquired several other e-commerce companies and was on its way to becoming the giant it is today.
Revenue growth was lower than the previous quarter, but investors see evidence of improving growth trends in the near term after Snowflake reported cloud consumption on its platform was up 500% in October since last year. The declining rate of revenue growth has been a heavy anchor on this stock trading at an expensive valuation.