Amazon
Amazon.com, Inc., commonly known as Amazon, is an American multinational technology company founded by Jeff Bezos on July 5, 1994 in Bellevue, Washington. Initially an online marketplace for books, it has since evolved into "The Everything Store", offering diverse product categories. Its subsidiaries include Amazon Web Services, Zoox (self-driving cars), Kuiper Systems (satellite internet) and Amazon Lab126 (computer hardware R&D).
Ranked among the top 10 companies to work for in 2024, Amazon is also a key player in the "Magnificent Seven", driving market share growth in the tech sector. Amazon's dominance spans e-commerce, cloud computing, digital streaming and artificial intelligence, instilling investor confidence in its multifaceted revenue streams and growth prospects. Its robust financial performance, with an 82% increase in value last year, and steady revenue growth position Amazon as a favoured investment for those seeking stability and long-term returns in the tech industry.