Prediction: Amazon Will Become the Largest Company in the World in 2026

Inflation is still climbing, unemployment has been on the rise, and it's starting to feel like an uncertain economy is just the new normal. One thing that has surprised analysts is that despite whatever's happening in the background, consumers keep spending.Retailers haven't necessarily had it easy. They, too, are dealing with increased costs, changing trends, and attracting customers to their stores. But there are essentials that everyone has to buy, and customers are increasingly shopping at the large stores that can give them the greatest value.Amazon (NASDAQ: AMZN) has drawn a lot of attention for its recent advances in artificial intelligence (AI), but retail, specifically in e-commerce, is still its core business. It's enjoying robust growth in e-commerce, as well as staggering growth in AI, and together, these twin growth engines are propelling it toward becoming the company with the highest sales in the world. It's not quite there yet, but I predict it will happen next year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool