Amazon Shares Hit Record, Is $1,000 Next?

The video discusses Amazon's stock performance, highlighting a new record high and a significant price target set by Sanford Bernstein. It draws parallels to past predictions during the Internet bubble, notably by Henry Blodgett. The analysis by Bernstein suggests a shift towards profitability, especially through Amazon Web Services. The discussion also covers Amazon's unique profit strategy, its competition with Google and Microsoft, and the impact of stock options on company culture.

What is the role of Amazon Web Services in the company's profitability according to the analysis?

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What impact do stock options have on Amazon's employee compensation and company culture?

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