Amazon pulls Melania
Digest more
Q4, Amazon
Digest more
Amazon bets on celebrities and humor to promote Alexa+.
Amazon shares sunk more than 7% in after-hours trading on Thursday despite the tech and e-commerce giant reporting a 14% increase in revenue in its fourth quarter. Advertising services revenue, which includes sales to sellers,
Amazon is quietly building itself into an advertising powerhouse. The FactSet consensus calls for $21.2 billion in advertising revenue in the fourth quarter, up 22.4% from a year before. That would mark a slowdown from the 23.
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best stocks to buy, according to billionaire Bill Ackman. On January 13, TD Cowen reiterated a Buy rating on Amazon.com, Inc. (NASDAQ:AMZN) and raised the price target to $315 from $300.
Coming off a successful Black Friday effort and record-shattering Thursday Night Football and NBA Cup viewership, the tech giant wants to carve out an even bigger piece of the sports ad pie. By Alex Weprin Senior Editor This week the Consumer Electronics ...
AWS growth, AI investment, ads expansion and retail margin gains. Click for this AMZN stock update and earnings preview.