Sung Cho, Goldman Sachs Future Tech Leaders Equity ETF Portfolio Manager, joins Yahoo Finance Live to break down Goldman Sachs' new tech ETF that could shake up ETFs like Cathie Wood's Ark Innovation.
Apple (NASDAQ: AAPL) unveils new iPhones and iPads. Intuit (NASDAQ: INTU) buys MailChimp for $12 billion in cash and stock. Amazon (NASDAQ: AMZN) gets ready to sell Amazon-branded TVs. Coffee retailer Dutch Bros.
Let's look closer at the division's importance to the global e-commerce giant's overall business and how rising ad prices companies must pay to reach customers could boost Amazon's profits. In the most recent quarter, ad revenue made up just 7% of Amazon's overall revenue.