AMZN Jun 2024 185.000 put
- Yahoo Finance Video
Amazon is a top pick: Wedbush analyst on digital advertising
Amazon (AMZN) could be going through its own post-COVID "Renaissance period," according to Wedbush Securities Equity Research Managing Director Scott Devitt. Devitt joins Yahoo Finance's Market Domination, commenting on Amazon's reaccelerating growth in the digital advertising space. "What you're finding is these data repositories of media content are now being brought to life," Devitt tells Yahoo Finance. "And that's going to continue to enhance the advertising models as these retail companies — some of which do it directly, like Amazon — providing their own demand-side platform for their retail media inventory to third party advertisers and many retailers that don't have the capacity to do that." Yahoo Finance has been interviewing the top executives in advertising and creative marketing across industries at the 2024 Cannes Lions International Festival of Creativity. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Amazon ‘botched government relations’
At the end of 2023, the Federal Trade Commission (FTC) and 17 state attorneys general sued Amazon for alleged illegal monopolies and antitrust violations. Author and WSJ journalist Dana Mattioli joined Opening Bid with Yahoo Finance Executive Editor Brian Sozzi to breakdown what this means considering Amazon's influence on both the worlds of retail and tech. She and Sozzi speculated on how Amazon's (AMZN) practices are even contributing to inflation: 'We’re all paying more because of Amazon’s power in e-commerce.' In her new book "The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power" she covers rank and yank practices, culture shifts under Jeff Bezos, and combative relationships with regulatory bodies. For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform.
- Investor's Business Daily
Dow Jones Futures: Nvidia Skid Raises Questions; Three Stocks Near Buy Points
The stock market paused late in the week as Nvidia led AI chips lower. Micron earnings and the Fed's inflation gauge loom.
