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Amazon's Advertising Business Is 'Going To Grow Significant Scale,' Says Mark Douglas: '...And Be Very, Very Profitable'
Wednesday, May 1, 2024 - 3:20am | 528Amazon.com Inc. (NASDAQ:AMZN) is set to significantly scale up its advertising business, according to MNTN CEO Mark Douglas. What Happened: Douglas shared his opinion about Amazon’s growing focus on performance advertising on its homepage and in Amazon Prime, during CNBC’s “Last...
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Morgan Stanley: Amazon's Q1 Print Shows It's 'Just Getting Started'
Friday, April 27, 2018 - 8:47am | 424Amazon.com, Inc. (NASDAQ: AMZN) reported first-quarter results Thursday that exceeded even the company's own expectations, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on Amazon's stock with a price target lifted from...
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Is Amazon Worth $1 Trillion? Morgan Stanley Does The Math
Monday, November 13, 2017 - 2:36pm | 489Apple Inc. (NASDAQ: AAPL) could very well be worth $1 trillion within months, and Amazon.com, Inc. (NASDAQ: AMZN) may not be far behind in joining the prestigious group. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on Amazon's stock with an unchanged $...