Previous close | 95.62 |
Open | 95.27 |
Bid | 89.00 |
Ask | 90.05 |
Strike | 220.00 |
Expiry date | 2024-01-19 |
Day's range | 95.13 - 95.62 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Ads generated nearly $10.7 billion of revenue for Amazon in the second quarter alone, up 22% year over year. Advertising is now a bigger business than subscription services, which includes Prime, and it's twice as big as Amazon's physical store segment, which is primarily Whole Foods. Amazon sells advertising services to third-party sellers and vendors aiming to boost sales on the company's e-commerce platform.
The discount retailer's fortunes have turned negative this year, but are investors overreacting?
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