Amazon Announces its Latest Advances in Counterfeit Protection for Customers, Brands, and Selling Partners
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Oppenheimer says 'layoffs are necessary' as they cut estimates at Amazon (AMZN)
April 6, 2023 8:20 AM EDTOppenheimer reiterated an Outperform rating on Amazon.com Inc. (NASDAQ: AMZN) but reduced their price target on the stock to $125.00 (From $135.00) after conducting a deep dive into the companys expenses. Following the investigation, analyst Jason Helfstein believes that the online retailer more layoffs are necessary for eCommerce to become meaningfully profitable.
Helfstein wrote in a note, We believe AMZN's 25% underperformance vs. Nasdaq LTM is... More
Morgan Stanley sees $130bn opportunity in retail media advertising, Amazon 'the early leader'
April 4, 2023 9:11 AM EDTThere is a $130 billion opportunity in retail media advertising, according to Morgan Stanley analyst Matthew Cost. The analyst told investors in a note Tuesday that the firm sees the opportunity by 2025 as "retailers leverage their customer data to power online ads" and that The Trade Desk Inc. (NASDAQ: TTD) and Criteo S.A. (NASDAQ:... More
