Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) are retail powerhouses that generate hundreds of billions in consumer sales every year. More recently, the two have begun capitalizing on an incremental revenue source that has the potential to boost overall profit margins. Indeed, in its most recent quarter (ended March 31), Amazon reported $7.9 billion in advertising revenue. Read More...
Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT) are retail powerhouses that generate hundreds of billions in consumer sales every year. More recently, the two have begun capitalizing on an incremental revenue source that has the potential to boost overall profit margins. Indeed, in its most recent quarter (ended March 31), Amazon reported $7.9 billion in advertising revenue.
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