Soon-to-be former Amazon.com Inc. (Nasdaq: AMZN) retail CEO Dave Clark is joining logistics startup Flexport in September. Clark, who said last week he was leaving Amazon after 23 years, posted on LinkedIn that he'll be CEO of the San Francisco-based supply chain company. "Flexport founder, Ryan Petersen, and his team have thrown themselves at this problem by brilliantly tackling the most complicated piece of the supply chain: the global cross-border movement of goods ... I firmly believe that the true potential and magnitude of Flexport’s innovations have only just started to be realized." Read More...
Motley Fool
4 Growth Stocks to Buy and Hold Forever
Operating in a global advertising industry worth nearly $1 trillion, The Trade Desk (NASDAQ: TTD) looks to continue its rise to prominence through its omnichannel, demand-side platform. Posting revenue growth of 43% and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) growth of 72% year over year for the first quarter of 2022, the company’s incredible expansion is stronger than ever. First, Statista expects the target addressable market for digital advertising to reach $800 billion by 2026, implying a 10% annualized growth rate.
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