Amazon (NASDAQ: AMZN) is known for its e-commerce business, but did you know that the advertising with each search is where Amazon really makes money? In this video, Travis Hoium shows how Amazon's advertising business compares to e-commerce profits and why the incentives matter long-term.
*Stock prices used were end-of-day prices of May 26, 2024. The video was published on May 28, 2024.
Source Fool.com