3 Billion More Reasons to Buy Amazon Stock

The e-commerce behemoth's web is about to expand a little more.Investors keeping tabs on Amazon (AMZN 0.58%) likely already know it's now waist-deep in the advertising business. In 2023, it collected a total of $47 billion from third-party sellers looking to feature their products more prominently at Amazon.com. That's a $10 billion improvement on 2022's tally, and nearly one-tenth of last year's top line. Not bad.With this particular business's growth finally starting to slow, though, the e-commerce giant ...