Shares of Ross Stores Inc. dropped in after-hours trading on Tuesday as the discount retailer projected weaker same-store sales for the year due to recent slowing trends exacerbated by harsh weather and economic concerns. The company’s forecast reflects a challenging environment that impacted consumer behavior, leading to a cautious outlook for the upcoming period.
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Amazon Is Quietly Building a Massive Advertising Business
Amazon's advertising business, Amazon Ads, is emerging as a high-margin, fast-growing segment that enhances the company's overall value. By integrating ads into Prime Video, Amazon is not only diversifying its revenue streams but also leveraging its strategic position to reshape its long-term prospects significantly. Want More Context? 🔎
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