All Eyes on Apple, Amazon 04/28/22
CNBC's "Fast Money"
00:00
Retail Business, or Consumer Facing Business?
The most important part of the story is still retail. If you just look at just a raw percentage revenue throug the advertising business is impacted by retail. We're still talking about 85 % of amazon's business is related to retail. And this is a play on a consumer spending, number one, and number two, logistics. Both those, again, are hitting some headwins.
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