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FTC Chair Lina Khan, a long-time critic of Amazon, said Tuesday that the company "now takes one of every $2 that a seller makes." Amazon stock has climbed 51% this year, as the company has doubled down on efficiency. The update to Prime Video, which is a part of the Amazon Prime membership subscription, costs $14.99 per month. The new Prime Video ads could create a monetization opportunity of $6.6 billion to $8 billion in incremental revenue, according to Wedbush. And with over 200 million Amazon Prime members, Amazon remains one of the top spots for digital advertisers.
Persons: Lina Khan, Jim Cramer, Jim, we're, Anthropic, Morgan Stanley, Amazon's, Jim Cramer's Organizations: Federal Trade Commission, Amazon, FTC, Web Services, Club, Microsoft, Zoom Communications, AMZN, CNBC, Getty Locations: U.S
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