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Advertising to Make More Money for Amazon Than Its Cloud Services by 2021

Piper Jaffray said that the Amazon advertising business would be the key driver for Amazon’s profitability in the years to come. Analyst Michael Olson said, "Investors should be focused on Amazon advertising now; this is a major driver to results and valuation today and continuing in the coming quarters and years." Amazon’s continuous growth in the online advertising market will skyrocket the already overweighed Amazon share price. Piper Jaffray is assuring investors on the sustainability of Amazon’s stock. The…