Investors are giddy about Amazon.com Inc.’s fast-growing pool of advertising sales, which largely come from merchandise sellers buying commercial messages to make their goods more prominent on Amazon’s website. Calling this “advertising” is true, but also a misnomer that leads investors to imagine a Google-like marketing machine inside Amazon. It’s not – or not yet, at least. Amazon’s advertising is ...

Bloomberg Treasuries fell and the dollar rose after solid data from the world’s largest economy added to signs the expansion is holding up even as central bank officials indicated they’re ready to cut rates. Stocks were mixed. Benchmark 10-year yields halted a two-day slide, while the greenback climbed against most major currencies. The Dow Jones Industrial Average advanced to a ...

Bloomberg The bull run for Philippine stocks still has legs amid tailwinds of stronger corporate earnings, cooling inflation and continued monetary stimulus. The benchmark Philippine Stock Exchange Index entered the bull market after climbing more than 22 percent from a November low. The gauge is now the best performer in Southeast Asia and one of the top gainers in Asia ...