JPMORGAN: Amazon’s 'fast-growing' ad business is putting pressure on Google (GOOG, GOOGL, AMZN)
Business Insider -

A JPMorgan analyst wrote Monday that Amazon's rapid rise in digital advertising has spooked Google investors. Amazon has become the third-largest digital advertiser, according to eMarketer.

Google parent Alphabet's shares are down 8% since the company reported second-quarter earnings in July. 

Anm uth said Google is still an attractive stock because of its adoption of artificial intelligence, which is leading to greater innovation at the company's businesses.

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