Cyber Monday

Online shopping on Cyber Monday highlighted a stark contrast in consumer behavior, as wealthier shoppers splurged on holiday purchases, while lower-income households chased deals across all major shopping platforms. Cyber Monday Sales Surge U.S. shoppers spent $9.1 billion online on Cyber Monday,...

The 2025 holiday shopping season is here with many retailers already having early sales ahead of Black Friday on Nov. 28. Retailers may need to continue discounting products throughout the holidays with consumers saying they plan to spend less during the Black Friday shopping weekend. Black Friday...

Amazon.com Inc (NASDAQ:AMZN), Applovin Corp (NASDAQ:APP), Chewy, Inc (NYSE:CHWY) and RH (NYSE:RH) each benefitted from Cyber Monday. What Happened: Adobe Analytics data indicates that Cyber Monday generated $13.3 billion in U.S. Online sales. It enjoyed 7.3% growth — above Adobe’s original...

Shares of Amazon.com Inc. (NASDAQ:AMZN) surged 2.3% to new all-time highs on Wednesday, lifting its impressive year-to-date gains to 44%. Robust early holiday sales data and optimism surrounding growth signals from AWS’s annual conference in Las Vegas fueled bullish investor sentiment. The e-...

Amazon.com Inc. (NASDAQ:AMZN) has shifted its focus from Cyber Monday to Black Friday for the second year in a row and is reaping the benefits of this move, according to Deepwater Asset Management's Gene Munster. This strategic pivot aligns with Amazon’s tradition of creating...

Black Friday, the day after Thanksgiving in the U.S., has become synonymous with enticing discounts, big bargains, and massive sales, marking the start of the critical Christmas shopping season. With time, the traditional one-day frenzy has evolved into a longer season with the introduction of...

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings.  What To Know: Management consultancy firm Bain & Company forecasts U.S. retail sales during...

Amazon solidified its position as the go-to destination for holiday shoppers this year, with consumer spending trends signaling a robust holiday season despite economic uncertainties. According to Goldman Sachs’ 2024 Holiday Survey, authored a team of analysts led by Brooke Roach, CFA, 35%...

Traders eyeing U.S. retail giants like Amazon.com Inc. (NASDAQ:AMZN), Walmart Inc. (NYSE:WMT) and Best Buy ahead of Black Friday and Cyber Monday may be in for an unpleasant surprise as December kicks in. Despite the holiday shopping frenzy, historical data spanning decades suggests December is not...

Online spending during the 2023 holiday shopping period hit a record $222.1 billion thanks to major discounts and flexible payment methods, such as “buy now, pay later.” The data, published by Adobe Analytics on Thursday, covered the period from November 1 to December 31, taking in the...

It was a big week for spending. The consumer bought huge amounts of holiday gifts. (For my fellow Michiganders, the consumer did get much on sale because they require big savings.) The government bought a big positive revised GDP print. And Sheldon Adelson’s widow, Miriam, bought most of a...

Amazon reported "record-breaking" sales from November 17 to Cyber Monday, surpassing its performance during the same 11-day period last year. Following Black Friday, Amazon's shares increased by almost 2%. Despite the initial surge in stock price, Amazon shares experienced a 1.40%...

Consumers are becoming more price-conscious and took full advantage of discounted offers on Cyber Monday. Goldman Sachs collected data from Adobe, Salesforce, and Mastercard, among others. Each company reported online sales growth at the start of Cyber Week. Categories such as electronics, footwear...

Apple Inc.'s (NASDAQ:AAPL) 16-inch MacBook Pro with M1 Max chip is available at an eye-watering discount of $1,800 during this Cyber Monday sale. What Is The Deal: Apple's 16-inch MacBook Pro with M1 Max chip is now available at $2,499 after a discount of $1,800 on B&H Photo, with no...

Last week, we heard about the surprising surge in Black Friday sales despite economic uncertainties. Now, Cyber Monday is shaping up to be the biggest one on record, according to data from Adobe Analytics. What Happened: As of 6 PM ET on Monday, consumers had already spent a whopping...