Black Friday

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%...

Shopify Inc (NYSE: SHOP) shares were down slightly in trading on Tuesday, following the rally after the company delivered a stellar Black Friday performance. The stock rallied this year, driven by the exit of the logistics business and “newfound emphasis on profitability,”...

To gain an edge, this is what you need to know today. Investors Excited Please click here for a chart of SPDR S&P Retail ETF (ARCA:XRT). Note the following: The chart shows that the retail stocks have been rallying on strong consumer buying. Please see yesterday’s Morning...

With U.S. stock markets closed on Thanksgiving Day and closing early on Black Friday, investors look to this week as one to digest the potential winners of the holiday shopping season and key Black Friday and Cyber Monday deal days. Data showed shoppers were out in full force for Black Friday 2023...

BofA analyst Justin Post reiterated a Buy rating on Amazon.Com Inc (NASDAQ: AMZN) and a price target of $168. Also Read: Thanksgiving US Online Sales Rise To $5.6B: Adobe Analytics Report The stock seems well-positioned to benefit from improving (post-reopening) online...

To gain an edge, this is what you need to know today. Record Black Friday Please click here for a chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is levitating...

Shopify Inc (NYSE: SHOP) shares climbed in early trading on Monday, after reporting blockbuster Black Friday results. RBC Capital Markets analyst Paul Treiber maintained an Outperform rating and price target of $80. Oppenheimer analyst Ken Wong reiterated an Outperform rating and price target of $...

Cyber Monday is in full force, as retailers and e-commerce companies stand to benefit from shifts of consumers spending more time and money on online shopping versus at physical retailers. Here's the data and the potential winners. What Happened: A new report from Adobe calls for 2023 Cyber Monday...

Despite proliferating economic uncertainty, online sales have surged with an impressive increase during Black Friday, while in-store purchases have also maintained steadiness.   What Happened: According to the data from Mastercard Spending Pulse, the upswing in online sales, marking an 8.5%...

Consumers continue to be resilient despite abounding economic uncertainty, as underlined by online Black Friday sales data released by Adobe Analytics. Buoyant Consumers: A record $9.8 billion was spent online on Black Friday, marking a 7.5% year-over-year increase, Adobe Analytics’ report...

EV giant Tesla Inc.‘s (NASDAQ:TSLA) decision to showcase its upcoming Cybertruck in Tesla showrooms ahead of deliveries sure seems to have done the trick on Black Friday. What Happened: “Cybertrucks are on their way to Tesla stores in North America!,” Musk wrote on Wednesday on X...

While Black Friday has grown to become one of the world’s largest annual consumer events in its own right in recent years, economic headwinds have threatened to dampen the festive spirits of shoppers in the US ahead of the big day. Despite a cost-of-living pinch to Black Friday shoppers, it...

Inflation may have sapped our spending power this Black Friday. EY-Parthenon, in a recent report, expects just a moderate 3% rise in retail sales during the 2023 holiday season, with risks leaning to the downside. That's far behind the 5.8% advance in 2022 and the 13.2% post-pandemic rebound in...

As holiday shoppers flock to Main Street for Black Friday deals, Wall Street is mirroring this frenzy with its own version of discounts. Several S&P 500 stocks are currently trading at significant discounts compared to their average year-ahead price targets set by analysts. The phenomenon of S...

Spirit Airlines Inc (NYSE: SAVE) announced an entire weekend of sales, pitching Black & Yellow Friday with flights starting as low as $20 for a one-way flight from November 24 – 26.  Also, the airline disclosed that customers can earn up to an additional 500 Free Spirit Bonus...