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Black Friday Discounts Too Good To Be True? Survey Shows Only 42% Of Sales Are Authentic
Wednesday, November 27, 2024 - 1:40pm | 448Black Friday, known for its enticing discounts on the latest technology, may not always deliver the bargains shoppers expect. A recent study by KnownHost revealed that nearly a third of these “deals” aren’t genuine savings at all. What To Know: An analysis of 65 of the most...
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Amazon Dominates Holiday Shopping As Black Friday Spending Soars: Goldman Sachs
Tuesday, November 26, 2024 - 1:29pm | 589Amazon 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%...
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Apple's 2024 Black Friday Deals: Gift Cards Over Discounts — Here's What You'll Get
Sunday, November 24, 2024 - 10:15pm | 685Apple Inc. (NASDAQ:AAPL) recently unveiled its Black Friday 2024 promotion, running from Nov. 29 to Dec. 2, offering customers gift cards with the purchase of eligible products instead of direct discounts. What Happened: Apple's Black Friday deals include gift cards ranging from $25 to $200,...
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Why Walmart, Amazon Stock Could Stumble This Holiday Season
Friday, November 22, 2024 - 5:30pm | 803Traders 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...
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Green Wednesday's Biggest Weed Buyers: The Surprising Archetypes Driving Sales
Thursday, November 21, 2024 - 10:31pm | 447Green Wednesday,to be celebrated next week on November 27, has become the cannabis industry's answer to Black Friday. This annual shopping event, known for its surge in sales, offers a critical opportunity for retailers to optimize their shelves based on insights into consumer behavior. According...
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Target Q3 Earnings Preview: Analysts Expect Revenue, EPS Growth As Attention Turns To Holiday Quarter
Tuesday, November 19, 2024 - 4:34pm | 700Analysts expect Target Corporation (NYSE:TGT) to report third-quarter revenue of $25.9 billion when the company reports third-quarter financial results on Wednesday, Nov. 20 before the market opens. That’s up from $25.4 billion in last year's third quarter, according to data from Benzinga...
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Taylor Swift Teams Up With Target For Exclusive Black Friday Merch: Will Swifties Boost Q4 Sales, Prove Donald Trump Wrong?
Tuesday, October 15, 2024 - 11:49am | 873Global superstar Taylor Swift is set to begin the final leg of her record-breaking "The Eras Tour" soon, and retailer Target Corporation (NYSE:TGT) could be the latest company to benefit from the singer's massive following and fan base. What Happened: Swift announced Tuesday morning that she is...
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Record Online Holiday Spending Driven By Deep Discounts And 'Buy Now, Pay Later' Deals
Thursday, January 4, 2024 - 1:29pm | 680Online 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...
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Amazon Shatters Records In Holiday Sales, But Stock Market Response Tells A Different Story
Monday, December 4, 2023 - 3:12pm | 494Amazon 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%...
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Why This Shopify Analyst Is Bearish, Even After Blockbuster Black Friday Performance
Tuesday, November 28, 2023 - 2:45pm | 294Shopify 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,”...
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Stock Market Bulls Excited But Not Asking The All Important 'Pay Later' Question
Tuesday, November 28, 2023 - 11:58am | 1223To 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...
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Black Friday Foot Traffic Reveals Potential 2023 Holiday Shopping Retail Winners: 17 Stock Ideas
Monday, November 27, 2023 - 8:00pm | 1006With 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...
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Analysts Highlight Healthy Traffic And Discounts On Black Friday - How's The Trend?
Monday, November 27, 2023 - 2:55pm | 981BofA 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...
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Record Black Friday Splurge But Data From China Tempers Stock Market Bullishness
Monday, November 27, 2023 - 2:08pm | 1362To 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...
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Shopify Enjoys Growth On Heels Of Black Friday: Here's What Analysts Have To Say
Monday, November 27, 2023 - 12:11pm | 401Shopify 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 $...