Cyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast

4
Comment
Favorite

Cyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast

Bloomberg12-03 09:40

Original projection was for $13.2 billion, according to AdobeStrong showing ascribed to shoppers waiting for best dealsPackages prepared for shipping on a conveyer belt on Cyber Monda.US shoppers are ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1123067844?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-03 09:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1123067844","market":"us","top_or_hot":-1,"title":"Cyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast","media":"Bloomberg","content":"<div>\n<p>Original projection was for $13.2 billion, according to AdobeStrong showing ascribed to shoppers waiting for best dealsPackages prepared for shipping on a conveyer belt on Cyber Monda.US shoppers are ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-12-03/cyber-monday-13-5-billion-splurge-seen-beating-initial-forecast?srnd=homepage-asia\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCyber Monday $13.5 Billion Splurge Seen Beating Initial Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-03 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-12-03/cyber-monday-13-5-billion-splurge-seen-beating-initial-forecast?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Original projection was for $13.2 billion, according to AdobeStrong showing ascribed to shoppers waiting for best dealsPackages prepared for shipping on a conveyer belt on Cyber Monda.US shoppers are ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-12-03/cyber-monday-13-5-billion-splurge-seen-beating-initial-forecast?srnd=homepage-asia\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETSY","symbol_name":"Etsy, Inc.","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-12-03/cyber-monday-13-5-billion-splurge-seen-beating-initial-forecast?srnd=homepage-asia","article_id":"1123067844","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123067844","pubTimestamp":1733190000,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Original projection was for $13.2 billion, according to AdobeStrong showing ascribed to shoppers waiting for best dealsPackages prepared for shipping on a conveyer belt on Cyber Monda.US shoppers are ","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ETSY":"Etsy, Inc.","PDD":"拼多多","SHOP":"Shopify Inc","EBAY":"eBay","TGT":"塔吉特","COST":"好市多","WMT":"沃尔玛","M":"梅西百货","AMZN":"亚马逊"},"translate_title":"网络星期一135亿美元的挥霍超出了最初的预测","themeId":"453f87ba7ad97aa25fd8c4d53dfd3188","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1.1,"COST":1.1,"EBAY":1.1,"ETSY":1.1,"M":1.1,"PDD":1.1,"SHOP":1.1,"TGT":1.1,"WMT":1.1},"content_text":"Original projection was for $13.2 billion, according to AdobeStrong showing ascribed to shoppers waiting for best dealsPackages prepared for shipping on a conveyer belt on Cyber Monda.US shoppers are on track to spend as much as $13.5 billion online during Cyber Monday, according to Adobe Inc., slightly beating the firm’s initial forecast of $13.2 billion.Adobe ascribed the strong Cyber Monday showing to shoppers waiting for the biggest discounts and using buy-now-pay-later loans to splurge on pricey items.The revised projection for the busiest online shopping day of the year caps off a strong Cyber Week. Spending during the five-day period, which runs from Thanksgiving through Cyber Monday, is expected to reach $40.6 billion, up 7% over the previous year, Adobe said in a statement.“Despite early competitive discounts that drove record spending across Thanksgiving and Black Friday, many consumers still consider Cyber Monday the best day to get the season’s top deals,” Adobe’s lead analyst Vivek Pandya said. “The day is off to a strong start, and with spending expected to ramp up in the evening hours, Adobe expects Cyber Monday will retain its place as the biggest e-commerce day of the year.”Retailers generate much of their sales and profit during the holiday shopping season. Analysts are monitoring the results closely to see if lower interest rates and moderating inflation have prompted price-sensitive consumers to boost their spending.Marquee sale events like Black Friday and Cyber Monday have been losing their cachet, but retailers often save their best deals for those days since that’s when shoppers expect them. Hot categories this year included toys, jewelry, apparel, sporting goods, personal care, appliances and electronics, according to Adobe, which tracks 1 trillion visits to U.S. retail sites and spending on 100 million products in 18 product categories.Total online sales for November and December combined are set to reach $240 billion, up 8.4% from last year, according to the firm.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}