Adobe Analytics

Adobe Analytics released its holiday e-commerce sales report on Tuesday showing that consumers spent a record-setting $241.4 billion online during the 2024 holiday shopping season.  The Details: Online spending grew 8.7% from 2023 and consumers spent more than $4 billion in a single day on 15...

Retailers saw increased traffic both online and in-store during the busiest Black Friday shopping weekend ever. BofA Securities analysts weighed in on the retail sector's early holiday winners.  E-commerce: According to Adobe Analytics, online sales during Thanksgiving and Black Friday grew 9% and...

U.S. Consumers spent approximately $7.2 billion across Amazon.com, Inc. (NASDAQ:AMZN) retailers on the first day of Amazon Prime Day.  The Details: According to a report from Adobe Analytics, consumer spending across Amazon reached $7.2 billion on Tuesday, exceeding Adobe's estimate of $7.1...

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...

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...

Smartphones were a strong driver of Cyber Monday sales, according to online shopping data from Adobe Inc (NASDAQ: ADBE) Analytics. Record Sales Cyber Monday sales are estimated at $7.9 billion, a record performance and also the biggest online shopping day of all time in the U.S., Adobe said...

Along with other Internet-related exchange traded funds, the Amplify Online Retail ETF (NASDAQ: IBUY) is enduring a rough fourth quarter. IBUY, the original e-commerce ETF, is saddled with a fourth-quarter loss of 18.35 percent, but bullish Cyber Monday data boosted the fund to start this week....