Stock Market
US Black Friday online sales reach record $10.8 billion Via Investing.com
US shoppers may have set a new Black Friday spending record with $10.8 billion in purchases, as reported by Adobe (NASDAQ:) Inc. on Saturday.
The surge in digital purchases continues the weekend following the US Thanksgiving holiday, with $5.2 billion in spending expected on Saturday and $5.6 billion on Sunday.
Adobe, a reliable source of e-commerce tracking, also presented its first Cyber Monday forecast, predicting $13.2 billion in online consumer spending. This prediction, if met, could mark another big day for retailers and e-commerce platforms.
This article was created with the support of AI and reviewed by an editor. For more information see our T&C.