Cyber Monday is the final day of the Thanksgiving shopping extravaganza and this year, shoppers racked up a whopping $9.2 billion in online sales. According to figures from Adobe Analytics, people were spending $11 million a minute. Samsung TVs, Apple’s AAPL AirPods, Air Fryers, and Frozen 2 toys were some of the top items sold.
Consumers were also buying up smartphones on Monday, with sales breaking the $3 billion mark; smartphone purchases also accounted for one-third of all sales.
So far, $72 billion has been spent online since the start of November. As for Black Friday, sales touched $7.4 billion while consumers spent a record $4.2 billion on Thanksgiving Day.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.
See 7 handpicked stocks now >>