Consumers Spent $7.2B On First Day Of U.S. Prime Day Event
Portfolio Pulse from Benzinga Newsdesk
Adobe reports that consumers spent $7.2 billion on the first day of the U.S. Prime Day event.
July 17, 2024 | 1:47 pm
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Adobe reports that consumers spent $7.2 billion on the first day of the U.S. Prime Day event, indicating strong consumer demand and potentially boosting Amazon's revenue and stock price.
The significant spending on Prime Day suggests strong consumer demand, which is likely to positively impact Amazon's revenue and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100