Here are some of the best analyst calls of the week on Wall Street including PayPal, WWE

Here are some of the best analyst calls on Wall Street this week:MKM – World Wrestling Entertainment, buy ratingMKM reiterated its buy rating on World Wrestling Entertainment this week. The analyst said the company has the “best multi-year growth potential” within the firm’s media and entertainment universe. “A series of meetings we hosted last week with WWE management reinforced our view the company has the best multi-year growth potential within our Media & Entertainment universe. “We also exp


Here are some of the best analyst calls on Wall Street this week:MKM – World Wrestling Entertainment, buy ratingMKM reiterated its buy rating on World Wrestling Entertainment this week.
The analyst said the company has the “best multi-year growth potential” within the firm’s media and entertainment universe.
“A series of meetings we hosted last week with WWE management reinforced our view the company has the best multi-year growth potential within our Media & Entertainment universe.
“We also exp
Here are some of the best analyst calls of the week on Wall Street including PayPal, WWE Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: michael bloom
Keywords: news, cnbc, companies, company, including, paypal, sales, best, entertainment, mondelez, growth, wall, week, online, wwe, street, analyst, amazon, calls


Here are some of the best analyst calls of the week on Wall Street including PayPal, WWE

World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images

(This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are some of the best analyst calls on Wall Street this week:

MKM – World Wrestling Entertainment, buy rating

MKM reiterated its buy rating on World Wrestling Entertainment this week. The analyst said the company has the “best multi-year growth potential” within the firm’s media and entertainment universe. The company is also armed with a brand new television contract and international deals, which the firm expects to lead to accelerated subscriber growth. “A series of meetings we hosted last week with WWE management reinforced our view the company has the best multi-year growth potential within our Media & Entertainment universe. WWE is at a financial inflection point with its new, five-year domestic TV rights contract for Raw and Smackdown having commenced this quarter and its largest international deals beginning in 1Q20. Furthermore, the WWE Network is repositioned for a reacceleration in subscriber growth as a result of multiple new initiatives planned over the coming year. … 2020-2024 has multiple catalysts with sizable potential.”

Cowen – AstraZeneca, outperform & top pick for 2020

Cowen named AstraZeneca a top pick for 2020 this week and said the multinational pharmaceutical company has all the “attributes” need to be a “top” performer next year. In addition, the analyst says the company has “low relative exposure” to the U.S. and is “less vulnerable” to election rhetoric. The firm also said the company has “opportunity for upside” and many “promising” new products in the pipeline. “AZN product momentum and high relative growth are not unrecognized. However, drug stocks with these characteristics can outperform for extended periods as management executes, and there is opportunity for upside as forecasts are below AZN guidance/ambitions. Low relative exposure to U.S. makes AZN less vulnerable to election rhetoric. These attributes should drive AZN to top performance in 2020.”

Craig-Hallum- PayPal, buy rating

PayPal is aiding retailers that are making the necessary technology investment to help better compete against Amazon, according to Craig-Hallum. While the analyst says Amazon is still the dominant online retailer he also said that the e-commerce giant doesn’t have the “lock” on online sales that is often believed. The analyst also points out that according to reports, Walmart and Target are growing faster in eCommerce this year than Amazon. Craig-Hallum said PayPal can take advantage of the fact that non-Amazon retailers’ accept the company’s payment while Amazon doesn’t. “We also expect PayPal to benefit from non-Amazon retailers’ significant investment in online sales and digitally originated sales capabilities that more effectively compete against Amazon than in years past. This year we have seen WMT and TGT both growing their e-Commerce sales growing significantly faster than Amazon’s 1st party sales. A number of sources have shown online social media mentions putting BBY, WMT and TGT right in the mix with AMZN and retail experts noting they are well positioned. We believe that not all investors fully appreciate that increased disclosures by Amazon this year caused online sales market share estimates to be revised to 38% from 47% by eMarketer. While still the dominant online retailer, Amazon does not have the lock on online sales that is often perceived.”

Bernstein – Mondelez, outperform rating

Bernstein laid out it’s “Blue-Sky” scenario for Mondelez in a note to clients this week. The firm called the multinational food and beverage holding company a “solid standalone” investment and said it sees a $78 stock in three years. Bernstein said the company has a large exposure to the “faster-growing” snacking category and also believes a merger with Pepsi’s snack business would be a winning combination. “Mondelez represents a solid standalone investment. With ~80% exposure to the faster-growing snacking category and close to 40% of sales in emerging markets, Mondelez has the potential to grow the top-line at ~4% based on its category and geographic exposures. Meanwhile, adding deal-making to the equation could represent additional upside for Mondelez. Should Mondelez’s sales momentum taper off as it faces tougher comps in FY20, this could attract renewed interest from activist investors, who may push for a combination of Mondelez and Pepsi’s snack business to unlock additional value for shareholders.”

Canaccord Genuity – Penumbra, buy rating


Company: cnbc, Activity: cnbc, Date: 2019-12-07  Authors: michael bloom
Keywords: news, cnbc, companies, company, including, paypal, sales, best, entertainment, mondelez, growth, wall, week, online, wwe, street, analyst, amazon, calls


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Over 3 million people took these 5 online courses in 2019—here’s what they teach you

Today, one of the most common ways for workers to do this is by taking a course online. Project Management FoundationsCourse description: “Project management is a start-to-finish approach to getting things done and making projects more successful. It’s a profession, but it’s also a set of techniques that anyone can apply to achieve goals and manage project work more effectively. Project management can be used to guide small, simple projects as well as complex enterprise-wide initiatives.” Online


Today, one of the most common ways for workers to do this is by taking a course online.
Project Management FoundationsCourse description: “Project management is a start-to-finish approach to getting things done and making projects more successful.
It’s a profession, but it’s also a set of techniques that anyone can apply to achieve goals and manage project work more effectively.
Project management can be used to guide small, simple projects as well as complex enterprise-wide initiatives.”
Online
Over 3 million people took these 5 online courses in 2019—here’s what they teach you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: abigail hess
Keywords: news, cnbc, companies, 2019heres, marketing, took, million, linkedin, description, project, teach, course, work, management, online, workers, python, courses


Over 3 million people took these 5 online courses in 2019—here's what they teach you

As technology continues to transform business, workers are using technology to transform themselves throughout their careers. Today, one of the most common ways for workers to do this is by taking a course online. There are several online education providers offering free and low-cost courses for workers hoping to “upskill,” meaning they want to pick up a new skill that can help them advance their careers. One of those providers is LinkedIn Learning, which costs about $299.88 per year but is often offered to students by their universities or to workers through their employers. Approximately 93 million workers took a course on LinkedIn Learning in 2019. LinkedIn recently analyzed their user data to determine their most popular courses of the year. More than 3 million people took these five courses: 5. Python Essential Training

Course description: “This course covers the basics of the language syntax and usage, as well as advanced features such as objects, generators, and exceptions. Learn how types and values are related to objects; how to use control statements, loops, and functions; and how to work with generators and decorators. Bill also introduces the Python module system and shows examples of Python scripting at work in a real-world application.” 4. Project Management Foundations

Course description: “Project management is a start-to-finish approach to getting things done and making projects more successful. It’s a profession, but it’s also a set of techniques that anyone can apply to achieve goals and manage project work more effectively. Project management can be used to guide small, simple projects as well as complex enterprise-wide initiatives.” 3. Online Marketing Foundations

Course description: “Learn how to promote your business effectively online and develop a targeted online marketing strategy that engages potential customers throughout the digital landscape. In this course, Brad Batesole explains today’s digital marketing techniques in simple terms, demonstrating how to build a successful online marketing campaign for all digital channels: search, video, social, email, and display.” 2. Cert Prep: Project Management Professional (PMP)

Course description: “This certification training course teaches critical project management concepts from the exam and offers study guides and sample practice exams to hone your test-taking skills. This course also fulfills the 35-hour education requirement needed to sit for the exam and provides 35 PDUs for current PMPs who need the credit to maintain their certification.” 1. Excel Essential Training


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: abigail hess
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Cyber Monday sales to hit record $9.2 billion, Adobe says

As of Monday morning, Adobe was calling for Cyber Monday online sales to hit $9.4 billion, climbing 18.9% from 2018. Last year, Cyber Monday sales hit a fresh $7.9 billion. Meanwhile, shopping online on Black Friday hit a record of $5.4 billion, up 22.3% from a year ago, Adobe said. Online sales for the entire holiday season are forecast by the firm to hit $143.7 billion. On Black Friday, Adobe said states that saw over 2 inches of snow recorded an increase of 7% in online sales.


As of Monday morning, Adobe was calling for Cyber Monday online sales to hit $9.4 billion, climbing 18.9% from 2018.
Last year, Cyber Monday sales hit a fresh $7.9 billion.
Meanwhile, shopping online on Black Friday hit a record of $5.4 billion, up 22.3% from a year ago, Adobe said.
Online sales for the entire holiday season are forecast by the firm to hit $143.7 billion.
On Black Friday, Adobe said states that saw over 2 inches of snow recorded an increase of 7% in online sales.
Cyber Monday sales to hit record $9.2 billion, Adobe says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: lauren thomas
Keywords: news, cnbc, companies, spending, cyber, hit, season, sales, online, billion, black, shopping, record, adobe, day


Cyber Monday sales to hit record $9.2 billion, Adobe says

Cyber Monday sales in 2019 are reaching new records, as the ease of shopping on the internet beats hopping in the car to head to the mall.

Shoppers are expected to ring up a whopping and record $9.2 billion online on Monday, up 16.9% from a year ago, with people spending an estimated $11 million every minute from 11 pm E.T. to midnight, according to Adobe Analytics, which tracks the web transactions of 80 of the top 100 internet retailers in the U.S.

Monday is also expected to become the first day in history where consumers spend over $3 billion, in a 24-hour window, via their smartphones.

As of Monday morning, Adobe was calling for Cyber Monday online sales to hit $9.4 billion, climbing 18.9% from 2018. Estimates later in the day were slightly below that number. Last year, Cyber Monday sales hit a fresh $7.9 billion.

Top sellers online on Monday included “Frozen 2” Toys, LOL Surprise Dolls, NERF products, the Nintendo Switch, Samsung TVs, Airpods and air fryers, Adobe said.

Online deals, coupled with the fact that promotions are moving earlier in the season, have lessened Black Friday’s clout. Many analysts and onlookers said traffic was lighter at malls and stores this year. Black Friday sales for bricks-and-mortar shops dropped 6.2%, after shopping on Thanksgiving Day rose 2.3%, according to ShopperTrak data released this past weekend.

Meanwhile, shopping online on Black Friday hit a record of $5.4 billion, up 22.3% from a year ago, Adobe said. Spending on the web on Thanksgiving Day surpassed $4 billion for the first time ever.

“Black Friday has lost at least some relevance as a barometer of the health of consumer spending,” Oppenheimer & Co. analyst Brian Nagel said. “Our simple analysis of data suggest clearly that overall trends in consumer spending remain healthy and that those chains with the best, most compelling online offerings are best positioned to capitalize upon this solid underlying dynamic.”

For the holiday season so far, or from Nov. 1 through Dec. 1, $72.1 billion has been spent online, Adobe said. Online sales for the entire holiday season are forecast by the firm to hit $143.7 billion.

Some nasty weather across parts of the U.S. also helped fuel a spike in online retail purchases over the weekend. On Black Friday, Adobe said states that saw over 2 inches of snow recorded an increase of 7% in online sales.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: lauren thomas
Keywords: news, cnbc, companies, spending, cyber, hit, season, sales, online, billion, black, shopping, record, adobe, day


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Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says

Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics. Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue. Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said. Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion. Online shopping on Black Friday hit a record


Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics.
Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue.
Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said.
Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion.
Online shopping on Black Friday hit a record
Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, toys, billion, latenight, boosted, black, shoppers, spree, shopping, hit, sales, cyber, spending, adobe, spent, online, record


Cyber Monday online sales hit record $9.4 billion, boosted by late-night spending spree, Adobe says

A U.S. Postal Service (U.S.P.S.) worker unpacks packages from a truck on December 02, 2019 in San Francisco, California. Cyber Monday shoppers are on track to spend a record $9.4 billion on online purchases, a nearly 19 percent jump from one year ago, following strong Black Friday sales purchases of $7.2 billion.

Cyber Monday shoppers spent a record $9.4 billion online, up 19.7% from a year ago, according to data released by Adobe Analytics.

Adobe, which monitors the online transactions of 80 of the top 100 web retailers in the United States, was initially predicting that Cyber Monday online sales would hit $9.4 billion but preliminary results suggested that sales fell short of estimates.

But the numbers got a boost from late night shoppers. Between 10 p.m. and 2 a.m., consumers spent $2.9 billion online — nearly a third of the day’s total revenue.

In addition to buying more items, Cyber Monday shoppers were also buying pricier products. Adobe found that the average consumer’s online shopping cart was 6% bigger at checkout than last year.

Top-selling products included Frozen 2 toys, L.O.L. Surprise dolls, the Nintendo Switch, Samsung TVs and Apple laptops.

Retailers with more than $1 billion in annual revenue saw online sales jump 540% compared to an average day, Adobe said. Smaller retailers with less than $50 million in yearly sales also benefited from the shopping holiday, seeing a 337% increase.

E-commerce giant Amazon did not release any data about its Cyber Monday sales but said that the top categories sold on its site were toys, home, fashion and health and personal care. Top toys sold between Black Friday and Cyber Monday on Amazon included Monopoly Game: Disney Frozen 2 Edition and Lego Star Wars Darth Vader’s Castle.

Adobe is forecasting that online sales for the entire holiday season will hit $143.8 billion. So far, shoppers have spent $81.5 billion online between Nov. 1 and Dec. 2, according to Adobe.

Online shopping on Black Friday hit a record of $5.4 billion, up 22.3% from a year ago, Adobe said. But both Thanksgiving and Black Friday online sales fell short of Adobe’s initial estimates.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: amelia lucas
Keywords: news, cnbc, companies, toys, billion, latenight, boosted, black, shoppers, spree, shopping, hit, sales, cyber, spending, adobe, spent, online, record


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Cyber Monday shoppers on track to hit a record $9.4 billion, Adobe says

Cyber Monday shoppers have already spent $473 million in online sales, as of 9 a.m. States that saw more than 2 inches of snow also saw a 7% boost in online sales, Adobe said. Last year, Cyber Monday sales hit $7.9 billion. This year, shoppers didn’t wait until Cyber Monday to start their online shopping. Online spending hit a record of $5.4 billion, up 22.3% from a year ago, according to Adobe data Sunday night.


Cyber Monday shoppers have already spent $473 million in online sales, as of 9 a.m.
States that saw more than 2 inches of snow also saw a 7% boost in online sales, Adobe said.
Last year, Cyber Monday sales hit $7.9 billion.
This year, shoppers didn’t wait until Cyber Monday to start their online shopping.
Online spending hit a record of $5.4 billion, up 22.3% from a year ago, according to Adobe data Sunday night.
Cyber Monday shoppers on track to hit a record $9.4 billion, Adobe says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: mallika mitra
Keywords: news, cnbc, companies, online, according, data, record, track, shoppers, adobe, cyber, billion, sales, hit, shopping


Cyber Monday shoppers on track to hit a record $9.4 billion, Adobe says

Big tech platforms have consumer data histories to inform advertising strategies, but lack of personalization in ads is still a big problem for the e-commerce industry.

Holiday shoppers aren’t headed to the store today. But they’re still spending.

Cyber Monday shoppers have already spent $473 million in online sales, as of 9 a.m. ET, according to data released by Adobe Analytics, which monitors the online transactions of 80 of the top 100 web retailers in the U.S.

Cyber Monday online sales are on track to hit $9.4 billion, or 18.9% year-over-year growth, according to preliminary data, Adobe said.

Between 10 p.m. ET Monday and 2 a.m. ET Tuesday, Adobe is expecting shoppers to spend $2.8 billion, 30% of the day’s revenue. Shoppers are expected to spend $11 million per minute during the peak hour of 11:00 p.m. ET and midnight ET, as they jump on deals before they end.

As extreme weather hits some areas of the country, shoppers may be even more motivated to do their shopping from home. States that saw more than 2 inches of snow also saw a 7% boost in online sales, Adobe said.

The top sellers so far in toys include “Frozen 2,” L.O.L Surprise Dolls and Paw Patrol, while top video games and consoles include Madden 20, FIFA 20 and Nintendo Switch. Samsung TVs, Apple laptops and Amazon Echo are among the most popular electronic products, according to Adobe.

Last year, Cyber Monday sales hit $7.9 billion.

This year, shoppers didn’t wait until Cyber Monday to start their online shopping. Retailers began sales in early November and lines were thin at stores on Black Friday as deals began on Thanksgiving Day.

Black Friday was predicted to be the busiest shopping day of the year in the U.S. for shoppers to head out to stores, but even on that day people were loading up online shopping carts. Online spending hit a record of $5.4 billion, up 22.3% from a year ago, according to Adobe data Sunday night.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: mallika mitra
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What to watch out for when shopping online from work this Cyber Monday

Justin Lubin | NBCU Photo BankIf you’re like many workers, you’ll be shopping online while you’re working today. A recent survey from Robert Half Technology, a human resources consulting company, found that 52% of employees plan to shop online this Cyber Monday. Cyber Monday is the most popular day for online shopping at work — or “workshopping” — according to 43% of those surveyed, followed by Amazon Prime day, with 38%. Another group that’s most likely to search for goods at work: working pare


Justin Lubin | NBCU Photo BankIf you’re like many workers, you’ll be shopping online while you’re working today.
A recent survey from Robert Half Technology, a human resources consulting company, found that 52% of employees plan to shop online this Cyber Monday.
Cyber Monday is the most popular day for online shopping at work — or “workshopping” — according to 43% of those surveyed, followed by Amazon Prime day, with 38%.
Another group that’s most likely to search for goods at work: working pare
What to watch out for when shopping online from work this Cyber Monday Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: lorie konish
Keywords: news, cnbc, companies, online, workers, working, youre, web, shop, cyber, survey, watch, shopping, work, technology


What to watch out for when shopping online from work this Cyber Monday

Pictured: (l-r) Rainn Wilson as Dwight Schrute and Steve Carell as Michael Scott in an episode of “The Office.” Justin Lubin | NBCU Photo Bank

If you’re like many workers, you’ll be shopping online while you’re working today. A recent survey from Robert Half Technology, a human resources consulting company, found that 52% of employees plan to shop online this Cyber Monday. Cyber Monday is the most popular day for online shopping at work — or “workshopping” — according to 43% of those surveyed, followed by Amazon Prime day, with 38%. And 44% of workers admitted that their productivity suffers when they shop, according to the survey. Workers who are most likely to “workshop” include those ages 25 to 40. Men were more inclined than women to admit that scrolling for deals hurt their productivity.

Another group that’s most likely to search for goods at work: working parents. As you scour the web at work for sales, there are some risks you want to keep in mind.

Compromised security

With more shoppers online, there’s also an increase in predators who want to steal your credit card numbers and other personal information. When online shopping at work, you also run the risk of giving those bad actors access to your company server, which can cause all kinds of problems, said Bill Driscoll, senior district president at Robert Half Technology. To help avoid that, always use websites you know and make sure the web address starts with “https,” Driscoll said. More from Personal Finance:

Cyber Monday strategies: the do’s and don’ts this shopping season

How to avoid digging yourself deeper in debt this holiday season

Steps to take now to get a good financial start in 2020

Damaged reputation


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: lorie konish
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How Google uses A.I. to help businesses increase profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” While it’s not clear if Google is providing all these services to businesses whose websites are hosted on its cloud, Tharp said some of its partners include Home Depot and


Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday.
“We’re helping retailers with Google A.I.
to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.”
While it’s not clear if Google is providing all these services to businesses whose websites are hosted on its cloud, Tharp said some of its partners include Home Depot and
How Google uses A.I. to help businesses increase profits from online shopping Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: kevin stankiewicz
Keywords: news, cnbc, companies, profits, cyber, sales, uses, google, businesses, retail, increase, online, shopping, cloud, weekend, help, retailers, websites, tharp


How Google uses A.I. to help businesses increase profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday.

“We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” “So it’s really helping that retail C-suite deliver on all of their financial goals.”

While it’s not clear if Google is providing all these services to businesses whose websites are hosted on its cloud, Tharp said some of its partners include Home Depot and Kohl’s.

Tharp’s comments on the retail landscape come on Cyber Monday, the annual e-commerce bonanza that is on pace to generate more than $9 billion in sales, according to Adobe Analytics.

Online sales on Black Friday hit a record $7.4 billion, according to Adobe. Meanwhile, store foot traffic fell by about 6%, ShopperTrak found.

Tharp, who joined Google Cloud in July, previously served as chief digital officer at Neiman Marcus Group, where she oversaw the luxury retailer’s push to embrace data and digital analysis.

“We also think that the future of retail is driven by retail intelligence,” Tharp said,.

For Cyber Monday and the Thanksgiving shopping weekend, in particular, Google Cloud has placed an intense focus on making sure websites do not crash — especially with the record sales that had been expected, Tharp said.

A Google survey from July found 10% of companies had their websites crash during Black Friday or Cyber Monday in 2018, while 40% said it happened during the last three years.

That represents a potential loss of revenue for businesses, which is why Tharp said her team has engineers “sitting with them through the actual weekend in their war rooms, making sure their systems scale no matter what happens so that there’s never a break-the-internet moment for one of the retailers hosted on Google Cloud.”


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: kevin stankiewicz
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Target and Walmart are a threat to Amazon this Cyber Monday

Amazon has become a huge threat to big-box stores in recent years, but those retailers may be making a comeback this Cyber Monday. Walmart and Target had bigger jumps than Amazon in online customer spending during the first two weeks of November compared with the same period last year, according research firm Edison Trends, which looked at more than 1.2 million transactions. Walmart took in 51% more than last year, while Target followed close behind with a 47% increase. “Retailers have gone from


Amazon has become a huge threat to big-box stores in recent years, but those retailers may be making a comeback this Cyber Monday.
Walmart and Target had bigger jumps than Amazon in online customer spending during the first two weeks of November compared with the same period last year, according research firm Edison Trends, which looked at more than 1.2 million transactions.
Walmart took in 51% more than last year, while Target followed close behind with a 47% increase.
“Retailers have gone from
Target and Walmart are a threat to Amazon this Cyber Monday Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: mallika mitra, lauren thomas
Keywords: news, cnbc, companies, online, stores, investing, according, site, walmart, cyber, amazon, ecommerce, spending, threat, target


Target and Walmart are a threat to Amazon this Cyber Monday

Amazon has become a huge threat to big-box stores in recent years, but those retailers may be making a comeback this Cyber Monday.

Walmart and Target had bigger jumps than Amazon in online customer spending during the first two weeks of November compared with the same period last year, according research firm Edison Trends, which looked at more than 1.2 million transactions.

Walmart took in 51% more than last year, while Target followed close behind with a 47% increase. Amazon’s customer spending grew just 32%.

As retailers battle for market share, they are investing in their e-commerce options, and integrating them with brick-and-mortar stores. This includes adding more products to their online shops, offering in-store pick up for items purchased online and direct shipping from stores to customers’ houses, according to Nomura Instinet analyst Michael Baker. These companies are also investing in the infrastructure of their websites to allow them to handle big shopping days like Cyber Monday.

“Retailers have gone from being in denial about the potential threat of e-commerce to accepting that e-commerce is a real threat and investing to take advantage of the omnichannel asset,” Baker said.

They’re realizing that they can compete with Amazon to win back market share, he added.

There is a lot of competing to be done. Amazon sees more users start with its site when online shopping than on any other site, including Google, according to a recent report by Bain & Co.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: mallika mitra, lauren thomas
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It’s Cyber Monday: How to tell if your online shopping habit is a problem

For Cyber Monday, the internet is full of online shopping land mines. It’s easy to get sucked into to online shopping, particularly around the holidays. An estimated 68.7 million people will shop on Cyber Monday this year, according to a 2019 National Retail Foundation survey. While shopping more than usual this month, or making some uncharacteristically extravagant purchases on Cyber Monday is normal, extreme online shopping can become a problem for some. Compulsive buying disorder, also known


For Cyber Monday, the internet is full of online shopping land mines.
It’s easy to get sucked into to online shopping, particularly around the holidays.
An estimated 68.7 million people will shop on Cyber Monday this year, according to a 2019 National Retail Foundation survey.
While shopping more than usual this month, or making some uncharacteristically extravagant purchases on Cyber Monday is normal, extreme online shopping can become a problem for some.
Compulsive buying disorder, also known
It’s Cyber Monday: How to tell if your online shopping habit is a problem Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: cory stieg
Keywords: news, cnbc, companies, online, relieve, improve, problem, shopping, cyber, muller, tell, retail, regulate, buying, habit, shop


It's Cyber Monday: How to tell if your online shopping habit is a problem

For Cyber Monday, the internet is full of online shopping land mines. It’s easy to get sucked into to online shopping, particularly around the holidays. An estimated 68.7 million people will shop on Cyber Monday this year, according to a 2019 National Retail Foundation survey. And last year, Americans spent $6.9 billion on Cyber Monday alone, which is a 19.3% increase from 2017.

While shopping more than usual this month, or making some uncharacteristically extravagant purchases on Cyber Monday is normal, extreme online shopping can become a problem for some.

Compulsive buying disorder, also known as “shopping addiction” or “buying and shopping disorder,” is a mental health condition that affects about 5% of the population, according to a 2016 study. It is characterized by “extreme preoccupations with and cravings for buying and shopping, and by irresistible and identity-seeking urges to possess consumer goods,” explains Astrid Muller, a psychology professor at Hannover Medical School in Germany, who studies the disorder.

So what separates harmless shopaholics from those with a problem?

People with a shopping addiction may shop to a persistent, excessive and impulsive degree regardless of the financial or psychological consequences. They may buy more than they can afford, or shop for things that they have no use for, Muller tells CNBC Make It.

Most people are familiar with “retail therapy” or shopping to relieve sadness. Similarly, excessive shopping is an outlet that people use to regulate their emotions, Muller says. For example, they shop to get pleasure, relieve negative feelings or cope with stress. A person who’s addicted to shopping doesn’t just shop to get a deal on a product they need or want; they do it to improve their mood, gain social recognition and improve their self-image.

If your typical shopping patterns and habits meet several of the criteria — strong cravings, shopping to regulate emotions, not using purchased goods — then that’s cause for concern, Muller says.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: cory stieg
Keywords: news, cnbc, companies, online, relieve, improve, problem, shopping, cyber, muller, tell, retail, regulate, buying, habit, shop


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