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The U.S. economic growth seems to be still alive and kicking (despite major setbacks highlighted by the trade dispute against China) as Amazon posts a record-breaking holiday season sales thus far.
Amazon reported its top-sellers this holiday season included the Echo Dot, Fire TV Stick and Echo Show 5. Amazon’s third-party products helped to its cause as they were sold way more this 2019 than last year. It reported a double-digit percentage of third-party product sales increase.
LOL Surprise Glitter Globe Doll Winter Disco Series with Glitter Hair, iRobot’s Roomba 675 vacuum, and Instant Pot Duo80 pressure cooker were among the most popular sold products in Amazon.
John Grisham’s “The Guardians” was hailed as the best-selling book during the holidays. “Home Alone” was the most-searched holiday movie on Fire TV, and Mariah Carey’s “All I want for Christmas is You” has been the most-played song on Amazon Music since late November.
Meanwhile, Amazon’s stock increased by 1% on Thursday.
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
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