The holiday shopping season got off to a solid start over the weekend, as online Black Friday sales beat expectations.
Consumers spent a record $9.12 billion online shopping during Black Friday this year, according to Adobe.
Black Friday shoppers bought Apple products, espresso machines and gaming consoles, as well as toys from Funko, Hatchimals and Squishmallows.
Nintendo said sales of Pokémon Scarlet and Pokémon Violet for the Nintendo Switch surpassed 10 million units in the first three days since launch on Nov. 18.
Earnings reports from the country’s biggest retailers take center stage next week, as does retail sales data for October.
Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.
Pending home sales suffered a worse decline than expected from August to September, as mortgage rates surged.
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