Deutsche Bank Downgrades Adobe(ADBE.US) to Hold Rating

Futu News07:31 · Ratings

Tech Selloff Drives Nasdaq Down by 1.9%

MT Newswires05:56

USA holiday season e-commerce sales soared to a record-breaking $241.4 billion, with discounts, promotions, and AI shopping assistants being the main drivers.

According to Adobe, during the 2024 holiday shopping season, total e-commerce sales in the USA increased by 8.7% year-on-year to reach 241.4 billion USD, setting a new historical high. More than half of the total spending was concentrated on electronics, outfits, and Housewares, while groceries and Cosmetic became the fastest-growing categories. AI shopping assistants and significant discounts were the key factors driving holiday shoppers' Consumer behavior.

wallstreetcn03:30

AI startups are driving a recovery in the USA venture capital market, with total financing in 2024 increasing by nearly 30% year-on-year.

According to data released by PitchBook on Tuesday (January 7), AI startups have played an important role in driving the recovery of the USA venture capital market from its low point, with total venture capital reaching 209 billion USD in 2024, an almost 30% year-on-year increase.

FX16803:20

Equity Markets Fall Intraday as Mega-Cap Stocks Weigh

MT Newswires03:19

Benzinga Market Summary: NVIDIA Falls As Market Digests CES Announcements, S&P Slides As Yields Gain Following Economic Data, Gold And Silver Rise, Adobe Analytics Data Show Record Holiday Sales

Benzinga02:13