Cyber Weekend sales have transitioned into Cyber Monday, with Adobe Analytics expecting consumers to spend as much as $13.2 billion on this day alone after spending $10.8 billion on Black Friday. This year’s total Cyber Week sales are currently expected to cross over $40 billion. Seana Smith and Brad Smith review this year’s e-commerce and shopping trends that kick off the 2024 holiday shopping season. Barclays analyst Adrienne Yih, BMO Capital Markets analyst Simeon Siegel, and Mastercard Economics Institute chief economist Michelle Meyer all joined Yahoo Finance executive editor Brian Sozzi on this morning’s Opening Bid to talk about the biggest winners from this year’s Black Friday event and how President-elect Donald Trump’s new tariffs could impact the retail sector.
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