This has been a big year for e-commerce. Cyber Monday sales topped $6.5 billion according to Adobe Insights. And 2018 is expected to be even bigger.
Hilary George-Parkin, Writer at Racked, and Rishi Prabhu, Co-Founder of Bespoke Post, share their insights into the world of e-commerce in 2018. They both expect online shopping to become even more popular as customers become more comfortable with the concept. However, they both note that brick-and-mortar isn't going away any time soon.
Many legacy retailers are buying up e-commerce companies, and vice-versa. George-Parkin and Prabhu both expect this trend of brick-and-mortar and e-commerce mergers to continue. They also discuss the rising trend of digital native companies like Everlane opening up physical locations for the first time.
Bob Lang, Chief Options Strategist at Explosive Options, joins J.D. Durkin on the floor of the NYSE for a look at how traders are approaching the markets.
Seth Schachner, Managing Director at Strat Americas, talks Disney's taking control of Hulu, Warner Bros. and Discovery's split and how if affects the viewers.
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
