Amazon shares jump on news of record holiday sales
Amazon shares surged 4.4 percent higher on Thursday after the online retail giant announced "record-breaking" holiday sales, Barron's reports. The company said its customers ordered "billions of items" in the Thanksgiving-to-Christmas season. Amazon said its own devices helped boost sales, with customers snapping up tens of millions of Echo Dots, Fire TV Sticks, Echo Show 5s, and other Alexa-enabled gadgets, according to CNN. The devices have been big sellers for several years, making Amazon the biggest provider of voice assistants. Other popular items included the LOL Surprise Glitter Globe Doll Winter Disco Series with Glitter Hair, iRobot's Roomba 675 vacuum, and the Instant Pot Duo 80 pressure cooker.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.
-
How the UK's electric car plans took a wrong turn
The Explainer Car manufacturers are struggling to meet 'stringent' targets for electric-vehicle sales
By Abby Wilson Published
-
Irish election: what's at stake?
Today's Big Question Weakened centrist coalition of Fine Gael and Fianna Fáil parties may have to share power with conservative independents
By Richard Windsor, The Week UK Published
-
Best UK literary festivals of 2025
The Week Recommends From Hay and Cheltenham to Henley and Oxford, here are some of the year's top events for book lovers
By Tess Foley-Cox Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published
-
Boeing machinists reject deal, continue strike
Speed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
By Peter Weber, The Week US Published
-
Ports reopen after dockworkers halt strike
Speed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
By Peter Weber, The Week US Published
-
Empty-nest boomers aren't selling their big homes
Speed Read Most Americans 60 and older do not intend to move, according to a recent survey
By Peter Weber, The Week US Published
-
Brazil accuses Musk of 'disinformation campaign'
Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
By Rafi Schwartz, The Week US Published
-
Disney board fends off Peltz infiltration bid
Speed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
By Rafi Schwartz, The Week US Published