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1.8240186779496E-05 0.000383043922369831 0.000255362614913152 0.000328323362031343 -0.00182401867795126 -0.00411316211878009 -0.00454180650809866 -0.00707719247045089
Stock impact report

You're paying more for less this shopping season. Now there's proof [CNN]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: CNN
Mastercard reported a steady 4.1% increase in US retail sales on Black Friday and Adobe Analytics said online shopping surged by 9.1%. Salesforce expects Cyber Monday sales to also climb by 4%. All of that is a pretty solid showing, given the gloom and doom in economic polls, crumbling consumer confidence and mounting frustrations over the cost of living. However, beneath the surface of those strong headline numbers lies a disturbing trend: Americans are spending more but getting less. Although overall US online shopping increased 3% on Black Friday, it was driven by a 7% jump in the average selling price, according to Salesforce. Order volume, which measures how much was bought in a certain time frame, also declined 1% versus Black Friday 2024, Salesforce said. And shopping carts were smaller on Black Friday, as units per transaction dropped by 2%. “Consumers are paying more per item than last year, but it's not stopping them from coming out and spending,” Caila Schwartz Show less Read more
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