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Stock impact report

Wall Street Lunch: Early Deals And Generative AI Push Holiday Spending To Nearly $80B [Seeking Alpha]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
Company Research Source: Seeking Alpha
Generative AI is transforming holiday shopping, with AI-driven traffic up 830% and significantly boosting conversion rates for retailers. Urban Outfitters (URBN) posted record Q3 sales and net income, beating expectations and driving shares higher on digital channel strength. OpenAI projects ChatGPT subscriptions could reach 220 million by 2030, while Campbell's (CPB) faces controversy over executive comments and product ingredients. svetikd/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify Consumers have already spent about $79.7 billion online this holiday season. (0:15) White House green lights ‘ Rush Hour 4 .' (1:50) OpenAI forecasts 220 million paying for ChatGPT. (2:13) This is an abridged transcript of the podcast: Our top story so far, consumers have already spent about $79.7 billion online this holiday season. Adobe says the early holiday spending is up about 7.5% from last year's pace. Adobe highlighted that the strong spending Show less Read more
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