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Friday, July 17, 2026

Amazon’s $8.3 billion Prime Day sends Wall Street a warning

Amazon just gave Wall Street a new consumer warning

By Faizan Farooque, The Street.com

Amazon’s Prime Day is off to a solid start, but the main news may not be how much shoppers are shelling out.

It may be what they’re buying.

U.S. online spending on the first day of Amazon’s four-day Prime Day event jumped 5.3% to $8.3 billion across merchants from a year ago, Adobe Analytics said. That made June 23 the biggest e-commerce day of 2026 to date, with spending tracking above Adobe’s estimates.

More here >

This post was originally published on this site

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