Amazon Prime Day Drives Record Sales, Plus Nvidia In Talks to Anchor Arm’s IPO 7/12/23
Early Prime Day data looks positive for Amazon, with shoppers spending $6.4 billion on the first day, up almost 6% from last year and making for the single biggest e-commerce day in 2023 according to Adobe. Former Target Vice Chair Jerry Storch joins us for a read on the consumer. Plus, less than two years ago Nvidia tried to buy Arm for some $40 billion, but failed because of anti-trust issues. Flash forward to today, and Nvidia could reportedly anchor the chip designer’s IPO – set to be the biggest this year.
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Show Notes
Early Prime Day data looks positive for Amazon, with shoppers spending $6.4 billion on the first day, up almost 6% from last year and making for the single biggest e-commerce day in 2023 according to Adobe. Former Target Vice Chair Jerry Storch joins us for a read on the consumer. Plus, less than two years ago Nvidia tried to buy Arm for some $40 billion, but failed because of anti-trust issues. Flash forward to today, and Nvidia could reportedly anchor the chip designer’s IPO – set to be the biggest this year.
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