Amazon and Walmart held overlapping summer sales that attracted 93% of U.S. adult shoppers, up from 135 million the previous year. However, average spending per customer dropped significantly at both retailers, with Amazon's average falling from $360 to $308 and Walmart's from $484 to $326. This shows that while the events expanded the customer base, they compressed the value of each shopper, as many consumers compared prices in real time and chose deals primarily based on price rather than loyalty. Additionally, AI tools are increasingly influencing purchase decisions upstream, potentially reducing retailers' control over product discovery. The retail calendar is shifting toward continuous demand management rather than isolated sales events, making profitability and customer loyalty more critical than just reach and participation.
Recent U.S. economic data shows cooling inflation and resilient consumer spending, easing concerns and shifting Wall Street's focus to Q2 earnings from major tech companies like Alphabet, Tesla, and IBM. These earnings will provide insight into AI sp...
Amazon now requires third-party sellers to label any product images or videos featuring AI-generated people, following a new New York law that demands disclosure when synthetic performers replace human actors in ads. This policy aims to increase tran...
Big Tech companies like Google, Microsoft, Meta, and Amazon are accelerating AI revenue growth but facing financial challenges as capital expenditures (capex) rise faster than operating cash flow. The company with the highest capex in 2026 has turned...
Microsoft's Xbox is testing an ad-supported model for streaming games users already own, aiming to make gaming more affordable. Meanwhile, Amazon is integrating its Luna cloud gaming service into Prime Video, increasing its visibility to Prime subscr...
Amazon is overhauling its Prime Video streaming service to prominently feature its artificial intelligence (AI) capabilities, following founder Jeff Bezos's directive. The new project, called Lighthouse, aims to showcase Amazon's AI advancements to o...
