Affluent Shoppers Drive Black Friday Spending Growth in the U.S.

Deep News
Dec 01

MasterCard's SpendingPulse data released on Monday showed a 4.1% year-over-year increase in sales during the U.S. Black Friday shopping season, fueled by AI-driven traffic surges and higher spending from wealthy households. This trend underscores sustained demand for payment networks like MasterCard (MA) and analytics platforms such as Adobe (ADBE).

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