64% Hit by Prices: Cyber Weekend Update 12/02/25

64% Hit by Prices: Cyber Weekend Update 12/02/25 Key Stories: The consumer survey, which tracked over 9,100 respondents from Thanksgiving through Cyber Monday, also highlighted a significant shift towards online convenience, with 56% of shoppers primarily or exclusively purchasing goods virtually. E-commerce giant Amazon attracted a dominant 87% of these holiday weekend shoppers, with apparel, beauty products, and groceries being the most purchased categories. This data suggests a cautious consumer in a high-inflation environment, leaning heavily on established online retailers. Read more Due to U.S. sanctions, Lukoil is being forced to divest its international holdings, including a substantial 75% stake in Iraq’s massive West Qurna 2 oilfield. This lucrative asset has also attracted interest from other major players like fellow U.S. energy firm Chevron and private equity giant Carlyle. This potential acquisition could significantly reshape ownership in a key global oil production region, as Western companies look to snap up high-value assets amid geopolitical shifts. Read more This target represents a modest 6% upside from current levels, but the consensus suggests that the stock is unlikely to outperform the broader market in the near term. While there may be some rate relief ahead, potentially boosting consumer spending on home projects, investors should temper expectations for significant outperformance. It indicates that while the company remains fundamentally sound, its growth trajectory may closely mirror general market trends. Read more Keywords: Amazon, Chevron, Consumer spending, Cyber Weekend, E-commerce, Energy, ExxonMobil, HD, Home Depot, Home improvement, Inflation, Lukoil, M&A, Market performance, Numerator, Oilfield, Price target, Retail, Sanctions, Stock rating, West Qurna 2The post 64% Hit by Prices: Cyber Weekend Update 12/02/25 first appeared on Rapid Money Radio.