00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. online shoppers spent more than $26.4 billion during Amazon's four-day Prime Day event
00:09from June 23rd through June 26th, according to Reuters. The total marked a 9.3% increase
00:16from a year earlier. Adobe Analytics said strong discounts drove purchases of electronics,
00:23toys, appliances, and personal care products. CFRA analyst Arun Sundaram said tax
00:29refunds may have supported discretionary spending, after average refund amounts rose 11.1% to $3,462
00:37in 2026. Shoppers also bought kids' items, apparel, hygiene products, and home goods ahead
00:45of back-to-school season. Alex Partners' Sonja Lipinski said consumers were using deals to
00:51stretch their budgets. Numerator said the average order size fell to $47.66 from $53.34.
00:59For all things money, visit Benzinga.com.
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