ZIM - Wall Street Breakfast: Rattling Supply Chains
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Prime DayConsumers continue to fill up their shopping carts on Amazon (NASDAQ:AMZN) Prime Day, with under 24 hours to go for the two-day event. Discounts are available on more than 2M items for shoppers in 20 countries, including "Lightning Deals" that sell out fast or expire in just a few hours. While Amazon never discloses the full financials of Prime Day, market research firm e-marketer forecasts sales from the shopping bonanza will grow 19% to $11.8B versus a year ago.Y/Y comparison: While that figure marks significant growth, it would be less than the exponential rate seen in years past. The date shift into the third week of June this year also puts Prime Day in Amazon's second quarter, which was a period in 2020 that saw
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Wall Street Breakfast: Rattling Supply Chains