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Retailers prep for an October sales blitz ahead of a cutthroat holiday shopping season

Walmart, Amazon, and Target are leaning on early deal events, faster delivery, and price cuts to win over cash-strapped consumers.

Christmas is still months away, but the holiday shopping wars are already here. Mega-retailers are pushing up their calendars with earlier sales events, faster delivery promises, and perks aimed at budget-conscious shoppers. Next month...

  • Amazon will hold its Prime Big Deal Days on October 7 and 8. The two-day sale is shorter than July’s four-day Prime Day but is designed to pull spending forward ahead of Black Friday.

  • Walmart will give Walmart+ members early access on October 6 before opening a five-day event October 7 through 12 with discounts across categories like toys, fashion, and electronics.

  • Target is bringing back its fall Circle Week, which runs October 5 through 11, with early access for Circle 360 members on October 4. Deals will include home goods, apparel, toys, and electronics.

Consumer cutbacks

Sales events have become more common as budgets tighten and shoppers change their habits to cope.

Bankrate’s 2025 Holiday Spending Report shows about half of consumers plan to start shopping before Halloween, and YouGov’s Black Friday and Cyber Monday Outlook found that 22% are shopping before Black Friday, largely to avoid unexpected price hikes. More Americans are eyeing Prime Day deals, too: 36% say they’ll shop this year’s sales, compared with 32% last year. Still, about a quarter of those shoppers said they expect to spend less overall. 

PwC’s 2025 Holiday Outlook survey found consumers expect to spend ~$1,552 each this holiday season, down 5.3% from last year, marking the first comparable decline since 2020.

Seasonal retail hiring is also expected to fall to its lowest level since 2009, as retailers brace for slower foot traffic.

Need for speed

Even as wallets tighten, shoppers still expect convenience. Walmart is expanding next-day delivery and leaning on “buy now, pay later” at checkout. Amazon is betting on its same-day hubs and AI-driven product recommendations to keep carts moving. Target has not only slashed prices, but also pushed curbside and in-store pickup options to help drive sales.

On the back end, all three are using AI to forecast demand, localize inventory, and help streamline supply chains — which makes sense, as outside of price, 62% of US consumers say faster shipping is the deciding factor when making purchases this season.

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Lucid rises following the delivery of its first Uber robotaxi (of 20,000) and a price target bump

One down, a minimum of 19,999 to go.

In a Wednesday morning post on X featuring some of the most royalty-free music you’ve ever heard, Lucid announced it’s delivered its first Gravity SUV earmarked for service as an Uber robotaxi next year. Shares of the company climbed 3%.

The vehicle is now with autonomous driving company Nuro, which will add software and test the SUV for road readiness.

The 20,000-vehicle agreement over six years is a hefty order for Lucid, which expects to build between 18,000 and 20,000 vehicles this year.

Lucid stock could also be seeing a boost from a price target hike by Cantor Fitzgerald on Wednesday, to $26 from $20. (Remember, though, that before a 1-for-10 reverse stock split at the beginning of this month, Cantors target had been the equivalent of $30.)

Lucid shares have now risen more than 40% from their all-time closing low of a split-adjusted $16.16 on September 4.

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Disney+ subscribers are getting (another) price hike next month

Disney’s streaming prices are going to infinity and beyond.

Starting October 21, Disney+ with ads will climb to $11.99 a month (from $9.99), while the ad-free Disney+ Premium plan will rise to $18.99 (from $15.99). Annual Premium subscriptions will now cost $189.99, up from $159.99. Disney shares were flat on the news.

Bundles are getting pricier too: the Disney+/Hulu (with ads) package will jump from $10.99 to $12.99, while the Disney+/Hulu/ESPN Select bundle will rise from $16.99 to $19.99. The ad-free version of that bundle will go from $26.99 to $29.99. Even legacy bundles that subscribers were allowed to keep will see hikes. For example: the Disney+ Premium/Hulu (with ads)/ESPN Select plan will now run $24.99 instead of $21.99.

After increasing prices four times in the past four years, Disney’s streaming unit finally became profitable last year. It’s yet another example of streaming services slowly raising prices and hoping consumers don’t notice or care enough to cancel.

Disney shares are up over 20% over the past 12 months.

business

Better Home soars after Opendoor kingmaker Eric Jackson dubs it the “Shopify of mortgages”

Shares of Better Home & Finance soared over 160% Monday after EMJ Capital founder Eric Jackson posted on X, dubbing the online mortgage lender the “Shopify of mortgages.” The post drew attention to BETR’s rapid growth.

He went further, calling BETR a “potential 350-bagger in 2 years.” In a subsequent post, Jackson argued that Better ought to be worth $626 per share today, and claimed that it should be worth $12,000 per share in two years.

Now, these are bold claims, but Jackson is coming off a rather successful called shot as the primary architect of the rally in Opendoor Technologies. After a similar series of posts where Jackson argued that Opendoor would be the next Carvana, retail interest in the real estate stock soared, mobilizing an “$OPEN Army” that has managed to gain the ear of management as they propel the stock upward.

Needless to say, when Jackson talks up a stock, retail at least will hear him out.

Better Home & Finance stock is now up a massive 682% year to date.

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