2 December 2025 | 4:02PM EST Equity Research AMERICAS TECHNOLOGY: INTERNET Holiday Season 2025: Takeaways from Cyber 5 for eCommerce & Digital Advertising On the back of the Cyber 5 shopping period, we analyzed datasets and conducted industry channel checks across both the eCommerce (including 3rd party sellers) and the Digital Advertising landscape. Our work points to a few conclusions: 1) the holiday shopping period is off to a solid start relative to industry forecasts (albeit with mixed trends among var ...