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Google Makes Four Predictions About Black Friday Shoppers

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Google Makes Four Predictions About Black Friday Shoppers

Google Makes Four Predictions About Black Friday Shoppers

Thanksgiving weekend is here, and it kickstarts a holiday shopping season in which consumers are expected to spend a hefty $655.8 billion.

And while massive amounts of store foot traffic is nothing new, the way consumers search and shop on their mobile devices is a relatively new phenomenon. In fact, 76% of people who search for nearby products on their smartphones end up visiting brick-and-mortar businesses within a day.

The folks at Think With Google have crunched the numbers to see if there is any interesting correlations between mobile searches and location data. Their findings are below, and it may be interesting to compare their predictions to your own family’s activities this weekend.

Google’s Predictions

1. Even though foot traffic peaks at 6pm on Thanksgiving day to kick off early Black Friday deals, the shopping actually starts much earlier. Mobile searches happen throughout the day for deals, and 59% of them happen before stores even open.

2. On Black Friday itself, foot traffic peaks between 12pm and 4pm, but mobile searches remain very constant throughout the day. Peak time for mobile searches is at 8pm, which seems a little counterintuitive.

3. New Englanders are the most hardcore Black Friday shoppers. By 10am on Black Friday, more than one-quarter of New England shoppers have already visited a store. The rest of the country lags behind by about an hour.

4. Women buy early and often, and men wait until the last minute. During the whole holiday season, women buy twice as much as men. It’s only the week before Christmas that men are more likely to complete holiday purchases.

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Nvidia is Worth More Than All of These Companies Combined

Gain a unique perspective on the market cap of Nvidia in this simple graphic.

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Putting the Market Cap of Nvidia Into Perspective

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Nvidia’s massive rise in the AI era has been well-documented, but did you know that it’s currently the world’s third most valuable company?

To put the massive market cap of Nvidia into perspective, we’ve put it side by side with a collection of other major U.S. tech companies.

All figures were sourced from Companiesmarketcap.com, and are as of May 23, 2024.


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Data and Takeaways

All of the numbers we used to create this graphic are included in the table below.

CompanyMarket Cap
(as of May 23, 2024)
Nvidia$2.5T
Meta$1.2T
Tesla$553B
Netflix$272B
AMD$257B
Intel$128B
IBM$157B

These figures are even more impressive when you consider that at the beginning of 2020, Nvidia was valued at a relatively tiny $145 billion.

Since then, the company has greatly surpassed other American chipmakers like Intel and AMD. This growth is due to several key factors:

  • Expansion into AI and data centers: Nvidia’s chips are highly effective for AI training, making them essential for companies engaged in machine learning and generative AI
  • Advancements in AI software: Nvidia has developed AI software platforms, such as CUDA-X and TensorRT, which are widely used by researchers.
  • Strong financial performance: Nvidia has consistently delivered strong financial results in recent years, with substantial revenue growth.

Closing in on Apple

With Nvidia’s latest stock surge (up 13.5% over the past five days ending May 24, 2024), the company could possibly overtake Apple to become the world’s second most valuable company.

Microsoft, another major player in AI, holds the #1 spot with a market cap of $3.2 trillion.

See More Visuals on Nvidia

If you enjoyed this graphic, be sure to check out this graphic that breaks down Nvidia’s revenue by product line, from 2019 to 2024.


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