NBCC (Neuberger Berman Next Generation Connected Consumer ETF) is no longer actively trading.
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Indian benchmark equity indices opened in the green on Monday on positive cues from the Asian markets. At the opening bell on Monday, the BSE Sensex was by 412 points, while the Nifty50 rose 110 points.

The spending habits of Americans have been unpredictable and hard to get a handle on for forecasting trends, as consumer spending appears uncorrelated to economic data. Recent developments in the economy have led to mixed attitudes among consumers with little net change in February.

With younger generations of more digitally native consumers taking a bigger slice of the global disposable income pie, the economy is poised to undergo a substantial change.

E-commerce exceeded $1 trillion in online retail consumer spending last year, a record, according to Comscore's 2023 State of Digital Commerce Report. This reflects a 21% year-over-year increase.

Sky-high inflation didn't dampen the holiday spirit of American consumers last year. A report from Adobe Analytics revealed that online sales over the holiday season rose 3.5% year-over-year to $211.7 billion.

Despite the inflationary pressures placed on consumers this year, it's looking to be a good holiday season for e-commerce spending, according to VettaFi's associate director of research Roxanna Islam.

Keurig Dr Pepper Inc. (NASDAQ: KDP) is investing $863 million in Nutrabolt, maker of the energy drink brand C4 Energy. The investment gives KDP a 30% stake in the company, making it the largest investor in Nutrabolt behind its founder, chairman, and CEO, Doss Cunningham.

Inflation is still sky-high, and a recession could be imminent. But apparently consumers did not get the message, since online holiday shopping saw record numbers this year.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.