CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Jul 1, 2024--
Newegg Commerce, Inc. (NASDAQ: NEGG ), a global e-commerce leader for technology products, today announced its tenth annual FantasTech Sales event with thousands of deals in over 50 categories. The event will deliver substantial savings on computers, PC hardware and accessories, home appliances, outdoor gear, gaming devices, tech products and more. The FantasTech Presale will take place from July 8 through July 14 with a Price Protection guarantee, and the FantasTech Sale will run from July 15 to July 19. Approved customers can also benefit from as low as 0% financing with Affirm throughout the sale and the month of July.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240701066534/en/
“This event will mark 10 years of FantasTech Sales Events and we’re thrilled to deliver incredible savings for this highly anticipated 12-day event,” said Jim Tseng, VP of Product Management, Newegg. “Anyone looking to build their next PC or just looking for the best price on specific items can take advantage of one of our biggest sales of the year.”
Upcoming deals of the 10 th Annual FantasTech Sale include:
Deal categories of the FantasTech Sale include:
Students Find What They Need
The next school year is coming up and Newegg provides solutions and tools to help teenagers and adults determine which products to purchase. The Newegg Student Store hosts .edu discounts and financing offers year-round. Students looking to build a PC can leverage PC Builder, a PC parts configurator that will offer compatible products and promotions. Those needing a laptop can browse Newegg’s Laptop Finder to determine the specs and features they need while accommodating any budget. Gaming PC Finder will assist those looking for a pre-built system or laptop capable of delivering specific gaming performance by game title. Content creators, small business owners, or anyone needing additional storage solutions can utilize NAS Builder – a configurator for newcomers to assemble storage solutions for almost any capacity or budget.
As low as 0% APR with Affirm
During July, approved customers processing orders $100 and above may be eligible for 0% financing when they pay over time with Affirm. Checking out with Affirm allows customers the flexibility to split purchases into simple payments over time, with no hidden or late fees. During the promotional period, customers placing orders $100 to $999.99 may be eligible for 0% APR 3-month financing, and those placing orders over $1,000 may be eligible for 0% APR 6-month financing. For example, a $900 purchase might cost $300/month over 3 months at 0% APR.
Find the FantasTech Sales event schedule and details here.
About Newegg
Newegg Commerce, Inc. (NASDAQ: NEGG ), founded in 2001 and based in the City of Industry, Calif., near Los Angeles, is a leading global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Newegg also serves businesses’ e-commerce needs with marketing, supply chain, and technical solutions in a single platform. For more information, please visit Newegg.com.
About Affirm
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network — one based on trust, transparency and putting people first — we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X.
Rates from 0–36% APR. Payment options through Affirm are subject to an eligibility check, may not be available everywhere, and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. For licenses and disclosures, see affirm.com/licenses.
Newegg FantasTech Sale Announcement (Graphic: Newegg)
TOKYO (AP) — Asian shares were mostly higher on Wednesday after Tesla shares zoomed up more than 10%, helping to drive U.S. benchmarks to new records.
Japan's benchmark Nikkei 225 rose 1.3% to finish at 40,580.76. Australia's S&P/ASX 200 gained nearly 0.3% to 7,739.90. South Korea's Kospi edged up 0.5% to 2,794.71. Hong Kong's Hang Seng added 1.1% to 17,956.55, while the Shanghai Composite index lost 0.4% to 2,982.38.
Asian investors were cheered by hopes for an interest rate cut in the U.S. But some traders were keeping to the sidelines ahead of Thursday’s Independence Day holiday in the U.S.
“On the radar is the Japan’s Nikkei, which may extend its run above the 40,000 level, with overnight strength in tech while the Japanese yen continues to trade at a 38-year low,” said Yeap Jun Rong, market analyst at IG.
In currency trading, the U.S. dollar rose to 161.80 Japanese yen from 161.44 yen. The euro cost $1.0752, little changed from $1.0743. Among Tokyo technology-related shares, Kyocera Corp. jumped 3.1% while Murata Manufacturing Co. surged 6.4%.
On Wall Street, the S&P 500 added 0.6% to 5,509.01, topping its all-time high set two weeks ago. The Dow Jones Industrial Average rose 0.4% to 39,331.85, and the Nasdaq composite added 0.8% to 18,028.76, besting its own record set a day earlier.
Tesla led the way with a 10.2% jump after the electric-vehicle maker reported a milder drop in sales for the spring than analysts expected. Modest gains for other big, influential stocks also helped lift the market, including a 1.6% climb for Apple.
Stocks got a lift from easing Treasury yields after the head of the Federal Reserve made comments that investors took as a signal for possible cuts to interest rates later this year. Fed Chair Jerome Powell gave a nod to improvements in inflation data after some disappointingly high readings early in the year.
“We just want to understand that the levels that we’re seeing are a true reading of underlying inflation,” he said during a panel discussion at the European Central Bank’s monetary policy conference in Sintra, Portugal.
Investors hope inflation will slow enough to convince the Fed to lower its main interest rate, which has been sitting at its highest level in more than two decades and pressing the brakes on the economy.
Keeping Wall Street’s gains in check was Nvidia, which has been one of this year’s brightest stars. It fell 1.3%, though it’s still up nearly 147.7% for the year so far.
Eli Lilly fell 0.8%, and U.S.-listed shares of Novo Nordisk dropped 1.7% after President Biden criticized in an opinion piece for USA Today how much the companies are charging for their drugs for weight loss and diabetes.
The week’s most anticipated economic data will arrive on Friday, when the U.S. government reports the total jobs employers added in June. Before then, the U.S. stock market will have a shortened trading day on Wednesday and Thursday's Fourth of July holiday.
Treasury yields have been feeling some upward pressure recently because of politics. Last week’s debate between President Joe Biden and former President Donald Trump pushed traders to make moves in anticipation of a possible Republican sweep in November. That included sending Treasury yields higher, in part because of the possibility for policies that would further raise the U.S. government’s debt.
The 10-year yield is still well above its 4.29% level from late Thursday, before the debate.
In commodities markets, the price of benchmark U.S. oil ended up slipping modestly after touching its highest price since April. Crude prices have largely been rising on expectations for strong demand during the summer, as well as the possibility of hurricanes damaging oil production in the Gulf of Mexico. Hurricane Beryl is roaring through the Caribbean.
U.S. benchmark crude added 33 cents to $83.14 a barrel. Brent crude, the international standard, gained 38 cents to $86.62 a barrel.
The Fearless Girl statues faces the New York Stock Exchange on July 2, 2024, in New York. Global stocks are mostly lower after benchmarks ended higher on Wall Street. (AP Photo/Peter Morgan)
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, July 3, 2024. Asian shares were mostly higher on Wednesday after Tesla gained more than 10%, helping to drive U.S. benchmarks to more records. (AP Photo/Lee Jin-man)
A currency trader stands by the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, July 3, 2024. Asian shares were mostly higher on Wednesday after Tesla gained more than 10%, helping to drive U.S. benchmarks to more records. (AP Photo/Lee Jin-man)
A currency trader watches computer monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate at a foreign exchange dealing room in Seoul, South Korea, Wednesday, July 3, 2024. Asian shares were mostly higher on Wednesday after Tesla gained more than 10%, helping to drive U.S. benchmarks to more records. (AP Photo/Lee Jin-man)
Currency traders work by the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, July 3, 2024. Asian shares were mostly higher on Wednesday after Tesla gained more than 10%, helping to drive U.S. benchmarks to more records. (AP Photo/Lee Jin-man)
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Wednesday, July 3, 2024. Asian shares were mostly higher on Wednesday after Tesla gained more than 10%, helping to drive U.S. benchmarks to more records. (AP Photo/Lee Jin-man)
