Good morning,

Black Friday is a great time to score deals, but beware: It’s also “prime time” for scams.

The most common type of scam is through email, such as those advertising sales from what appear to be legitimate retailers. But they can also come from social media ads, text messages that purport to be from a delivery service, or advertising links that pop up in search results.

Aided by artificial intelligence, such schemes increasingly appear more realistic and thus are more difficult to spot than in the past. Consumers reported around $95 million in losses from online shopping scams to the FTC between October through December last year.

For the latest on verified Black Friday sales and early offers, bookmark Forbes Vetted for the best deals this holiday season.

Nvidia CEO Jensen Huang

Nvidia’s hotly anticipated earnings report exceeded expectations on multiple metrics, as the world’s biggest company continued its streak of explosive financial growth. Still, shares slipped about 3% in limited afternoon trading shortly after the release, reflecting the sky-high expectations for the AI giant.

Indian billionaire Gautam Adani, the world’s 22nd-richest person, was indicted in New York on Wednesday in connection with what prosecutors called a large-scale bribery scheme that sought to pay hundreds of millions of dollars to Indian officials to secure lucrative government energy supply contracts. Adani allegedly raised more than $750 million during the scheme, $175 million of which came from U.S. investors, according to the SEC. Shares of the Adani Group’s flagship firm Adani Enterprises slumped around 21.55% to $26.22 after markets opened in India on Thursday.

Illustration by Alex Castro for Forbes; Photos by C.J. Burton/ Getty Images; iStock / Getty Images; tiaramaio / Getty Images

After sluggish dealmaking under the Biden Administration, Wall Street anticipates that Donald Trump’s second term could usher in a new era of merger and acquisition activity. Goldman Sachs’ chief U.S. equity strategist says the dollar-volume of M&A activity will rise 20% in 2025, and Forbes rounded up 20 stocks that are prime targets for takeovers.

Target stock tanked 21% Wednesday, its worst day in more than two years, after third-quarter earnings and revenue fell below analyst expectations. The retailer’s CEO said the company’s latest quarter “presented several challenges,” and though foot traffic increased across Target’s stores, shoppers were less interested........

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