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Today β€” 16 May 2024Yahoo! Finance: E-Bay News

What's taking the greatest toll on consumers?

16 May 2024 at 14:42
In their quarterly reports, companies like Home Depot (HD), Starbucks (SBUX), and eBay (EBAY) have noted that consumers are beginning to pull back and become more discretionary with their spending. Walmart (WMT) reported growth in its eCommerce business, although in an interview with Yahoo Finance, Walmart CFO John David Rainey noted consumers' wallets are "stretched." Yahoo Finance Anchors Madison Mills and Seana Smith discuss the state of the consumer. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Yesterday β€” 15 May 2024Yahoo! Finance: E-Bay News

eBay Announces Inaugural 'Recommerce Day' to Celebrate Pre-Loved Shopping

15 May 2024 at 16:42
eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, today announced its inaugural Recommerce Day, which will be recognized on May 21, 2024 and will coincide with the release of the annual eBay Recommerce Report. Now in its fourth year, the report has traditionally measured eBay seller and buyer insights and motivations around pre-loved shopping. This year, the company provides a broader understanding of the importance of recommerce no
Before yesterdayYahoo! Finance: E-Bay News

3 Nasdaq Stocks to Sell in May Before They Crash & Burn

7 May 2024 at 18:12
Markets seem to have their mojo back to start the month of May. After suffering a downturn in April, equities are once again rallying on news of strong corporate earnings. Also, the indices have hopes that the U.S. Federal Reserve still plans to lower interest rates at some point this year. However, May is typically a precarious month for stocks and prone to volatility. The Wall Street saying β€œsell in May and go away” refers to the historical underperformance of equity markets during the six-mon

EBAY Stock Analysis: There Are Tons of Reasons to Buy This Perfect Pick Now

3 May 2024 at 10:45
Do you prefer growth or value? Maybe a mix of both? Or do you focus on businesses that show respect to the shareholders through dividends and share buybacks? I’ve got an β€œall of the above” pick for you today with eBay (NASDAQ:EBAY), so stick around and I’ll give you plenty of reasons to buy and hold eBay stock. On top of everything else, eBay is jumping headfirst into the artificial intelligence trend. When all is said and done, eBay covers all the bases and checks all the boxes for today’s inve

12 Best Gig Economy Stocks To Buy

8 May 2024 at 17:07
In this article, we discuss the 12 best gig economy stocks to buy. To skip the detailed analysis of the gig economy market, go directly to the 5 Best Gig Economy Stocks To Buy. Gig Economy: An Introduction The gig economy refers to a labor market characterized by short-term, freelance, or independent contractor positions, where […]

The consumer upsides for small businesses on online markets

7 May 2024 at 15:58
Consumer spending made up 68% of US GDP (Gross Domestic Product) in the first quarter of 2024, according to the US Bureau of Economic Analysis, with small businesses accounting for just less than half of economic activity. As part of Yahoo Finance's Small Business: Big OpportunitiesΒ special this week, Citizens JMP Equity Research Analyst Nick Jones and BTIG Director Marvin Fong discuss the companies and platforms that small business owners are operating through, such as Etsy (ETSY), Fiverr International (FVRR), and eBay (EBAY). While Jones calls Etsy "a pillar for small businesses" that easily enables budding entrepreneurs to open up a simple digital storefront, Fong notes that lower-income consumers are not prioritizing these kinds of online purchases in their budgets. "We still view eBay for small businesses as a really powerful platform for them to get exposure. Whether it's in auto parts, whether it's in handbags, whether it's in trading cards, including PokΓ©mon cards, things like that," Jones says. "But, kind of broadly, we're hearing consumer pressures and we're seeing it show up with kind of the likes of Temu and Sheehan, people looking for really steep discounts. they're showing up with kind of fast fashion and cheap technology that a lot of these SMBs (small and medium-sized businesses) can't really compete with." Catch more of Yahoo Finance's special Small Business: Big Opportunities coverage this week, or watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.

eBay Inc. (NASDAQ:EBAY) Q1 2024 Earnings Call Transcript

3 May 2024 at 19:45
eBay Inc. (NASDAQ:EBAY) Q1 2024 Earnings Call Transcript May 1, 2024 eBay Inc. beats earnings expectations. Reported EPS is $1.25, expectations were $1.03. eBay Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to eBay’s First […]

Online Marketplaces Like eBay, Etsy Are Counting on AI to Supercharge Shopping

3 May 2024 at 11:00
Shopping on online marketplaces such as eBay and Etsy or even secondhand clothing seller ThredUp can feel like treasure hunting at a giant flea market, except even more daunting as there are millions of unique listings to sort through. The technology has the potential to behave like a ChatGPT version of a personal shopper, acting on sentence commands to come up with relevant results and digging up products the consumer might not even have known existed on the platform. Earlier this year, Etsy launched Gift Mode, an AI-powered feature that lets shoppers click a few details about the person they are shopping for.
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