Reported 1 day ago
EBay Inc. saw its shares rise by about 10% after projecting strong sales that exceeded analysts' expectations, demonstrating confidence in consumer resilience amidst changing U.S. tariff policies. The company estimated revenues of $2.69 billion to $2.74 billion for the upcoming quarter, with profits expected to range from $1.29 to $1.34 per share. EBay reported growth in the sale of used and refurbished goods, attracting cost-conscious shoppers. Overall, the retail giant continues to adapt successfully to market challenges.
Source: YAHOO