

The online market for used goods is not attractive. eBay (EBAY), which fell by 7.3% after posting results, suggests that investors would be better served finding growth elsewhere.
Investors should look elsewhere for growth after eBay (NASDAQ:EBAY) fell 7.3% premarket on posting results that missed expectations.
Investors would be better served finding growth elsewhere, especially after a banner 2022 for the sector.
Here's what to watch in markets Friday.
EBay posted revenue growth of 3.2% year-over-year, or $2.58 billion, and Gross Merchandise Volume of $18.3 billion, up by only 2%. The company also posted adjusted earnings per share of $1.05, a decrease from the prior quarter’s $1.14.
Among other e-commerce stocks to watch, Sea Ltd. (NYSE:SE) stock may continue to rise after posting strong results. Investors are also watching Etsy (NASDAQ:ETSY) and Amazon (NASDAQ:AMZN) after both companies posted results.
Coinbase (NASDAQ:COIN) may open down by over 4% this morning after the cryptocurrency platform posted Q3 revenue and earnings that missed expectations. Lower cryptocurrency prices hurt trading volumes on the Coinbase platform.
Coinbase also issued weaker-than-expected guidance for subscription and service revenue in Q4. Investors are running out of patience with Coinbase, especially value investors.
At these levels, short-sellers may build on their 5.13% short float. Coinbase stock has lost nearly 80% of its value in the past year.
After a nearly impossible surge, Trump Media (NASDAQ:DJT) pulled back by 22.29% yesterday. The stock now has enough selling momentum to fall back to the $30 range. If support breaks, shares could fall below $20.
The upcoming election results, however, might change that technical picture.
In China’s stock market, be wary of Nio Inc. (NYSE:NIO) and Zeekr Intelligent Technology (NYSE:ZK). The wide trading range in those EV stocks will continue in a random pattern.
Without any predictable direction, ZK and NIO stock could get cheaper. They are on sale for a reason: China’s EV market faces rising losses as demand falls.
The above is the detailed content of Pre-Open Stock Movers: eBay (EBAY) Dips 7.3% After Posting Results; Sea Ltd. (SE), Etsy (ETSY) Among Firms to Consider. For more information, please follow other related articles on the PHP Chinese website!

Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce. Cryptocurrencies continued trending to the downside as recession fears weighed

In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi)

据北京时间5月2日上午消息,eBay今天发布了2024财年第一季度财报:净营收为25.56亿美元,同比增长2%,不计汇率变动的影响同比增长2%;来自于持续经营业务的净利润为4.39亿美元,同比下降23%。不按照美国通用会计准则,eBay第一季度来自于持续经营业务的净利润为6.48亿美元,同比增长8%。eBay第一季度营收和每股摊薄收益均超出华尔街分析师此前预期,对第二季度营收作出的展望也超出预期。然而,其股价仍旧下跌超过3%。作为分析师,我们可以看到,投资者对于eBay未来的增长存在一定的担忧。

US Vice President Kamala Harris' advisors contacted crypto companies including cross-border payments leader Ripple, leading exchange Coinbase, and stablecoin company Circle

Coinbase's launch of its wrapped Bitcoin, cbBTC, on the Base Network, is barely 24 hours old but is already causing some ruckus.

Cryptocurrency stocks rose higher in premarket trading Friday, tracking strong gains in Bitcoin (BTC). The world's largest crypto asset climbed more than 4.7% in the past 24 hours, trading at $67,346.0 as of 09:49 GMT.

Coinbase Global Inc (NASDAQ: COIN),a leader in cryptocurrency exchange, has recently stirred the market with hints of an upcoming product launch

During the bloodbath that plagued financial markets on Monday, Cathie Wood's investment management firm Ark Invest loaded up on shares of the largest American cryptocurrency exchange, Coinbase, ending months of selling the stock.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

Notepad++7.3.1
Easy-to-use and free code editor

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

Atom editor mac version download
The most popular open source editor

SublimeText3 Linux new version
SublimeText3 Linux latest version
