These two online shopping platforms are rallying ahead of Amazon’s earnings
134d ago
Business
MarketWatch
Etsy and eBay shares experienced a rally on Wednesday, driven by positive expectations for their second-quarter performance. A key demand metric for both online shopping platforms exceeded forecasts, signaling continued consumer engagement. This positive outlook is particularly notable as it precedes Amazon's upcoming earnings report, suggesting potential strength across the e-commerce sector. Investors are closely watching these platforms as indicators of broader trends in online retail spending.