Stocks had a strong week on a potential U.S.-China trade deal and cooler inflation data, but volatility may remain as investors shift focus to tax cuts
EBAY INC (NASDAQ:EBAY) shows strong technicals with a perfect 10 rating and an 8 setup score, signaling a potential breakout above $71.85. The stock outperforms 90% of the market and trades with healthy volume.
eBay is outperforming the market in 2025, up nearly 12% year-to-date, and is just 3% below a key breakout level that could spark a move to fresh all-time highs.
Stay updated with the movements of the S&P500 index in the middle of the day on Monday. Discover which stocks are leading as top gainers and losers in today's session.
Online marketplace eBay (NASDAQ:EBAY) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 1.1% year on year to $2.59 billion. Guidance for next quarter’s revenue was better than expected at $2.63 billion at the midpoint, 0.9% above analysts’ estimates. Its non-GAAP profit of $1.38 per share was 3.2% above analysts’ consensus estimates.
Notwithstanding the resurgence seen since last week, the market is likely to end April with a monthly loss, with the S&P 500 down 0.90% with a session to go.
Gene Munster warns that while Google's AI Overviews show steady usage and revenue, the company must overhaul its search experience to avoid becoming the next eBay in the AI era.
Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.
