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Online marketplace Etsy beats revenue estimates on steady demandConsumer spending has been under pressure amid persistent inflation concerns, partly triggered by strict tariff policies. Yet, Etsy manag...- US stock markets today: US stocks slide as tech stocks slide after recent gainsIndian markets saw a dip as heavyweight tech stocks faltered, despite Walmart's strong performance and a significant buyback plan. Investor...
- US Stocks: Etsy shares jump 10% after Depop sale; demand pressures weigh on resultsEtsy shares jumped about 10% on Thursday, after the online marketplace sold off its Gen Z-focused fashion resale platform Depop to EBay, ...
- PayPal stock skyrockets 14% after OpenAI deal to embed payment system into ChatGPTPayPal made a big move by teaming up with OpenAI to bring shopping inside ChatGPT. The company also showed confidence in its future by impr...
- Shopify beats earnings forecast but warns of slower growth amid Trump tariffs and trade policy shiftsShopify topped first-quarter earnings and revenue expectations but issued cautious guidance, citing uncertainty around Trump-era tariffs an...
- US stocks rise as Fed rate-hike concerns alleviateWhile Fed Chair Jerome Powell indicated that stubbornly high inflation would see a long-expected U.S. rate cut pushed back, he refused to e...
- EBay forecasts fourth-quarter results below estimates on weak consumer spendingWhile US online sales are expected to rise 4.8% in the crucial holiday season between Nov. 1 and Dec. 31, eBay faces stiff competition to a...
- Goodwill tries to figure out online commerceGoodwill, the nonprofit retailer, is expanding its e-commerce presence to generate more revenue and support its mission of providing job op...
- Shopify extends drop after posting loss and weaker outlookThe worse-than-expected results came one day after Shopify said it was cutting its workforce by 10% amid a softening in online sales -- amo...
- Nasdaq ends at lowest level since Nov 2020, tech megacaps slump up to 8%Technology megacaps slumped. Google-parent Alphabet Inc , Apple Inc, Microsoft Corp, Meta Platforms, Tesla Inc and Amazon.com all fell betw...
- Nasdaq ends atop 16,000 mark for the first time on tech strengthThe Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technol...
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