May 1, 08:32 PM

Paypal Reports Strong Q1 Results, Amazon and eBay Forecast Below Estimates

Paypal reported strong Q1 results with a 7.2% pre-market increase. Amazon and eBay both forecasted quarterly revenue below estimates, with eBay's weak forecast leading to a 4.5% stock decline. eBay's Q1 results exceeded expectations, but Q2 revenue guidance fell short, causing investor concerns about its relevance in the e-commerce market.

#Paypal #Amazon #eBay

Written with ChatGPT (GPT-3).