Amazon (AMZN) -1.9% and eBay (EBAY) -2%, following markets lower, after ChannelAdvisor reports...
Amazon (AMZN) -1.9% and eBay (EBAY) -2%, following markets lower, after ChannelAdvisor reports same-store-sales growth declines for clients relying on the companies in May. Amazon's growth rate fell to 25.8% (its lowest over the last 12 months) from 30.6% in April, and eBay's fell to 16% from 20.5% (auctions -18%, fixed-price +16%, Motors +30%). The numbers also aren't great for Google (GOOG), which is seeing rising e-commerce ad competition and has been tweaking its strategy: sales from search ads -0.8%, and comparison shopping (e.g. Google Shopping) +0.3%. comScore puts total U.S. e-commerce growth in the 14%-15% range.
From other sites
at Zacks.com (Mon, 4:18PM)
Amazon : Metalogix Simplifies Office 365, SharePoint, Exchange and OneDrive Service Management Into a Single Management Consoleat 4-traders.com (Mon, 10:21AM)
at Zacks.com (Mon, 9:30AM)
at Zacks.com (Fri, 4:10PM)
at 4-traders.com (Thu, 6:15AM)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs