eBay's Q2 revenue and profit beat expectations, but future sales forecasts are pessimistic.

EBay's revenue and How do Forex brokers withdraw moneyprofit for the second quarter exceeded Wall Street's expectations, driven by strong demand for second-hand goods and affordable auto parts and accessories.

However, the company's revenue forecast for the third quarter was below analysts' estimates, highlighting the impact of economic conditions.

The company's strategic focus on specialized categories such as auto parts, collectibles, and luxury accessories demonstrated resilience amidst economic headwinds, helping it to face fierce competition from Amazon and China's Alibaba Group.

The optimistic second-quarter performance indicates that consumers are increasingly seeking value-for-money options, refurbished goods, and collectibles, especially in the context of high borrowing rates.

EBay is training generative AI models and currently using them to sell fashion products. CEO Jamie Iannone stated in the earnings call that the company expects to further train these models to cover other categories.

While EBay's second-quarter revenue of $2.57 billion topped expectations, its sales forecast for the July to September period is between $2.5 billion to $2.56 billion, overall below market expectations.

The adjusted earnings per share forecast for the current quarter is $1.15 to $1.20, higher than analysts' estimate of $1.13.

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