The Silver Lining for eBay in Amazon's Q2 Report
Amazon (NASDAQ: AMZN) reported second-quarter results last week that were less than fantastic, sending its stock price down by 7.5%. Since eBay's (NASDAQ: EBAY) business is similar to Amazon's, eBay's stock price fell along with Amazon's.
The thinking is that if Amazon reported a less-than-stellar quarter, eBay probably had a bad quarter as well. However, there was a silver lining in Amazon's report that was a good sign for eBay when it reports second-quarter earnings on Aug. 11. Let's take a closer look at what that was.
Amazon reported an 83% increase in ad revenue. Image source: Getty Images.
Source Fool.com
