What e-commerce earnings may hint about consumer spending

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Consumer Spending समाचार

Etsy,Ygal Arounian

E-commerce platforms eBay (EBAY), Etsy (ETSY), and Wayfair (W) released their latest earnings results, giving an inside look into how consumers are spending ...

Citi Analyst Ygal Arounian joins Wealth! to give insight into the state of e-commerce, what it signals about consumer spending trends, and who could be considered the"winner" of this group of names.

Let's bring in Igal, Arian who is the city analyst there, Igal, great to have you on the show with us.Well, just show it on your screen there.Um You know, they're, they're doing a little bit better in this environment. But that means that I'm not going to perhaps some of the handmade goods or some of the merchants that are on Etsy.

But the, the part of the consumer macro that they play in is just, has been the most challenged part and it continues to be that way.We just had the stock reaction for our folks here and there it is on the screen just like that, right, on demand.I mean, this has been challenged as well, especially because you don't have as many people that are moving or need to refurbish or re refurnish, I should say a home.

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