⚠️BREAKING: *WALL STREET CLOSES DOWN, DOW SNAPS LONGEST WINNING STREAK SINCE 1987
UBS lifted its target on the stock to $400 from $335, on expectations that future earnings would likely be “supported by continued improvement in reels adoption and monetization, other new ad formats, solid engagement growth, a healthier macro environment.:”
eBay , meanwhile, slumped 10% after its earnings guidance for the current quarter missed analyst estimates and overshadowed better-than-expected second-quarterly results. For Q3, the e-commerce platform guided adjusted EPS of $0.96 to $1.01, missing Wall Street estimates for adjusted EPS of $1.02.Willis Towers Watson (NASDAQ:
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