eBay Inc
The Fed could lay the groundwork for a calendar year-close rally in the 7 days ahead
Shares are established to exit October with a tail wind but will right away face a Federal Reserve meeting in the 1st days of November that could assistance determine the training course of investing for the rest of the year. The Fed is widely anticipated to increase its target fed cash charge by 3-quarters of […]
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Massive Tech critics see revived hope for new antitrust laws right after acquire in the Home
Coverage advocates who have been pushing for new legislation reining in Large Tech’s ability have found their hopes lifted and shattered numerous periods throughout the past couple months. Final 7 days marked one of the brighter notes for those people supporting the thrust for new antitrust legislation, when the Household handed a deal of expenses […]
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Two former eBay executives sentenced to jail for involvement in cyberstalking scheme
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Visuals Two former eBay executives had been supplied jail time Thursday for their involvement in a cyberstalking scheme that focused a few behind an e-commerce site that was perceived as important of the enterprise. James Baugh, eBay’s previous senior director of basic safety and stability, […]
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Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ago. In a tweet Sunday morning, the Third Point CEO said he sees the virtue of keeping the sports […]
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Top rated Amazon seller Packable commences liquidating and announces career cuts following unsuccessful SPAC endeavor
About a yr back, on the web retailer Packable was planning to go public by a unique intent acquisition organization. With the SPAC sector possessing evaporated and the economic system now sputtering, Packable is laying off staff and planning to liquidate, according to inner paperwork reviewed by CNBC. Packable is the guardian firm of Pharmapacks, […]
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Stocks making the biggest moves after hours: Lucid, Booking Holdings, MGM, eBay and more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Lucid Group — Shares of the EV maker tumbled about 12% after […]
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UBS downgrades online retailers Ebay and Farfetch to neutral on rising recession risks
An economic slowdown could hit some online retailers, such as Ebay and Farfetch , more than others, according to UBS. Analyst Lloyd Walmsley downgraded shares of Ebay and Farfetch to neutral from buy, saying in a Tuesday note that there are growing concerns around the two e-commerce companies’ performance as recession risks rise. UBS recently […]
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Stolen goods sold on Amazon, eBay and Facebook are causing havoc for major retailers
Over the past year, large-scale robberies have swept through stores like Louis Vuitton in San Francisco’s Union Square and a nearby Nordstrom, which was robbed by 80 people. Law enforcement and retailers have warned the public that this isn’t traditional shoplifting. Rather, what they’re seeing is theft organized by criminal networks. And there’s a reason […]
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Here are Friday’s biggest analyst calls of the day: Tesla, DocuSign, Netflix, Roblox, Apple & more
Here are Friday’s biggest calls on Wall Street: Loop reiterates Apple as buy Loop said it sees production delays for some versions of the iPhone 14 later this year. “As we have been signaling for a few months, the iPhone 14 Pro Max device is running slightly behind schedule and could result in a staggered/delayed […]
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These tech stocks could be ‘ports in the storm’ during bear market, Deutsche Bank says
This year’s tech wreck has sent the Nasdaq Composite spiraling down into a bear market, with the benchmark down more than 25% from its November record. However, there are some internet companies that could do over the next year thanks to their share repurchases, according to Deutsche Bank. The firm looked at 28 companies in […]
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