GameStop CEO Ryan Cohen on Wednesday told eBay's board that the company should not reject his $56 billion takeover proposal and that the company's shareholders deserve a chance to evaluate it. Cohen wrote to the chairman of eBay that he requested a meeting with the company's board but that the board declined, according to the letter which was seen by Reuters. Cohen sent his letter one day after eBay on Tuesday rejected his stock and cash offer.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Oil companies entered earnings season with higher commodity prices at their backs, but investors are still watching one issue more closely than almost anything else: spending discipline. In the Morgan Stanley note given to TheStreet, analyst Devin McDermott and his team said oil exploration and ...
Investing.com -- Cisco Systems on Wednesday said that it was restructuring its business to focus on growth areas, including AI after it posted record revenue in its third quarter earnings, sending its shares up 11% in extended trading.
Investors got bad news on the inflation front for the second day in a row.
Cathie Wood’s flagship ETF actively invests in shares of companies expected to be disruptive and innovative. But so far this year, the fund appears to be missing out on big gains tied to technology and artificial intelligence.
Alphabet Inc.‘s Waymo is issuing a recall for over 3,791 autonomous vehicles after a software glitch affecting its latest self-driving stack came to light. Software Issue Affects Waymo Fleet The issue could likely cause the Robotaxis to drive on to...
As homes linger on the market, sellers are inviting feedback on why buyers aren’t biting — even if it’s laced with insults.
The 2020s might enter the history books as an era where the market skipped the stairs and kept taking the elevator either way. The recent surge since the beginning of Q2 is the best example. According to BullTheory, U.S. equities added nearly $10 trillion in market capitalization in just 39 trading days. Yet, the realized volatility has become highly asymmetric. On up days, it is running roughly seven times as much as on down days. Historically, that kind of imbalance tends to appear near exhaus
The web development platform reports weaker-than-expected quarterly results as artificial intelligence disrupts the industry.
An analyst firm is stepping back on price, but not on conviction. KeyBanc lowered its price target on On Holding to $43 from $58 while keeping its Overweight rating, framing the move as a recalibration tied to tariff exposure rather than a break in the long-term growth thesis. For investors weighing the premium athletic name, ... KeyBanc Cuts On Holding Price Target to $43: Tariff Concerns Pressure the Growth Story
Investing.com -- LinkedIn is preparing to announce staff cuts on Wednesday, in the latest sign of continued restructuring across the technology sector.
The Microsoft-owned platform employs more than 17,500 people globally, putting the cuts at about 875 positions
A Wedbush analyst is dismissive of the investor panic over the selloff in PLTR stock. Is now the time to sell or buy more?
LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of technology sector cuts this year. LinkedIn employs more than 17,500 full-time workers globally, its website says. The cuts come as revenue at LinkedIn, which sells recruiting tools and subscriptions, rose 12% in the just-ended quarter from a year prior, in an acceleration of growth in 2026, according to Microsoft's securities filings.
Walmart's stock price continues to rock.
Walmart's stock price continues to rock.
(Bloomberg) -- China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAlibaba Group Holding Ltd. post
ZoomInfo stock cratered after sweeping layoffs and weak guidance reignited fears that AI could disrupt the company’s core sales-intelligence business.
Microsoft stock falls for a third straight session on Tuesday. But the stock is still above its 50-day moving average.
Alibaba stock fell following quarterly results.
FEATURE Dynatrace stock was falling following the software company’s latest earnings report as an earnings beat failed to reverse an extensive slide in the stock price. Dynatrace which operates a cloud observability platform, posted fiscal fourth-quarter earnings of 41 cents a share, ahead of the 39 cents analysts had anticipated.
Dynatrace stock fell amid fiscal Q4 earnings and revenue that topped estimates while a key metric met expectations.
Wix.com (WIX) delivered earnings and revenue surprises of -44.00% and -0.48%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
The company is looking to avoid a potential fine from the bloc’s regulator, which has launched an investigation into a possible breach of antitrust rules.
Inflation complicates Fed’s rate plans, Trump’s global tariffs get a reprieve, plastic prices are surging, and more news to start your day.
Investing.com -- Alibaba Group (NYSE:BABA) reported a 3% rise in quarterly revenue, driven by robust growth in its cloud computing and AI businesses, though the top line narrowly missed analyst expectations.
The food industry is starting to feel the impact of cuts to US grocery subsidies that were part of the giant tax and spending bill passed by...
FEATURE Intel stock and shares of other semiconductor companies were gaining early Wednesday. The chips rally looked set to resume after a blip the previous day. Intel shares were up 4% in premarket trading, while Advanced Micro Devices was rising 2.