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Ryan Cohen says eBay directors should not dismiss his proposal without engaging on its substance
Reuters87d agobearish
Ryan Cohen says eBay directors should not dismiss his proposal without engaging on its substance

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.

Morgan Stanley cuts to chase on Chevron, oil stock prices
TheStreet87d agobearish
Morgan Stanley cuts to chase on Chevron, oil stock prices

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 ...

The Cerebras IPO Is Tomorrow — And Markets Are Flashing A Major Sell Signal
Benzinga87d agobearish
The Cerebras IPO Is Tomorrow — And Markets Are Flashing A Major Sell Signal

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

KeyBanc Cuts On Holding Price Target to $43: Tariff Concerns Pressure the Growth Story
24/7 Wall St.87d agobearish
KeyBanc Cuts On Holding Price Target to $43: Tariff Concerns Pressure the Growth Story

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

Exclusive-LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says
Reuters87d agobearish
Exclusive-LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says

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.

Alibaba, Tencent Disappoint Investors Hoping for Big AI Payoff
Bloomberg87d agobearish
Alibaba, Tencent Disappoint Investors Hoping for Big AI Payoff

(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

Dynatrace Earnings Beat Estimates. The Software Stock Is Falling Anyway.
Barrons.com87d agobearish
Dynatrace Earnings Beat Estimates. The Software Stock Is Falling Anyway.

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.