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EBAY Stock: Where Compounding Could Take The Price
Trefis12h agoneutral
EBAY Stock: Where Compounding Could Take The Price

While the market sees a legacy platform, a newer eBay is emerging from within. The company's focused categories, from luxury goods to auto parts, are quietly becoming the core business. This specific segment grew 26% last quarter and for the first time eclipsed 40% of total gross merchandise volume.

GameStop's Cohen Said to Weigh Pulling $56 Billion EBay Bid
Bloomberg2d agoneutralVIDEO
GameStop's Cohen Said to Weigh Pulling $56 Billion EBay Bid

GameStop, led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter. Bloomberg's Bailey Lipshultz joins to discuss this as well as how Switch filed confidentially for a US IPO, joining its data center peers in tapping demand for exposure to the artificial intelligence theme.

GameStop weighing withdrawal of eBay bid, Bloomberg News reports
Reuters2d agoneutral
GameStop weighing withdrawal of eBay bid, Bloomberg News reports

GameStop CEO Ryan Cohen is considering withdrawing the company's $56 billion ‌bid for eBay in favor of ‌a commercial partnership, Bloomberg News reported on Monday, ​citing people familiar with the matter. Cohen is considering a proposal that would allow eBay to leverage GameStop's roughly 1,600 U.S. retail locations, ‌potentially helping ⁠both companies expand market share in higher-margin categories such as trading ⁠cards and collectibles, the report said. As part of any partnership, GameStop would seek seats ​on eBay's ​board, Bloomberg reported.

Bloomberg2d agoneutral
GameStop’s Ryan Cohen Weighs Pulling $56 Billion EBay Offer

(Bloomberg) -- GameStop Corp., led by Chief Executive Officer Ryan Cohen, is considering withdrawing its $56 billion bid for eBay Inc., according to people familiar with the matter.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AIIran Shakes Up Security Team After Saying Oman Deal ‘Very Close’Stocks Waver Near Record Highs, Crude Oil Advances: Markets WrapTrump Amps Up Pressure on Billionaire Sargeant to Exit VenezuelaIran Says Hormuz Deal Close But Its C

Pinterest (PINS) Taps Renee Jewell For Chief Accounting Officer
Simply Wall St.4d agoneutral
Pinterest (PINS) Taps Renee Jewell For Chief Accounting Officer

Pinterest (NYSE:PINS) appointed Renee Jewell as Chief Accounting Officer, adding a finance leader with experience at Airbnb and eBay. The appointment signals a focus on strengthening accounting oversight and internal financial controls. Jewell's background at large technology companies is expected to inform Pinterest's financial governance and reporting practices. Consider reviewing other digital platform stocks that may offer similar leadership depth and financial discipline 51 high...

What Does eBay (EBAY) Face After Carl Icahn Demands A Board Overhaul?
Simply Wall St.6d agoneutral
What Does eBay (EBAY) Face After Carl Icahn Demands A Board Overhaul?

Carl Icahn launches activist campaign targeting eBay (NasdaqGS: EBAY), urging a spin off of PayPal and major board changes. Icahn alleges conflicts of interest on eBay's board and questions past related party transactions. The activist letter calls for a separation of PayPal from eBay and a broad governance overhaul to reshape oversight. For readers interested in more ideas around ownership, control and long term alignment, explore 20 top founder-led companies NasdaqGS:EBAY 1-Year Stock...

Funko Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Funko Q2 Earnings Call Highlights

Funko (NASDAQ:FNKO) reported higher second-quarter sales, improved profitability and a raised adjusted EBITDA outlook as the collectible-products company said its “Make Culture POP!” strategy is gaining traction across regions, product categories and fan communities. Speaking during a presentation

eBay Q2 Earnings Call Highlights
MarketBeat7d agoneutral
eBay Q2 Earnings Call Highlights

eBay (NASDAQ:EBAY) reported second-quarter results that exceeded its guidance ranges and consensus expectations, driven by growth in focused categories, consumer-to-consumer sales, recommerce and newer initiatives including eBay Live, vehicles and shipping. Gross merchandise volume, or GMV, increas

Etsy to Cut 12% of Workforce as It Simplifies Operations
Barrons.com7d agoneutral
Etsy to Cut 12% of Workforce as It Simplifies Operations

Etsy said Wednesday that it will eliminate about 220 jobs, or roughly 12% of its workforce, as the online marketplace restructures around a simpler organization. The board’s audit committee approved the plan on Aug. 3, saying it is intended to align Etsy with its long-term priorities and improve coordination and decision-making speed. Etsy also authorized an additional $2 billion in share repurchases, with no expiration date.