38.14 +0.37 (0.98%)
Pre-Market: 4:42AM EDT
|Bid||37.80 x 300|
|Ask||38.19 x 1100|
|Day's Range||37.72 - 38.50|
|52 Week Range||27.28 - 39.28|
|PE Ratio (TTM)||5.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Analysts look for eBay to report revenue of $2.36 billion, up 7% and its strongest growth in four years.
Wal-Mart Stores • WMT-NYSE Neutral • Price $84.13 on Oct. 10 by MKM Partners We are more positive about the shares of the big retailer after its annual investor meeting in Arkansas, but we are maintaining our Neutral rating. Overall, we came away more positive on Wal-Mart’s ability to effectively adapt its model to the rapidly changing retail landscape.
Amazon's (AMZN) International operating losses were $724.0 million in 2Q17, more than its operating loss of $135.0 million in 2Q16.
The cat is out of the bag, and it looks like Apple won’t sell many iPhone 8 models this year. Meanwhile, AAPL stock is off its recent $164 highs. In the week or so after Apple revealed the new iPhones, investor expectations cooled and AAPL stock shed $50 billion in market cap.
A round up of some of the week's most significant corporate events and news stories. Opposition against fossil fuels intensifies A decision by BNP Paribas to stop working with companies whose primary activity ...
Morgan Stanley We are upgrading PayPal Holdings to Overweight from Equal-weight and raising the price target to $76 from $62. PayPal (ticker: PYPL) is among the few large companies that can deliver high-teens ...
The numbers look odd. According to its annual report, eBay had sales of $1.3bn (£1bn) in the UK last year. Yet, as the FT reported this week, the company's filings with the UK tax authorities showed revenues ...
Jack Ma gathered a handful of Alibaba employees and instructed them to build its famous Taobao marketplace to compete with eBay.
PayPal is likely to weather the renegotiation of its contract with eBay better than investors expect, an analyst says.
As PayPal hits another new high, Wall Street analysts are outdoing each other to praise the company. Morgan Stanley’s James Faucette upgraded the stock to Overweight on the basis of PayPal’s “attractive (and potentially accelerating) growth,” while Bernstein’s Lisa Ellis sees the company capturing a larger portion of e-commerce spending over the next three years. Faucette thinks that one thing worrying investors when it comes to PayPal is the company’s relationship with eBay.
Netflix and eBay, two US technology groups with millions of British customers, collectively paid less than £1.7m in UK tax last year, raising new questions about how multinationals structure their businesses ...
Barclays’ Ross Sandler and his team take a look at the upcoming third-quarter earnings season for Internet stocks, writing that we might be entering another consolidation phase. Sandler writes that outside of eBay (EBAY), the internet stocks haven’t’ done much in the past quarter, which is reminiscent of the period of consolidation that began in late 2015. While he doesn’t see much happening in terms of performance near term, he does warn that the multiple expansion seen by the large caps in the past year “may have run its course.” Going forward, he expects three major themes to be prevalent: continued strong revenue growth, margin compression at the Big Three Google (GOOGL), Facebook (FB) and Amazon (AMZN), and more regulatory scrutiny, which has become more of an issue recently. Given this, Sandler suggest that it’s time to take a defensive posture on third-quarter results and expect a more muted 2018 ahead for mega cap internet stocks as a group.
Shopify Inc (US) (NYSE:SHOP) is at the forefront of a revolution. Many will remember the classic Macintosh commercial from Apple Inc. (NASDAQ:AAPL) in 1984 that introduced the first iteration of the Mac as a revolutionary product. Where Amazon allows sales on a platform operated by them, SHOP’s platform allows small- and medium-sized businesses to operate their e-commerce site.
Sign up to receive FirstFT by email here It is decision time for Spain's government. The cabinet is holding emergency talks after Catalan leader Carles Puigdemont declared independence from Spain then ...
A growing technology company would move fewer jobs overseas. Small companies pay the highest taxes and they would be the main beneficiaries of such a Trump windfall. The administration has said the tax cuts would largely pay for themselves by spurring more investment and creating jobs.