38.61 -0.07 (-0.18%)
After hours: 4:11PM EDT
|Bid||38.65 x 100|
|Ask||38.68 x 400|
|Day's Range||38.09 - 39.07|
|52 Week Range||32.80 - 46.99|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.54|
Alibaba (BABA) is scheduled to report its fiscal 4Q18 (calendar 1Q18) results amid reports that its finance-focused affiliate, Ant Financial, is seeking to raise at least $9.0 billion through private funding. Ant was part of Alibaba until 2011, when it was separated into an independent company focused on providing financial services ranging from processing payments to supplying loans to consumers and small businesses. Ant Financial is into asset management.
End result: EBAY stock was off to the tune of 5% in Thursday’s premarket trading. On the other hand, eBay still has to prove it can secure a decent return on its ramped-up spending. For the quarter ending in March, eBay turned revenue of $2.58 billion into a per-share operating profit of 53 cents.
Like Facebook, which is on a tear in premarket after dazzling investors with bulletproof earnings, such as a 49% revenue pop. Helping complete that FAANG earnings picture, Amazon and Microsoft are due after the close, with Apple finishing things off next Tuesday.
Among the companies with shares expected to trade actively in Thursday's session are Facebook, Qualcomm, AT&T, Ford, General Motors, Chipotle and Visa.
NEW YORK, NY / ACCESSWIRE / April 26, 2018 / U.S. markets were mixed on Wednesday as stronger-than-expected corporate earnings offset a continuous rise in bond yields. The Dow Jones Industrial Average ...
Stock futures advanced ahead of Thursday's open as Facebook, Visa, EBay and O'Reilly Auto drove a volatile after hours session.
The new rules will specifically target app stores, search engines, e-commerce sites and hotel booking websites such as Expedia, requiring them to be more transparent about how they rank search results and why they delist some services. Music streaming services such as Spotify have been pushing for Brussels to address relations between platforms and businesses, saying the former have an incentive to disadvantage competitors' services.
EBay's total operating expenses rose 16.1 percent to $1.44 billion in the first quarter. "We are actively investing to build our product and capabilities related to intermediated payments and improving the customer experience," CFO Scott Schenkel said on a post-earnings call. EBay said it expects net revenue for the second quarter to be between $2.64 billion and $2.68 billion.
EBay (EBAY) just released its first quarter financial results, posting adjusted earnings of $0.53 per share and revenues of $2.58 billion.