31.30 -0.42 (-1.32%)
Pre-Market: 6:28AM EDT
|Bid||31.20 x 900|
|Ask||31.30 x 3100|
|Day's Range||31.15 - 31.92|
|52 Week Range||30.76 - 46.99|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||43.93|
I sold a pair of collectable trainers on eBay some nine months ago. The person who bought them from me put in a return request as they found a small mark on one of the shoes.
The loss in value was due to the resignation announcement of the company’s chief financial officer (or CFO), Sarah Friar. On Wednesday, Friar declared that she will step down from the payments company and will join the San-Francisco-based social networking firm Nextdoor in December this year as CEO. In fact, according to a Bloomberg report, the departure of Friar could continue to pressure the stock in the coming months, as she was the face of the company and had served the company for six years.
It looks like a do-or-die situation for Amazon (AMZN) and eBay (EBAY) in their race to attract third-party sellers to their online marketplaces. Earlier this month, eBay accused Amazon of illegally poaching its sellers. According to eBay, a team of Amazon sales representatives has been involved in a scheme in which they send messages to eBay sellers to try to sway them to move to Amazon’s platform.
As much as PayPal (PYPL) is in heated competition with Square (SQ), LendingClub (LC), eBay-backed (EBAY) Adyen, and others for payment and loan customers, there comes a time when the company decides to put its foot down and kick out some customers. This happens when PayPal determines that a customer is in violation of its rules and is promoting hate, which is what happened recently in the case of Infowars. Last month, PayPal decided to terminate its business dealings with Infowars, a far-right American media platform run by controversial radio host Alex Jones.
Amazon (AMZN) is scheduled to release its third-quarter earnings results on October 25. Since Amazon reported revenue of $43.7 billion in the third quarter of 2017, the estimate implies that the company is expected to have grown its revenue 30.7% YoY (year-over-year). Amazon’s revenue rose 33.7% YoY in the third quarter of 2017.
PayPal (PYPL) has come up with a solution to this problem. The company has built a feature called Smart Buttons that lets merchants show customers only the most relevant payment options at the checkout. PayPal’s smart buttons feature also has built-in localization, whereby a shopper in the United Kingdom or Germany can be shown an option to pay with a local service.
The stock of Internet giant eBay (EBAY) has fallen 4.9% this month and 16.8% this year to close at $31.40. The stock has generated absolute returns of 28% in the last three years, 40% in the last five years, and 379% in the last ten years. Earlier this year, eBay disclosed its acquisition of Giosis, an online marketplace firm that primarily operates in Asia.
As Brits gear up for the Christmas season, eBay.co.uk is launching The Prince's Trust's Tomorrow's Store on its global marketplace. Shoppers will be able to buy unique gifts created by 18-30-year-old young entrepreneurs who launched their business with The Prince's Trust. With the store launching Monday, 15th October, £5 for every eBay Tomorrow's Store purchase will benefit even more young people who are looking to for training, mentoring and funding resources to kick-start their businesses.
PayPal (PYPL) has recently introduced its business-focused app, known as PayPal for Business, in India. The move comes a year after PayPal launched domestic operations in India and a few months after Google (GOOGL) expanded its payment business in the country by adding a lending service to its India-focused Google Pay platform. PayPal for Business lets businesses accept payments in a variety of currencies, track sales, and more.
PayPal (PYPL) and Chevron (CVX) have teamed up to launch a new payment service, which is scheduled to launch early next year and will allow drivers to use their PayPal balances to pay for fuel and services, including car washes, at gas stations operated by Chevron. To be able to pay using PayPal balances at Chevron pumps, drivers must download and install a mobile app created by Chevron.
TORONTO , Oct. 11, 2018 /CNW/ - Despite 2018 bringing new challenges and uncertainties to the Canadian small and medium-sized business (SMB) community, eBay Canada's annual SMB Optimism Index report reveals that optimism among small retailers is on an upward climb, hitting 76 points – a consistent one-point-per-year increase since the Index launched two years ago. The report, which explores business growth trends, challenges and opportunities among Canadian retail SMBs, reveals that those who export are among the most optimistic, scoring 79 points on the Index. Nearly half (47%) of exporting retailers project their export sales will increase over the next five years (13% anticipating a significant increase), and they are far more likely than their non-exporting counterparts to believe that there are new market opportunities for their business, both international and domestic (79% vs. 49%, respectively).
Amazon.com Inc., Alphabet Inc. and Twitter Inc. slump Wednesday in a broad market rout with the S&P 500’s tech sector logging its biggest percentage drop since August 2011. The selloff coincided with a warning from Barclays of a choppy earnings season for internet companies in the third quarter.
Pakistan is one of the international markets in which PayPal (PYPL) is currently not available. There have been talks about PayPal launching in Pakistan for a few years now, but that hasn’t happened. PayPal has described Pakistan as market with great opportunity.
Shares of eBay (EBAY) rest near their 18-month low as we approach the e-commerce firm's third-quarter earnings release. But eBay's growth outlook appears pretty strong, so should investors consider buying eBay stock right now?
EBay (EBAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
U.S. stock futures are sliding after yesterday’s disappointing bounce attempt. The weakness comes despite Tuesday’s mild retreat in bond yields which eased the rising rate pressures that have been worrying investors. Heading into the open, futures on the Dow Jones Industrial Average are down 0.31% and S&P 500 futures are lower by 0.37%. Nasdaq-100 futures have lost 0.63%.
The top stories from last week include new video creation rules in the EU, Chinese hacking allegations, eBay's poaching claims and more.
While popular companies Google and Apple do not have a headquarters in Florida, the state has a growing number of high-tech, high-wage jobs that may give California's tech promise land a run for its money. Silicon Valley has a bevy of innovative, high-tech and well-known companies that pay a lot of money, but the acclaimed haven for the industry may lose a bit of its luster due to the cost-of-living in the area rising, which may bode well for Florida. A few more surprises are coming to light as more big tech employers reveal how much they pay a typical worker.
TheDeal.com reported two weeks ago that several activists are “sniffing out” EBay and a campaign "could arise soon," citing a source. Third Point’s Dan Loeb could show interest as well as Carl Icahn, who helped pressure EBay to spin off PayPal in 2015, TheDeal.com reported. EBay didn’t immediately return an email message seeking comment.
Shares of eBay Inc. shot up 6% on heavy volume in morning trade Tuesday, as they accelerate the bounce off last Thursday's 18-month closing low. The stock was the biggest percentage gainer in the S&P 500 . Trading volume swelled to 10.3 million shares in the first 90 minutes after the open, compared with the full-day average of about 9.5 million shares. The e-commerce company's stock had gained 1.1% on Monday, after closing Friday at $32.24, the lowest close since April 24, 2017, and 30% below its Feb. 1, 2018 record close of $46.19. The company hasn't published a press release or filed anything with the Securities and Exchange Commission. The company did not immediately respond to a request for comment. The stock has lost 8.6% year to date, while the Nasdaq Composite has rallied 13% and the S&P 500 has gained 8%.
The UK's much loved TV personalities, sports stars, actors and chefs, including Phillip Schofield, Emma Willis and Tim Henman, are supporting eBay.co.uk's first ever "Give Day" on 9th October. The day will raise money for The Prince's Trust's Enterprise programme, which supports young people to set up their own business. As part of the marketplace's 'eBay for Charity' program, shoppers will be able to raise funds whilst they purchase for 24 hours, with a 5p donation made for every item in their basket.
"Halftime Report" traders Jon and Pete Najarian spot unusual options activity in shares of eBay, International Game Tech, and Exact Sciences.