Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unveil more details about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay rejected a $56 billion takeover bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible nor attractive."
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As companies move quickly to adapt artificial intelligence, there are some areas where it may do more harm than good.
eBay (NasdaqGS:EBAY) shareholders voted at the annual general meeting to reject a proposal to lower the ownership threshold required to call a special meeting. The decision keeps existing rules for convening special shareholder meetings in place. eBay runs a global online marketplace that connects buyers and sellers across a wide range of product categories, from consumer electronics to collectibles. The vote on special meeting rights comes as investors across the market continue to focus...
Let’s dig into the relative performance of eBay (NASDAQ:EBAY) and its peers as we unravel the now-completed Q1 online marketplace earnings season.
eBay shareholders blocked Proposal 4, closing a key governance route for Ryan Cohen as hostile takeover speculation rises.
eBay has outperformed the Nasdaq Composite over the past year, and analysts are moderately bullish about EBAY stock.
Van Note will lead integration across creative, accounts and biz-development teams.
Sequoia Capital’s Roelof Botha, who previously served as the firm’s top leader, has joined SpaceX as a director on its board. Botha will serve as an independent director, expanding the new public company’s board to nine people including Chief Executive Elon Musk and President Gwynne Shotwell.
Nuvei has agreed to acquire Nasdaq-listed Payoneer Global (NASDAQ:PAYO) in an all-cash deal valuing the cross-border payments company at approximately $2.75 billion, sending Payoneer shares up 4.1%. Under the terms of the agreement, Nuvei will pay $7.40 per share for all outstanding common...
Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash transaction valued at about $
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand globally. Nuvei will buy all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.
eBay Inc. (NASDAQ:EBAY) is one of the best e-commerce stocks to buy as global sales hit records. The company remains one of the world’s largest online marketplaces, but its recent moves show it is trying to make core categories more trusted, easier to shop, and more interactive. On June 8, eBay UK launched Easy and […]
There are over 100 reports of hot liquid or steam being released unexpectedly from Kidisle-branded hot and iced coffee machines.
Over the last few years, there’s been a substantial increase in the number of consumers shopping for secondhand apparel. Where used clothing was once viewed as a badge of inferiority, it’s now become a mainstream consumer preference. In fact, ThredUp’s 2026 Resale Report predicts that the ...
Wall Street is taking a fresh look at eBay and Etsy, and the conclusions may surprise investors who have written off both companies. In a research note shared with me, Morgan Stanley analysts Nathan Feather and Brian Nowak argue that the market is underestimating how well-positioned both platforms ...
GameStop's CEO is not backing off despite eBay's refusal to be acquired by a company five times smaller.
eBay has had an impressive run over the past six months as its shares have beaten the S&P 500 by 21.5%. The stock now trades at $109.19, marking a 27.9% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
GameStop (NYSE:GME) CEO Ryan Cohen has launched a hostile takeover bid for eBay, taking the offer directly to eBay shareholders after the board rejected the proposal. At the same time, GameStop has announced a US$2b share repurchase program, tied to its focus on collectibles and a shift in how it deploys capital. GameStop, long associated with brick and mortar video game retail, has been leaning more into collectibles and related categories, an area that can behave differently from...
Online advertising can boost eBay's profit margins in the long run, but that's not the only growth catalyst.
Pierre Omidyar, the founder of eBay, once reflected on how his mindset shaped his journey from experimenting with early computers to building one of the world's largest online marketplaces. A Mindset Built On Why Not Try In an interview posted...
GameStop's core business is improving and showing record profits; improvement is overshadowed by eBay confusion and high short interest.
Recent performance snapshot for eBay (EBAY) eBay (EBAY) has drawn fresh attention after recent trading, with the stock last closing at $108.66. For context, the company reports annual revenue of $11.6b and net income of $2.0b. See our latest analysis for eBay. Recent share price moves have been relatively modest over days and weeks, but a 90 day share price return of 18.52% and a 1 year total shareholder return of 39.72% point to strengthening momentum over a longer horizon. If eBay’s...
The CMA had originally opened the case on 23 April 2026 and conducted a public comment period between 23 April and 8 May 2026 before formally launching the inquiry.
It was in June 2009 that HMRC powered up its new computer system for the first time.
The probe is the first phase of a review to see if the deal could hurt competition.
SHOP's Q1 2026 GMV hit $100.7B again as AI-driven traffic and orders surge, lifting revenues to $3.17B.
Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
The UK competition regulator on Monday launched a probe into eBay's $1.2 billion purchase of Gen Z-focused fashion resale platform Depop from Etsy. The deal was announced earlier this year and is expected to help Etsy double down on its core handmade and vintage goods marketplace in pursuit of a turnaround. The firm has been grappling with softer demand and strong competition from online e-commerce platforms such as Amazon.