Wall Street analysts forecast that eBay (EBAY) will report quarterly earnings of $1.03 per share in its upcoming release, pointing to a year-over-year decline of 3.7%. It is anticipated that revenues will amount to $2.51 billion, exhibiting a decline of 0.2% compared to the year-ago quarter.The current level reflects a downward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initia ...

"Pokémon Day has become an iconic moment for the community to come together and celebrate their fandom – for many Pokémon trainers, hunting down and 'catching' cards and collectibles on eBay is all part of the experience," said Gene Cook, VP of Global Collectibles at eBay. "The 'Catch 151' event is celebrating that dedication by offering one of the most incredible collections of rare, high-end collectibles in a single event." eBay has been a top destination for Pokémon inventory since the game's debut in 19 ...

Former president and 2024 Republican contender Donald Trump may potentially be in the hole for $355 million after losing his latest court case. But his newly announced line of Trump-branded sneakers is proving to be a financial hit, at least in the short term.Now, the question remains if the shoe will be a long-term success in the collectibles market.The $399 “Never Surrender High Tops,” offered in a limited edition of 1,000, have already sold out, according to GetTrumpSneakers.com, a retail site that says ...

You don’t need to resort to the dark web to find your illicit pill counterfeiting presses and molds. Just go to eBay and you can get one like new for a great price! Or at least you could until recently, when the Justice Department sued the company for facilitating the sale of thousands of devices clearly intended for illegal purposes — and now eBay owes $59 million.Pill presses are the things you use if you’re a drug manufacturer — or a counterfeiter — to turn raw materials into pill form. While there are n ...

EBay agreed to pay $59 million and enhance its compliance program to resolve Justice Department allegations it didn’t try hard enough to stop criminals from buying devices for producing counterfeit drugs.Wednesday’s settlement is the Justice Department’s first with an e-commerce company for violating the federal Controlled Substances Act, which governs the manufacturing and distribution of drugs.It arose from eBay’s monitoring of thousands of pill presses and encapsulating machines sold through its website ...

Agreement fully resolves previously disclosed inquiry related to laws administered by the Drug Enforcement Administration  eBay denies allegations of wrongdoing  SAN JOSE, Calif., Jan. 31, 2024 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today announced that it has reached an agreement with the U.S. Department of Justice ("DOJ") to fully resolve the DOJ's inquiry regarding products sold on the eBay marketplace alleged to v ...

iRobot, the maker of Roomba, announced plans this week to cut nearly a third of its workforce, marking the company’s latest round of layoffs and the latest in a string corporate job cuts this year that have rocked the tech industry, including at Microsoft, Amazon and eBay.iRobot said Monday it will cut roughly 350 jobs, after calling off plans for an acquisition by Amazon originally valued at $1.7 billion—iRobot’s latest layoffs come after the Massachusetts-based company slashed 140 employees in August 2022 ...

Blue-chip stocks are the type of investment that allows people to sleep soundly at night. These are the shares of established companies that are profitable, have clean balance sheets, and have a track record of performance. Banks, insurers and healthcare companies are examples of rock-solid blue-chip stocks. They may not be flashy or exciting, but they can deliver steady gains to investors over the long term and are far less risky than many growth stocks and shares of start-up companies. Importantly, blue-c ...

EBay will lay off about 1,000 full-time employees, or roughly 9% of its overall workforce, as it looks to reverse a major slump at the once-booming online marketplace, the company said.The San Jose, Calif.-based auction site asked its remaining employees to work from home on Wednesday “to provide some space and privacy” as it began informing impacted workers via Zoom. In addition to the layoffs, eBay said it will “scale back” its use of contractors in support roles in the months ahead. Iannone cited “exter ...

Layoffs are coming for eBay (NASDAQ:EBAY) employees as the e-commerce company seeks to better organize its business for long-term success.A note from eBay reveals that 1,000 of its employees are included in this newest batch of layoffs. That covers roughly 9% of the company’s total workforce.To go along with this, eBay has revealed plans to scale back the number of contracts with alternate workers in the coming months. This comes as eBay’s headcount and spending has outpaced the growth of its business.What’ ...