eBay Pledges to Match Offers of Rivals

eBay Pledges to Match Offers of Rivals

eBay (EBAY) said on Wednesday it’s pledging to match the prices of 50,000 products offered by its rivals in the U.S.”With this new offering, eBay guarantees that an eligible deal will be the best price online, or eBay will match the lower price of a competitor,” it said. Competitors whose products are eligible for price matching are Amazon.com, BestBuy.com, Jet.com, HomeDepot.com, Sears.com, Target.com, Walmart.com or Wayfair.com under the program. Ebay […]

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Netflix, Altice Ink Multi-Year Deal

Netflix, Altice Ink Multi-Year Deal

Netflix shares were down almost 1% in pre-market trading after it and Altice said in a joint press release Monday they had signed a multi-year partnership, which will lead to Netflix’s content being made available to Altice customers into all eligible devices in France, Portugal, Israel and the Dominican Republic. Altice said the agreement with Netflix follows its significant investment in content and sport through Altice studio’s original creations, acquisitions […]

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Consumer Stocks Looking at a Lower Close

Consumer Stocks Looking at a Lower Close

Consumer shares were pointing to a lower close for Monday’s session. In consumer stocks news, Tesla (TSLA) rose 1.9% after after Toyota (TM) reportedly said it sold its entire stake in Tesla, marking the end of a collaboration between the two companies. Toyota bought a $50 million stake in Tesla in 2010 and produced a car jointly with Tesla in 2011. It recently spun up its own electric car division […]

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Consumer Stocks Extend Gains

Consumer Stocks Extend Gains

Consumer stocks were trending higher Friday afternoon, with shares of consumer staples companies in the S&P 500 advancing about 0.6% while shares of consumer discretionary firms in the S&P 500 were posting a 0.7% gain. In company news, shares of the Sportsman’s Warehouse (SPWH) were sharply higher on Friday, climbing over 25% to reach a session high of $5.94 a share in recent trade after the outdoors equipment retailer late […]

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Amazon.com Touches New Record High

Amazon.com Touches New Record High

Amazon.com shares climbed more than 1% intraday, touching their highest level ever, after billionaire investor Mark Cuban told CNBC the company was his biggest holding. Shares of Facebook, Alphabet and Amazon also climbed after Cuban said the so-called FANG stocks are undervalued and their “incredible run is just getting started”. Cuban noted Amazon is the ultimate Artificial Intelligence company. “They want to know what you need and when you need […]

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