U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case 
Google Secures Pentagon AI Deal for Classified Projects 
It seems that there is life for eBay Inc after spinning off its major engine of growth, payment processing company PayPal Inc.
USA Today said the company’s financials for the third quarter were remarkably strong that it experienced an 8.6 percent surge in stock price during after hours on Wednesday. Reuters added that EBay had raised its forecast for adjusted profit from its continuing operations for the full year from USD1.72 to USD1.77 per share to USD1.80 to USD1.82 per share. Its market analyst arm, Thomson Reuters, said analysts expected the company to profit at USD1.78 per share.
On a call to the news site, eBay Chief Financial Officer Scott Schenkel said the increase was a reflection of the company’s stellar earnings performance in the second quarter, eBay’s repurchase of shares, and a more favorable tax.
RBC Capital Markets analyst Mark Mahaney told Bloomberg, "There were fears the company would miss estimates. The fact that it didn’t was all anyone was really looking for in this market."
