Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
BofA Sees Micron EPS Topping $230 by 2030, Backs Major Stock Upside 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
OpenAI Tightens AI Safety Monitoring After Security Incidents 
Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
Nordson Stock Rises as Q3 Earnings Beat Estimates, Outlook Raised 
REPAY Stock Rises After Visa Platform Connect Collaboration 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
Add as a preferred source on Google
A filing with the US Securities and Exchange Commission revealed that the billionaire activist investor sold his 46.3 million shares in the e-commerce platform in exchange of snagging the same number of shares in the digital payments platform, Reuters reported. Prior to eBay’s spinoff from PayPal, Icahn’s stake ownership in eBay was at 3.8 percent.
ZDNet said Icahn’s move was no longer surprising, even to the newbie investors, as he has been publicly vocal about his support in spinning off the two businesses. He also published a number of letters calling out eBay’s management for their alleged hampering of the company’s growth for personal gain. Moreover, Icahn has long argued that the spinoff was a good move for the investors to guarantee shareholder value given the wide disparity between the two companies’ earnings and revenue.
Although eBay executives did not like the idea of a spinoff, it became a reality following Apple Pay’s debut in the market early this year, PYMNTS.com wrote.
