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eBay Layoffs Looming? Ryan Cohen Says 11,500 Headcount Doesn’t Make Sense For ‘Asset Light’ Business

eBay Layoffs Looming? Ryan Cohen Says 11,500 Headcount Doesn’t Make Sense For ‘Asset Light’ Business

by Rishabh Mishra | May 6, 2026 | General

Activist investor Ryan Cohen has proposed a massive takeover of eBay Inc. (NASDAQ:EBAY), signaling that severe cost-cutting and layoffs could be on the horizon for the e-commerce giant if his ambitious bid succeeds. Case Against Overhead Cohen sharply criticized the...
Nvidia Will Become First $10 Trillion Company, Says Altimeter CEO Brad Gerstner: We ‘Understand’ Market Concerns

Nvidia Will Become First $10 Trillion Company, Says Altimeter CEO Brad Gerstner: We ‘Understand’ Market Concerns

by Ananya Gairola | May 6, 2026 | General

On Monday, tech-focused investment firm Altimeter Capital founder and CEO Brad Gerstner said that Nvidia Corp. (NASDAQ:NVDA) could become the world’s first $10 trillion company. Brad Gerstner Makes Bold Nvidia Prediction Amid AI Boom Speaking with CNBC’s...
Skyworks Solutions (SKWS) Stock Is Trending Overnight: Here’s Why

Skyworks Solutions (SKWS) Stock Is Trending Overnight: Here’s Why

by Mohd Haider | May 6, 2026 | General

Skyworks Solutions Inc. (NASDAQ:SWKS) shares are trending on Wednesday. SWKS shares fell 3.53% to $70 in after-hours trading on Tuesday despite the company beating analyst revenue estimates by 4.72% and earnings per share estimates by 18.56% in its fiscal second...
Gavin Newsom Wants To Know Why Trump Ballroom Cost Has Shot Up 5x Amid $1 Billion Taxpayer Claim

Gavin Newsom Wants To Know Why Trump Ballroom Cost Has Shot Up 5x Amid $1 Billion Taxpayer Claim

by Snigdha Gairola | May 6, 2026 | General

On Tuesday, Gov. Gavin Newsom (D-Calif.) questioned a reported increase in White House East Wing-related costs after a $1 billion Secret Service funding allocation sparked claims of a taxpayer-funded ballroom project. Ballroom Cost Hits $1 Billion Investor Spencer...

Elon Musk’s Starlink Was Denied $885 Million Funding By Joe Biden, FCC Chair Brendan Carr Says: ‘Slowed Down Efforts…’

by Badar Shaikh | May 6, 2026 | General

Federal Communications Commission (FCC) Chair Brendan Carr said on Tuesday that the former President Joe Biden‘s administration revoked $885 million in funding for Elon Musk-led Starlink, believing the service would not be able to attain high-speed internet. $885...
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