|Day's range||2.2000 - 2.8000|
Carl Icahn is one of the most successful investors on Wall Street, and he takes a value-investing approach similar to Berkshire Hathaway CEO Warren Buffett. This differs from Buffett, who buys undervalued stocks with the intention of holding them indefinitely. Investors can catch a glimpse of what Carl Icahn's investing in based on his most recent Form 13F filing.
E-commerce platform eBay Inc on Monday asked a U.S. judge to block a bid by Meta Platforms Inc for testimony from an eBay corporate official as the social media giant seeks rivals' information to counter a Federal Trade Commission antitrust lawsuit. EBay's lawyers from Quinn Emanuel Urquhart & Sullivan said in a filing in San Francisco federal court that Meta is demanding confidential business information about eBay's privacy policies, data retention and other topics that are not relevant to the FTC's monopoly claims. The subpoena fight is the latest flashpoint in Meta's campaign to squeeze information from other technology and social media companies in advance of a possible trial next year against the FTC.
In addition to macroeconomic pressures that have generally worked to depress share prices for companies with growth-dependent valuations, businesses in the space have faced the evaporation of pandemic-driven demand and other challenges. Despite still being a leading provider of online-retail services, Shopify (NYSE: SHOP) has fallen 23% over the past year and roughly 75% from its lifetime high. Keith Noonan: Shopify has played a leading role in the growth of the e-commerce industry.