eBay Reports Positive Q1 Financial Data

eBay has released its first-quarter earnings report, and there’s good news for the company’s fans: it beat most analysts’ estimates.  The bad news for fans (and especially shareholders) is that eBay’s stock has nonetheless fallen 8.14 percent in after-hours trading, possibly due to a weak forecast.

eBay

Analyst Bets Apple Search Engine Might Be On The Way

An investment firm that was founded in 1895 and earned almost $470 million in net revenue last year thinks it’s likely that Apple will build its own search engine.  Specifically, Piper Jaffray assigned this outcome a 70 percent chance of taking place sometime within the next five years.