The Latest Breaking News from Colin Sebastian

Meta stock has seen a strong rebound as it reorganizes and cuts 21,000 jobs to achieve what the company calls a "year of efficiency."

Amid a glum outlook for digital ad growth in 2023 as the U.S. economy slows, bright spots could be Apple, Walmart and internet TV.

Cyber Monday sales are expected to rise to at least $11.2 billion, with electronics, audio components, toys and exercise gear being top sellers.

China internet stocks, including Alibaba, JD.com and Tencent, are facing a long list of challenges that have slowed revenue growth.

The earnings calendar for tech stocks kicks into high gear in coming days as one analyst draws comparisons with two difficult years.

For investors this year, it’s been game over for video game stocks, except those involved in mergers and acquisitions.

BABA stock trades near a six-year low as China internet giant Alibaba gets ready to report year-end results Thursday morning.

Tesla boss Elon Musk's road to turning Twitter into a money-making platform where anyone can say anything looks to experts like a tough one. Musk's $44-billion deal to buy the global messaging platform must still get the backing of shareholders and regulators, AFP said. And while Musk has not revealed…

Elon Musk's vow to let everyone say whatever they want on Twitter after his takeover of the social media giant could put the onus on users to combat bullying and misinformation on the platform, experts say.

Baird analyst Colin Sebastian lowered the price target on PayPal Holdings Inc (NASDAQ:PYPL) to $175 from $205 (51.3% upside) and kept an Outperform rating on the shares.  He believed steady or even accelerating trends concerning merchant integration with digital wallets were a crucial medium and long-term positive for PayPal. However, Sebastian remained cautious near term…