{"id":58740,"date":"2026-02-18T17:38:28","date_gmt":"2026-02-18T21:38:28","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/"},"modified":"2026-02-18T17:38:28","modified_gmt":"2026-02-18T21:38:28","slug":"ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/","title":{"rendered":"eBay to Acquire Depop for $1.2B as Booking Holdings Announces 25-for-1 Stock Split"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#eBay_Bolsters_Resale_Dominance_with_Depop_Acquisition\" >eBay Bolsters Resale Dominance with Depop Acquisition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#Booking_Holdings_Unveils_Stock_Split_and_Strong_Outlook\" >Booking Holdings Unveils Stock Split and Strong Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#Occidental_Petroleum_Crushes_Earnings_Estimates\" >Occidental Petroleum Crushes Earnings Estimates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#Meta_Revives_Hardware_Ambitions_and_AI_Lobbying\" >Meta Revives Hardware Ambitions and AI Lobbying<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ebay-to-acquire-depop-for-1-2b-as-booking-holdings-announces-25-for-1-stock-split\/58740\/#Macroeconomic_and_Corporate_Updates\" >Macroeconomic and Corporate Updates<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>eBay (<a href=\"\/stock\/EBAY\">EBAY<\/a>) is acquiring fashion marketplace Depop from Etsy (<a href=\"\/stock\/ETSY\">ETSY<\/a>) for $1.2 billion in cash<\/strong> to deepen its reach among Gen Z and Millennial consumers.<\/li>\n<li><strong>Booking Holdings (<a href=\"\/stock\/BKNG\">BKNG<\/a>) announced a massive 25-for-1 forward stock split<\/strong> alongside a Q4 earnings beat and strong revenue guidance for the first quarter of 2026.<\/li>\n<li><strong>Occidental Petroleum (<a href=\"\/stock\/OXY\">OXY<\/a>) significantly outperformed earnings expectations<\/strong>, reporting an adjusted EPS of $0.31 against analyst estimates of $0.11.<\/li>\n<li><strong>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>) is diversifying its strategy<\/strong> by reviving its smartwatch hardware plans for 2026 and launching two Super PACs to influence state-level AI regulation.<\/li>\n<li><strong>U.S. Treasury data revealed a sharp decline in capital inflows<\/strong>, with total net TIC flows dropping to $44.9 billion in December from a previous $212.0 billion.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"eBay_Bolsters_Resale_Dominance_with_Depop_Acquisition\"><\/span>eBay Bolsters Resale Dominance with Depop Acquisition<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>eBay (<a href=\"\/stock\/EBAY\">EBAY<\/a>) announced a definitive agreement to acquire the social-commerce platform <strong>Depop<\/strong> from Etsy (<a href=\"\/stock\/ETSY\">ETSY<\/a>) for approximately <strong>$1.2 billion in cash<\/strong>. The move is designed to accelerate eBay\u2019s &quot;recommerce&quot; strategy by integrating Depop\u2019s <strong>135 million active buyers<\/strong> and its strong popularity among younger, fashion-forward demographics.<\/p>\n<p>The acquisition comes as eBay (<a href=\"\/stock\/EBAY\">EBAY<\/a>) reported strong fourth-quarter results, with <strong>revenue of $2.97 billion<\/strong> and <strong>Gross Merchandise Volume (GMV) of $21.24 billion<\/strong>, both exceeding Wall Street estimates. For the upcoming first quarter, the company expects revenue to remain robust, forecasting between <strong>$3.00 billion and $3.05 billion<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Booking_Holdings_Unveils_Stock_Split_and_Strong_Outlook\"><\/span>Booking Holdings Unveils Stock Split and Strong Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Booking Holdings (<a href=\"\/stock\/BKNG\">BKNG<\/a>) surprised investors by announcing a <strong>25-for-1 forward stock split<\/strong>, scheduled to take effect on April 2, 2026. The company also reported Q4 <strong>revenue of $6.35 billion<\/strong> and <strong>adjusted EBITDA of $2.20 billion<\/strong>, surpassing consensus estimates of $6.13 billion and $2.11 billion, respectively.<\/p>\n<p>Management expressed optimism for the year ahead, projecting <strong>Q1 revenue growth of 14% to 16%<\/strong> year-over-year. <em>The stock split is viewed as a move to increase liquidity and make shares more accessible to a broader range of investors following a period of sustained price appreciation.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Occidental_Petroleum_Crushes_Earnings_Estimates\"><\/span>Occidental Petroleum Crushes Earnings Estimates<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Occidental Petroleum (<a href=\"\/stock\/OXY\">OXY<\/a>) delivered a significant earnings beat for the fourth quarter, posting <strong>adjusted net income of $315 million<\/strong>, nearly triple the estimated $114.8 million. The company\u2019s <strong>adjusted EPS of $0.31<\/strong> blew past the $0.11 forecast, supported by <strong>total average global production of 1,481 MBOED<\/strong>.<\/p>\n<p>Despite the strong quarterly performance, the energy giant provided a cautious production outlook for the first quarter of 2026, targeting <strong>1,385 to 1,425 MBOED<\/strong>. <em>The company remains focused on aggressive debt reduction following its recent divestiture of OxyChem to Berkshire Hathaway.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Meta_Revives_Hardware_Ambitions_and_AI_Lobbying\"><\/span>Meta Revives Hardware Ambitions and AI Lobbying<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Meta Platforms (<a href=\"\/stock\/META\">META<\/a>) is reportedly reviving its smartwatch project with a target launch date in <strong>2026<\/strong>, according to reports from <em>The Information<\/em>. This marks a return to wrist-based wearables after the company previously paused similar hardware initiatives to focus on its Ray-Ban smart glasses and Quest VR headsets.<\/p>\n<p>Simultaneously, Meta (<a href=\"\/stock\/META\">META<\/a>) is ramping up its political presence by launching <strong>two new Super PACs<\/strong>\u2014the American Technology Excellence Project and a California-focused entity. These groups are intended to counter a growing &quot;AI backlash&quot; by supporting state-level candidates who favor pro-innovation policies and resist restrictive AI regulations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Macroeconomic_and_Corporate_Updates\"><\/span>Macroeconomic and Corporate Updates<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the broader market, the <strong>U.S. Treasury Department<\/strong> reported that total net TIC flows slowed to <strong>$44.9 billion in December<\/strong>, a steep decline from the $212.0 billion recorded in November. <strong>Net long-term TIC flows<\/strong> also saw a significant reduction, falling to <strong>$28.0 billion<\/strong> from $220.2 billion in the prior period.<\/p>\n<p>In the consumer goods sector, Mondelez International (<a href=\"\/stock\/MDLZ\">MDLZ<\/a>) secured a new <strong>$1.5 billion revolving credit agreement<\/strong>. The facility includes an option to expand the line by an additional <strong>$500 million<\/strong>, providing the company with enhanced financial flexibility as it terminates its existing 2025 credit facility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways eBay (EBAY) is acquiring fashion marketplace Depop from Etsy (ETSY) for $1.2 billion in cash to deepen its [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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