eBay reports Q3 revenue down 5% YoY to $2.4B, vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+ (Nivedita Balu/Reuters)

Nivedita Balu / Reuters:
Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew 11% YoY to $46.2B; shares jump 7%+  —  Shopify Inc (SHOP.TO) beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider’s tools and payment options to scale up.

Nate Raymond / Reuters:
Former eBay executives Jim Baugh and David Harville are sentenced to 57 and 24 months in prison for their roles in a 2019 cyberstalking campaign against critics  —  Two former eBay Inc (EBAY.O) security executives were sentenced to prison on Thursday for carrying out a campaign to harass …

Kif Leswing / CNBC:
Block Q3: revenue up 17% YoY to $4.52B, vs. $4.49B est., gross profit up 38% YoY to $1.57B, vs. $1.53B est., and Cash App gross profit up 51% YoY; stock up 12%+  —  – Block stock rose in extended trading after the payments company reported third-quarter earnings that beat Wall Street expectations for profit.

Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B vs. $14.46B est., with Data Center and AI down 33%, and a Q1 2023 revenue guidance below estimates; stock down 7%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …

Jennifer Surane / Bloomberg:
PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast  —  PayPal Holdings Inc. trimmed its forecast for annual revenue amid a slowdown in spending growth on its platform.  The shares fell as much as 14%.

Financial Times:
OnlyFans plans to let creators sell merchandise directly to viewers in partnership with e-commerce platform Spring  —  Social network will allow content creators to sell merchandise directly to their viewers  —  Content creators on OnlyFans will be able to sell merchandise directly to their viewers …