"eBay's Strong Q4 Results Drive Stock Surge and Dividend Increase"

EBay's stock rose 3% in extended trading after reporting strong quarterly results and issuing positive guidance, including a dividend hike and a $2 billion stock repurchase program. The company's fourth-quarter net income rose to $728 million, with revenue climbing to $2.56 billion, surpassing analysts' estimates. Despite recent challenges, including layoffs and a "challenging" economy, analysts see eBay's performance as a sign of resilience in the e-commerce market amidst competition from Amazon and Walmart.