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30,427 signal articles · 132 in last 24h · 153,916 total before filter · latest 1h ago
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Investing.com2d agobullish
PayPal surges on Meta AI deal as tech rotation sinks financials

Investing.com -- Financial sector stocks took a significant hit on Tuesday as investors aggressively rotated capital into the technology space, driven by mounting enthusiasm for Meta’s Muse AI agent. The artificial intelligence frenzy sharply divided the financial landscape: traditional banking and wealth management took the brunt of the selloff, while fintech giant PayPal saw a notable surge following a newly announced integration with Meta. PayPal Climbs on Meta Integration Shares of PayPal Ho

PayPal adds another round of layoffs
LA Times20d agobearish
PayPal adds another round of layoffs

Paypal, the digital payments company, is laying off 251 employees at its San Jose headquarters in another round of layoffs, according to a Sep. 3 government filing.

Affirm Drops 4% as Post-Earnings Rally Unwinds Despite 36% GMV Growth
24/7 Wall St.24d agobearish
Affirm Drops 4% as Post-Earnings Rally Unwinds Despite 36% GMV Growth

Affirm just posted one of its strongest quarters in years, yet its stock is sliding twice as fast as the broad market to start the week. The disconnect between the numbers and the price action points to something happening beneath the surface that every investor in the name needs to understand.

Investing.com27d agoneutral
Investing.com’s stocks of the week

Investing.com -- Software and AI results dominated the week, with Nvidia's blowout quarter, a huge move higher for Salesforce, and strong numbers across cybersecurity. However, PayPal shares have gone the other way.

PayPal Drops on Deal News; Gap Soars on Earnings | Stock Movers
Bloomberg27d agoneutralVIDEO
PayPal Drops on Deal News; Gap Soars on Earnings | Stock Movers

On this episode of Stock Movers: - PayPal (PYPL) shares are declining after a consortium of Advent and Stripe has decided to abandon its pursuit of PayPal, according to people familiar with the matter. - Marvell Technology (MRVL) shares are lower following its second-quarter fiscal 2027 earnings report, despite edging past Wall Street expectations on both profit and revenue. - Gap (GAP) shares are soaring after the apparel retailer raised both its adjusted earnings per share and adjusted gross margin outlooks for the full year. The company also announced Michael Francis as the newest CEO of Old Navy, which posted a worse-than-feared comparable sales decline in the quarter.

PayPal Shares Sink Premarket on Report of Abandoned Takeover Offer
The Wall Street Journal27d agoneutral
PayPal Shares Sink Premarket on Report of Abandoned Takeover Offer

PayPal shares are tumbling 13% in premarket trading after Bloomberg reported that a group including payments company Stripe and private-equity firm Advent International have abandoned their pursuit of the fintech company. If the losses hold, that stands to be one of PayPal's biggest drops in the past decade. After reaching a peak market cap of well over $300 billion in 2021, PayPal has languished in the last few years as it's struggled to compete in the payments-technology space.

Investing.com27d agoneutral
Warsh, Nvidia And oil In focus - what’s moving markets

Investing.com - U.S. stock futures were little changed on Friday after Nvidia’s blockbuster earnings reignited the technology rally, with investors now turning their attention to Federal Reserve Chair Kevin Warsh’s closely watched speech at Jackson Hole. Meanwhile, renewed uncertainty over U.S.-Iran negotiations pushed oil prices higher, while PayPal tumbled after takeover talks collapsed.

Investing.com37d agoneutral
TikTok explores peer-to-peer payments via direct messages

Investing.com -- TikTok is developing a feature that would enable users to send money to each other through direct messages, expanding the social media platform's entry into financial services, Bloomberg reported Tuesday.