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PAYPAL SECOND QUARTER RESULTS
PayPal presses on with turnaround in pivotal quarter as sale questions lingerPayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These r...- How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
- Musk's X adds Money banking service under 'everything app' pushElon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...
- Nike shoe scam exposed: 12 charged as insiders and resellers allegedly diverted $2 million worth of footwear using fake UPS labels across the USFederal prosecutors have charged twelve individuals in a cargo theft scheme. This operation allegedly diverted over two million dollars wor...
- Nokia says AI, cloud boosted sales in second quarterFinnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, b...
- Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- US Stock Market: CME shares jump 6% after Q2 profit beats estimates; strong hedging demand boosts resultsCME Group shares surged after reporting strong second-quarter earnings which exceeded analyst estimates. Resilient hedging demand and incre...
- IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spendingIBM reduced its annual revenue growth forecast on Wednesday. The company also missed profit and revenue expectations for the second quarter...
- How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
- Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
- How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
- PayPal board sees Stripe-Advent's $53 billion bid as undervaluing company, sources sayPayPal's board considers a $53 billion takeover bid from Stripe and Advent International as undervalued. The company has not formally respo...
- US stocks today: US stocks end higher on cool inflation data, strong earningsWall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyou...
- SpaceX shares fall below IPO price for first time as post-listing excitement fadesSpaceX shares slipped below their IPO price for the first time, signalling fading investor enthusiasm after a strong debut. The decline hig...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevate...
- US stocks today: US stocks rise with earnings in focus; PayPal jumps on takeover bid reportWall Street's indexes experienced a boost on Wednesday, driven by promising inflation figures and robust earnings reports from leading bank...
- PayPal shares jump over 15% after Stripe, Advent make $53 billion buyout offerPayPal shares surged after a reported $53 billion buyout offer from Stripe and Advent International, valuing the company at a premium. The ...
- Govt's revamped chip push; Emergent turns unicornThe Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in today's ETte...
- Stripe, Advent offer to buy PayPal for more than $53 billion, sources sayPayments firm Stripe and Advent International have jointly offered to buy PayPal. Their offer values the company at over fifty-three billio...
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