PayPal's Stripe Talks, Anthropic's $200 Billion Bet and More: This Week In Tech
This week's top stories covered PayPal's sale talks, Anthropic's valuation, Meta's Australia crackdown and Tesla-SpaceX speculation.read more...
Benzinga
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Stripe, Advent Eye Higher PayPal Bid After $53 Billion Offer Falls Short Deal Could Come Together Within Weeks: Report
PayPal is reportedly negotiating a sale to Stripe and Advent International after rejecting a $60.50-a-share offer in July.read more...
Benzinga
PYPL Stock Rises After Report Says Stripe And Advent May Be Ready To Raise Their PayPal Bid
Stripe and Advent have reportedly been negotiating with PayPal after the payments company rejected their $60.50-a-share proposal in July as too low.
Stocktwits
PayPal Cost Savings: Will $1.5B Plan Reshape Profitability?
PYPL's $1.5B cost savings plan aims to boost profitability through AI, operational changes and a simpler structure while funding future growth.
Zacks
PayPal Grows Its Volume Every Year. Here's Why the Stock Doesn't Always Follow.
Key PointsThe company's total payment volume increased by 10% last quarter to $486 billion...
Nasdaq News: Markets
Should You Stay Invested in Block Stock After Its Q2 Earnings Beat?
Block's Q2 results highlight stronger growth, record profitability and raised guidance, while higher AI and sales spending keep investors focused on margin discipline.
Zacks
PayPal's Venmo: Can Monetization Sustain Its Mid-Teens Growth?
PYPL's Venmo posts mid-teens TPV growth, but rising product adoption and monetization determine how much of that activity becomes revenue.
Zacks
Should You Add Sezzle Stock After Its Q2 Earnings and Sharp Pullback?
Sezzle's post-Q2 pullback has improved its valuation setup as rapid revenue, subscriber and earnings growth continue.
Zacks
Block Expands Square's Reach: Can Its Financial Strategy Pay Off?
XYZ's refreshed Square Credit Card and upgraded Bill Pay help sellers manage expenses, earn rewards and preserve cash flow in one ecosystem.
Zacks
Phoebe Gates & Co-Founder Caught In The Cookie Jar: Slack Logs Contradict Phia's '24-Hour Bug' BS
Phoebe Gates & Co-Founder Caught In The Cookie Jar: Slack Logs Contradict Phia's '24-Hour Bug' BS
When Bloomberg first caught Phia - the AI "personal shopping assistant" co-founded by Bill Gates' daughter Phoebe Gates and climate-activist-turned-founder Sophia Kianni - claiming...