Middle East tensions, AI-driven tech weakness and stock-specific swings fueled big moves in leveraged ETFs. Here's a look at last week's top performers.
Zacks
Stripe, Advent to Buy PayPal in a $53B Deal? ETFs in Focus
Stripe and Advent have made a $53B bid for PayPal, lifting PYPL shares and putting fintech ETFs like PYPU, FINX and IPAY in the spotlight.
Zacks
Michael Burry Says $53B Offer For PayPal Is 'Simply Too Low' – ‘The Big Short’ Investor Expects Higher Bid
Michael Burry estimates PayPal's intrinsic value at between $75 and $115 per share under different valuation scenarios, with his preferred estimate near $100.