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PayPal attracts takeover interest after stock slide, Bloomberg News reports
Reuters· 2026-02-23 16:37
PayPal attracts takeover interest after stock slide, Bloomberg News reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]Feb 23 (Reuters) - PayPal [(PYPL.O), opens new tab] is attracting takeover interest from potential buyers after a stock slide wiped out ...
市场消息:PayPal 在股价大跌后,引发了收购意向。
Xin Lang Cai Jing· 2026-02-23 16:33
市场消息:PayPal 在股价大跌后,引发了收购意向。 来源:滚动播报 ...
PayPal Attracts Takeover Interest After Stock Slump
Yahoo Finance· 2026-02-23 18:39
PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped out almost half of its value, according to people familiar with the matter. The shares jumped as much as 9.7% on the news. The San Jose, California-based company has fielded meetings with banks amid unsolicited interest from suitors, the people said. At least one large rival is looking at the whole company, while some other suitors are only interested in certain PayPal assets ...
Stocks Sink on US Trade Uncertainty and Fresh AI Worries
Yahoo Finance· 2026-02-23 16:24
Fed Governor Christopher Waller said his decision on whether to support an interest rate cut at the March FOMC meeting will hinge on labor market data for February.The US Feb Dallas Fed manufacturing outlook level of general business activity survey rose +1.4 to a 7-month high of 0.2, stronger than expectations of -0.5.The US Jan Chicago Fed National Activity Index rose +0.39 to a 9-month high of 0.18, stronger than expectations of 0.01.Geopolitical risks are also negative for stocks. US-Iran nuclear talks ...
Software, payments shares tumble after Citrini post on AI risks
Yahoo Finance· 2026-02-23 16:23
(Bloomberg) — Delivery, payments, and software stocks slid sharply Monday after Citrini Research published a report laying out the potential risks that artificial intelligence could pose to various segments of the global economy. DoorDash Inc. (DASH). American Express Co. (AXP) and Blackstone Inc (BX) all slumped more than 7%. Shares of other companies name-checked in the article, including Uber Technologies Inc. (UBER), Mastercard Inc. (MA), Visa Inc (V), Capital One Financial Corp. (COF), Apollo Global ...
There’s another AI-doom post doing the rounds. This time, the S&P 500 dives nearly 40%.
Yahoo Finance· 2026-02-23 14:36
AI adoption could see the stock market fall sharply from a record high in 2026 - Getty Images What if artificial intelligence actually meets or exceeds the hype around it, but that turns out to be very bearish for stocks? That’s the scenario posed by a new piece of commentary doing the rounds over the weekend, which has caused quite a flutter online. The piece, co-authored by Citrini Research and guest Alap Shah, managing partner at Lotus Technology Management, is written as a lookback from June 2028, wh ...
Flywire Appoints Patrick Blanc as Chief Technology Officer
Globenewswire· 2026-02-23 14:00
Core Insights - Flywire Corporation has appointed Patrick Blanc as Chief Technology Officer to lead its global engineering and technology strategy, enhancing its AI-first engineering approach and scaling to meet client demand [1][2][3] Company Overview - Flywire is a global payments enablement and software company that combines a proprietary global payments network with next-gen payments platform and vertical-specific software to facilitate complex payments for clients [4] - The company supports over 4,900 clients with diverse payment methods in more than 140 currencies across 240 countries and territories [5] Leadership Changes - Patrick Blanc's appointment comes as David King transitions to a new role as Chief Product Officer and Co-President of Global Education, highlighting Flywire's commitment to product innovation and scaling software capabilities [3]
Is Ethereum good enough for Wall Street? If history is any guide, the answer is clear
Yahoo Finance· 2026-02-23 12:29
The annual event known as Ethereum Denver returned last week, as a tribe of crypto faithful descended upon the rodeo grounds of Colorado’s largest city to geek out about the world’s second most popular blockchain. Unlike the noisy religious revival feel of Bitcoin gatherings, the vibe at Ethereum events is more akin to a tech-infused folk festival. This year’s conference was subdued compared to previous ones that coincided with to-the-moon market rallies but, contrary to the image of a forsaken hellscape t ...
Here are the five companies that $9 trillion of funds agree on right now
Yahoo Finance· 2026-02-23 10:53
A Boeing 737 Southwest Airlines passenger aircraft pictured at LaGuardia Airport in New York on Feb. 22, 2026. Boeing and Vertiv were among the top stocks bought by hedge and mutual-fund managers so far this year. - Charly Triballeau/Agence France-Presse/Getty Images Industrials, financials and a solidly-performing AI pick and shovel made up a handful of companies that mutual funds and hedge funds have been in lockstep agreement on in early 2026. That’s according to Goldman Sachs strategists, who analyze ...
CPI Card Group CFO exits
Yahoo Finance· 2026-02-23 10:02
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. CPI Card Group disclosed last week that its chief financial officer, Jeffrey Hochstadt, agreed to leave that role as of Feb. 13, exiting shortly before the payments card and technology company plans to present its fourth-quarter report. To fill the CFO role, on an interim basis, CPI tapped Terra Grantham, who is currently the company’s senior vice president of ent ...