PayPal Shares Sink 20% After Earnings as Pelosi Sale Draws Attention
PayPal shares tumble 20% after earnings, weeks after Nancy Pelosi disclosed selling up to $500,000 of the stock.
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PayPal shares tumble 20% after earnings, weeks after Nancy Pelosi disclosed selling up to $500,000 of the stock.
PayPal has applied for a U.S. bank charter, aiming to expand lending, accept deposits, and deepen its role in the regulated financial system.
Shares of PayPal surged 11% after the company announced it will integrate its digital wallet into OpenAI’s ChatGPT platform, enabling users to complete purchases directly within the chatbot.
Paxos, the issuer behind PayPal’s PYUSD stablecoin, accidentally minted $300 trillion in excess tokens before swiftly burning the surplus and calling it a ‘technical error.’