Financial Investment Services

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain Read More »

Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn

Apple Inc. introduced , optimistic new quarterly results tied to strong iPhone sales, a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.62% The tech giant has raised $5.5 billion by issuing four series of bonds rated AAA from Moody’s Investors Service and AA+ from S&P Global, according …

Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn Read More »

Will the stock market rally turn into selling? This Bond Market Scale Can Distract Investors

Now that the Fed appears to have abandoned its future guidance tool in favor of being “data-driven” to help determine its future course for rates, investors should monitor this gauge of inflation expectations for signs of a shift in market mood. Watch the five-year flat rate inflation rate, one of the most reliable indicators of …

Will the stock market rally turn into selling? This Bond Market Scale Can Distract Investors Read More »