PayPal has paused the sale of its venture capital portfolio after receiving offers no higher than 60 cents on the dollar. The portfolio includes investments in companies like Tabby and Anchorage. This move follows PayPal's earlier decision to wind down its venture capital arm as part of a broader corporate restructuring aimed at focusing on three main business areas: checkout solutions, consumer financial services, and payment services including cryptocurrency. The company is currently focused on improving core operations and cutting costs as part of its multiyear turnaround plan.
PayPal's stock has fallen sharply, down 81.82% from its all-time high of $305 in July 2021, with a 17.48% loss in the past year. Although the stock rallied nearly 38% since June 2023, Wall Street analysts remain cautious, mostly recommending to hold ...
PayPal Holdings reported a 4.8% increase in Q2 revenue to $8.68 billion, driven by robust growth in payment transactions and volume, especially through Venmo and peer-to-peer services. The company aims to save at least $1.5 billion over 2-3 years via...
Affirm's stock fell 10% following a hotter-than-expected inflation report that increased long-term Treasury yields, raising the cost of borrowing for installment lenders like Affirm. Unlike Klarna and PayPal, which have more diversified or deposit-ba...
Greenlight Capital's funds posted a -4.3% return in Q2 2026 and a 1.9% gain year-to-date, both net of fees and expenses. This performance trails the S&P 500 index, which gained 15.2% in the same period. During the quarter, the fund added new small po...
