PayPal Makes Venmo a Standalone Unit as Buyers Circle
PayPal splits Venmo into own unit to boost clarity and value; restructures company, cuts complexity, shares rise on news.
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PayPal splits Venmo into own unit to boost clarity and value; restructures company, cuts complexity, shares rise on news.
Context Therapeutics reported positive Phase 1 data for CTIM-76 in heavily pretreated platinum-resistant ovarian cancer, showing a 29% response rate and good safety, but the stock fell due to small trial size.
Medicare plans drug price cuts from 2029, hitting pharma stocks, but long-term impact may be limited by legal and market protections.
Bernstein says Fiserv’s appointment of Takis Georgakopoulos as CEO has a “bad look,” coming just weeks after Investor Day while the stock is at 10-year lows.