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.
Teradyne had record sales from AI chip demand, but cautious outlook for next quarter sent shares down despite strong results.
Teva buys Emalex for $700M to add a new Tourette drug. Strong sales growth led by key medicines; generics weaker but outlook solid.
Chiesi will buy KalVista for $1.9B to get EKTERLY, a new oral rare disease drug, and grow its global rare disease business.