BofA Downgrades HP After CEO Exit
Bank of America downgrades HP to Underperform as CEO Enrique Lores leaves for PayPal amid slowing PC demand and rising costs.
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PayPal CEO Replaced as Earnings Miss, Stock Tumbles
PayPal (PYPL) announces CEO change as Q4 earnings disappoint. HP's Enrique Lores to replace Alex Chriss. Shares drop 16% on weak retail spending and slowing branded checkout growth.
Nancy Pelosi's Latest Stock Moves: Big Bets on Tech Giants
Nancy Pelosi disclosed major stock transactions in January 2026, including exercising options on Amazon, Google, and Nvidia while selling Apple shares worth millions.
PayPal Acquires Cymbio to Dominate AI-Powered Shopping
PayPal buys Israeli startup Cymbio to help merchants sell through AI chatbots like ChatGPT and Copilot. Deal valued in hundreds of millions, closing in 2026.
Morgan Stanley Downgrades PayPal, Cuts Target to $51
Morgan Stanley downgraded PayPal to Underweight, citing slow checkout improvements, weak Venmo monetization, and sluggish growth outlook.
PayPal Applies to Become a US Bank Under Trump Administration
PayPal has filed applications to establish PayPal Bank, a Utah-chartered industrial loan company, aiming to expand small-business lending and offer savings accounts to customers.