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PayPal Tumbles After Firm Forecasts Little Profit Growth in 2024

(Bloomberg) PayPal Holdings Inc. shares tumbled late Wednesday after the company said it expects earnings to be flat this year as it continues to cut costs and streamline its operations.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionUS Commercial Real Estate Contagion I

News Highlights : Top Company News of the Day - Tuesday at 9 PM ET -February 06, 2024 at 09:16 pm EST

PayPal Has Analysts and Traders Divided as CEO Promises Shock

PayPal Has Analysts and Traders Divided as CEO Promises Shock
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PayPal Divides Analysts and Traders as CEO Promises Shock

(Bloomberg) Analysts are throwing in the towel while some investors are positioning for stock gains in PayPal Holdings Inc. ahead of an event Thursday at which the company is expected to showcase its innovations. Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionBoeing Blocked From Building More 737s in Hit to Growth PlanAt least four anal

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