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business-earnings

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PayPal Beats Earnings Estimates but Shares Fall 10% as New CEO Outlines AI Growth Strategyamericanbanker.com
ai25 days ago

PayPal Beats Earnings Estimates but Shares Fall 10% as New CEO Outlines AI Growth Strategy

PayPal shares fell roughly 10% despite beating revenue and EPS estimates as the company continues to cede market share to Apple Pay and rivals. New CEO Enrique Lores unveiled plans for aggressive AI adoption. Markets showed mixed performance globally after the S&P 500 touched ano…

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