A new bill is aimed at digital yuan apps, citing surveillance risks; hiring slowdowns and layoffs are hitting the tech workforce; and Ford has delivered its first electric F-150.
PayPal Holdings (NASDAQ: PYPL) was one of the financial sector's winning stocks on the last day of trading before the long holiday weekend. The company's shares popped by nearly 6%, trouncing the 2.5% increase of the bellwether S&P 500 index. Citing "people familiar with the matter," the news agency said that PayPal has begun laying off some of its employees.
Paypal (PYPL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.