Tag: ACP

PayPal (PYPL) Soars 15% in Premarket After OpenAI Partnership and Strong Q3 Earnings Beat

By Marco Piccolo Key highlights: PayPal (PYPL) shares soared nearly 15% in premarket trading Tuesday after unveiling a partnership with OpenAI and posting stronger-than-expected Q3 earnings. The deal will integrate PayPal’s digital wallet into ChatGPT, using the Agentic Commerce Protocol (ACP) co-developed by OpenAI and Stripe. Q3 EPS: $1.34 vs. $1.21 expected; Revenue: $8.42B vs. […]