Tag: CEO

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. […]

Trump Pardons CZ, Stablecoins Go Global, and AI Learns to Pay

By Emir Abyazov Trump pardons CZ: the biggest crypto shock of October US President Donald Trump pardoned former Binance CEO Changpeng “CZ” Zhao, in what became the most explosive crypto story of October. Zhao, who had served a four-month sentence for violating anti–money laundering laws, walked free after a massive lobbying campaign that reportedly cost […]