Where finance and media intersect with reality


PayPal’s interest rate sensitivity now has a ¬•en angle

PayPal shares, which had suffered sharp declines this year, drew support after the payment processor disclosed in first quarter earnings that it would be cutting its medium-term outlook on a deteriorating macro environment. Most analysts had been anticipating a cut in forecasts. The company’s Q1 results, announced April 27, showed the payment processor posting revenues […]