PAYPAL Holdings shares slumped after the payments giant warned that its adjusted operating margin won’t grow as quickly as the company previously anticipated, even after spending on its platforms jumped more than expected in the first quarter.
- Advertisement -
Most Popular
Late payments, shrinking revenues: How Singapore’s F&B downturn is hitting food suppliers
Suppliers say customers are stretching payment terms from 30 days to as long as four months, putting their cash flow under strain.
Commentary: Softbank’s Masayoshi Son is going big on OpenAI. Time to worry
The Japanese investor's foray into generative AI brings back memories of WeWork, says Shuli Ren of Bloomberg Opinion.
