The buy now/pay later lender posted its most profitable quarter, but analysts and company CFO Rob O'Hare said there's plenty of room in its addressable market and an opportunity to compete for market share.
Stripe and Advent had bid to acquire the payments firm for about $53 billion, an offer PayPal's board reportedly rejected. An analyst says that puts pressure on PayPal's new leadership to boost performance.
Federal Reserve Chair Kevin Warsh reiterated his stance against offering markets forward guidance on interest rate moves and expressed concern about inflation in the first Jackson Hole speech of his tenure.
Marketing experts suggest alternative ways for firms to promote themselves after a $6 million "gift" received by a former top editor at Forbes was seen as tarnishing the publication's industry awards and rankings.
Banks are putting money into creating services to keep customers happy, but the thing that will keep customers happiest is out of their control.
While vibe coding has opened the door for businesses to develop and scale their own technology, the cost of building is catching many by surprise.
