Author: Admin

PayPal Holdings has reportedly attracted unsolicited takeover interest after a prolonged stock slump left the payments giant trading well below recent highs, signaling that competitors were looking to consolidate their footprint in the digital payments space. Citing people familiar with the matter, Bloomberg reported Monday that PayPal has been meeting with banks to review buyout approaches from unnamed investors. One potential bidder — described as an industry rival — is said to be exploring an acquisition of the entire company, while others have expressed interest in specific PayPal assets.There is no guarantee a deal will materialize, and discussions remain at an…

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GameStop Corp (Symbol: GME), where a total volume of 113,947 contracts has been traded thus far today, a contract volume which is representative of approximately 11.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 106.7% of GME’s average daily trading volume over the past month, of 10.7 million shares. Especially high volume was seen for the $25 strike call option expiring February 27, 2026, with 8,293 contracts trading so far today, representing approximately…

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Key PointsThe vast majority of people betting on Nvidia’s operating earnings expect the company to beat Wall Street analysts.This is not a surprise, considering Nvidia usually beats estimates.However, it does set a higher bar because an earnings beat is likely already reflected in the stock price, so if the company misses estimates, its stock could decline.10 stocks we like better than Nvidia ›The artificial intelligence (AI) chip giant Nvidia (NASDAQ: NVDA) will report earnings after the market closes on Wednesday, Feb. 25. Investors will be closely watching for details on the company’s business and the broader demand for AI.However, the…

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Check out what’s clicking on FoxBusiness.com. General Motors is recalling more than 43,000 Chevrolet, GMC and Cadillac SUVs due to a transmission issue that could potentially increase the risk of a crash. The recall affects 17,178 Chevrolet Tahoes, 7,616 Chevrolet Suburbans, 7,820 GMC Yukons, 5,270 GMC Yukon XLs, 3,609 Cadillac Escalades and 2,239 Cadillac Escalade ESVs, all from model year 2022.All models under the recall are equipped with a 10-speed transmission with an electronic transmission range select system, GM said. NISSAN RECALLS OVER 640,000 VEHICLES FOR ENGINE AND GEAR ISSUES A model year 2022 Chevrolet Tahoe is seen driving. (Chevrolet )The recall report, filed…

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Check out the companies making the biggest moves midday: Financials — The financials sector of the S & P 500 slid more than 3% in midday trading, the worst performer in the broad market. Alternative asset managers KKR and Blackstone slid roughly 9% and 7%, respectively, after activist hedge fund Saba Capital Management and Cox Capital Partners said they plan tender offers to buy stakes in a trio of Blue Owl credit funds. Blue Owl shares were last off more than 5%. American Express dropped more than 7%, and Goldman Sachs fell nearly 4%. Cybersecurity — Anxiety over artificial intelligence…

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Solana Company (HSDT) said it plans to build a high-speed infrastructure network across the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams.The initiative, called the “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong with a low-latency cluster designed to support staking, validation and trading services on Solana.The move targets institutional demand across the region, which has become a hotspot for crypto adoption, cross-border payments and digital asset development.The buildout aims to make Solana’s infrastructure more accessible and reliable for market makers, high-frequency traders, and financial institutions, according to a press release.The…

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Europe has warned that trade deals struck with the U.S. could now be at risk after President Donald Trump unveiled a new global 15% tariff on all imports at the weekend.Trump’s move came after the U.S. Supreme Court on Friday struck down his global tariffs policy, implemented last spring, that had upset the long-standing global trading order.The president reacted to the Supreme Court’s judgment by initially announcing a new universal 10% levy, using a different legal framework for the latest tariffs, but then increased the global tariff rate to 15% — the legal maximum which can be in place for…

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