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18 hours agoPayPal Tanks After Earnings Miss: Could Elon Musk's X Be the Lifeline?
PayPal ( NASDAQ:PYPL ) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that missed expectations . Adjusted earnings came in at $1.23 per share, below the $1.29 consensus estimate, while revenue reached $8.68 billion against forecasts of $8.79 billion. The shortfall stemmed from softer consumer spending and slower growth in its branded checkout business, which rose just 1% year-over-year. For 2026, PayPal guided for adjusted profit to decline in the low single digits or be slightly positive, well under the 8% growth analysts expected.
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