PayPal stock slips as Microsoft Copilot Checkout deal puts AI shopping in focus
PayPal shares fell 1.05% to $57.66 Friday, trailing the S&P 500 and Nasdaq. Microsoft named PayPal as a payments partner for its new in-chat Copilot Checkout feature. PayPal also announced a direct deposit deal with Paychex. Investors await U.S. inflation data next week and PayPal’s Feb. 3 earnings call.