Today: 29 June 2026
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NASDAQ:PYPL 8 January 2026 - 5 February 2026

AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

U.S. stocks fell on Tuesday as investors worried that artificial intelligence would create new rivals for software makers and squeeze margins. The S&P 500 fell 1.46% and the Nasdaq dropped 2.17%, with Nvidia, Microsoft, Alphabet and Amazon sliding ahead of earnings from Alphabet on Wednesday and Amazon on Thursday. Art Hogan at B. Riley Wealth said some software names “may well be disrupted by AI,” while John Campbell of Allspring Global Investments said the market had “expectations … really high.” Futures, contracts that track where indexes may open, were slightly higher before the bell as traders braced for the heart of earnings season. At 7 a.m. ET, S&P 500 futures were up 0.15% and Nasdaq 100 futures gained 0.4% as Teradyne jumped 20.8% in premarket trading on an upbeat forecast. “Traders are ready to re-engage with pro-risk positions,” said Chris Weston of Pepperstone.
PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal dumps CEO Alex Chriss, taps HP chief Enrique Lores as earnings miss and dividend debut jolt stock

PayPal announced it will replace CEO Alex Chriss with Enrique Lores, currently leading HP Inc., following a gloomy profit forecast that sent shares tumbling in premarket action. Jamie Miller steps in as interim CEO, while David W. Dorman takes over as independent board chair, the company said. https://www.bloomberg.com/news/articles/2026-02-03/paypal-names-hp-s-enrique-lores-to-replace-ceo-alex-chriss The board acted after assessing PayPal’s standing against rivals and concluding that “the pace of change and execution” wasn’t meeting expectations. This shake-up comes as payments companies race to find growth, with PayPal’s core checkout button no longer dominating the scene. https://www.ft.com/content/81a4c10f-dc31-4faa-a2c6-a6b12a48b910
PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal picks HP’s Enrique Lores as CEO as weak outlook, earnings miss send shares sliding

PayPal on Tuesday chose Enrique Lores as its next CEO, following a profit forecast for 2026 that came in below expectations. The announcement knocked the stock down nearly 16% in premarket trading. The payments giant also posted holiday-quarter results that missed Wall Street estimates and revealed that growth in its higher-margin “branded checkout” button on merchant sites slowed to just 1%. This raised new concerns about competition from Apple, Google, and other rivals. The timing is crucial since the December quarter typically boosts payments companies. Investors see PayPal’s branded checkout gains as a key test of its ability to hold onto core business amid cautious shoppers. The board’s decision to change CEOs during this pivotal period shows dwindling tolerance for gradual progress, even as the company juggles growth initiatives and cost control.
Binance Boost Helps Trump-Linked USD1 Overtake PayPal’s PYUSD in the Stablecoin Race

Binance Boost Helps Trump-Linked USD1 Overtake PayPal’s PYUSD in the Stablecoin Race

World Liberty Financial’s stablecoin USD1, pegged to the U.S. dollar, surpassed PayPal’s PYUSD in market value, according to CoinMarketCap. As of early Jan. 24, USD1 was valued around $4.55 billion, edging out PYUSD’s $3.76 billion. On the site, USD1 holds the 27th spot by market capitalization, just one position above PYUSD. Stablecoins — cryptocurrencies designed to stay near $1 — are central to crypto trading, enabling investors to stash cash and shift it swiftly across exchanges. Even minor shifts in their rankings can have an impact, since liquidity often pools where traders are already active.
Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth

Wedgewood Cuts PayPal After Volume Slowdown, Leans on Alphabet’s Google Growth

Wedgewood Partners cut back its stake in PayPal during the fourth quarter, citing a slowdown in transaction volumes late in the period and increased spending that might weigh on profit growth. PayPal shares slipped roughly 2.3%, while Alphabet dropped about 1.7% in morning trading Tuesday. The move offers a glimpse into how stock pickers are staying selective in a market that continues to favor anything labeled “AI.” Wedgewood pointed to crowded trades and stretched valuations as fresh hurdles, even as it maintained exposure to major U.S. tech names.
20 January 2026

Stock Market Today

  • Ford (F) Slips as Recalls Weigh on Stock, Quality Scores Up
    June 29, 2026, 5:54 PM EDT. Ford Motor Company shares slipped 0.7% to $14.02, lagging behind the S&P 500's 1.7% jump and a 2.4% rise in Consumer Discretionary stocks. The automaker's J.D. Power initial-quality score improved 21% to 152 problems per 100 vehicles, leading mass-market brands, but investors saw little lift with 51 recalls so far this year. The average analyst price target is at $14.78, around 5% above where the stock now trades, with most analysts stuck at Hold. The split reaction signals many doubt recent quality gains are enough to outweigh recall issues.
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