Tag Archives: shares

PayPal sees flat profit in ‘transition year,’ shares fall

PayPal sees flat profit in ‘transition year,’ shares fall

By Manya Saini (Reuters) – PayPal’s forecast of flat growth in adjusted profit for the current year overshadowed its market-beating earnings report, sending shares of the payments giant down 7% in extended trading. On a post-earnings call, newly appointed CEO Alex Chriss laid out a strategic plan to turn the company leaner in its pursuit of driving profitable growth and ease pressure on its shares, which was one of the worst performers on the Nasdaq 100 Index in 2023. “We want to be clear eye… Source link

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Google Shares Pixel Phone Fix for Storage Issues After January Update

Google Shares Pixel Phone Fix for Storage Issues After January Update

The Google Play System update for January has caused some problems on a “small number” of Pixel phones and Google has acknowledged the issue today. Through a community post, Google talks through a storage issue that popped up, saying that they are working on a fix while also providing a method to manually fix should you be willing to fire up the ol’ adb machine on your computer. Google points out that after applying the January Google Play System update, some users were noticing apps… Source link

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Shares Fall More on China Data Weakness, Fed Bets: Markets Wrap

Shares Fall More on China Data Weakness, Fed Bets: Markets Wrap

(Bloomberg) — A stock selloff deepened in Asia, after fresh data redoubled concerns about China’s economy and as investors curbed wagers on Federal Reserve interest rate cuts. Most Read from Bloomberg Hong Kong shares led the declines, with the Hang Seng Index tanking nearly 4%. The CSI 300 mainland Chinese benchmark also fell 1.6%. The losses came after official figures showed while China reached its 2023 economic goal, the country’s housing slump has worsened and domestic demand… Source link

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