International Companies

PayPal sees shares slide despite earnings beat

By Abigail Townsend

Date: Tuesday 05 May 2026

(Sharecast News) - Shares in PayPal Holdings fell sharply on Tuesday, despite the US payments giant posting an uplift in quarterly earnings and unveiling plans to cut costs by at least $1.5bn.
Net revenues came in at $8.35bn in the first three months of the year, an increase of 5% on...

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