font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal…
font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said profits fell 1% in the…
font size Warren Buffett. Drew Angerer/Getty Images Warren Buffett sounded negative about the outlook Paramount Global on two occasions during the second quarter. Was his suspicion enough about him? Berkshire Hathaway to sell its share? Investors will find out the fate of the stake in the media company (stock ticker: PARA) and other potential changes…
font size Nvidia is one of Daniel Ives’ stock picks. Dream time Recent gains for the heavy Nasdaq Composite have been limited, with only two positive days in August. Analyst Daniel Ives at Wedbush sees a big bounce soon. Despite posting slight gains on Thursday, the Nasdaq closed below its 50-day moving average for the…