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PayPal shares jumped almost 12% following reports that Stripe and Advent International have made an offer to acquire the company for more than $53 billion.

Reuters states the buyers proposed $60.50 per share, which is roughly 28% higher than the last closing price, though PayPal has not yet responded.


💪 @FinancialWorldUpdates

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Over $600 billion has been lost from Asian stocks as semiconductor and tech shares fell sharply.

This drop followed a sell-off in U.S. memory stocks and an interest rate hike in Korea.


💪 @FinancialWorldUpdates

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U.S. lawmakers are urging the Trump administration to ban Chinese memory chips.


💪 @FinancialWorldUpdates

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Credit card outage disrupts payments across Japan


💪 @FinancialWorldUpdates

📊 Market Overview:

SPX: $7572
NASDAQ: $26269
DXY: $100

Gold: $4002
Silver: $56
Bitcoin: $63945

💪 @FinancialWorldUpdates

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Visa has introduced a new stablecoin platform designed to facilitate digital dollar payments for over 200 million merchants globally.


💪 @FinancialWorldUpdates

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Treasury Secretary Scott Bessent announced the release of a new $1 gold coin featuring Trump to "honor the enduring legacy of freedom" and immortalize this symbol of American patriotism.


💪 @FinancialWorldUpdates

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X has launched a new revenue model for creators.

This system detects stolen videos and text posts at three times the previous rate and ensures rewards go to the original uploaders.


💪 @FinancialWorldUpdates

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Nvidia $NVDA CEO Jensen Huang says the AI boom is "still at the beginning" of the cycle.


💪 @FinancialWorldUpdates

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🇺🇸 President Trump promoted over 20 companies on Truth Social days after buying their stocks.


💪 @FinancialWorldUpdates

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🇮🇷Iran tells Yemen’s Houthis to close "Bab el-Mandeb Strait" if US hits Iranian power infrastructure.

Around 7% of global energy supplies pass through Bab el-Mandeb.


💪 @FinancialWorldUpdates

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🇰🇷 South Korea to “halt” new listings of single stock leveraged ETFs.


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Netflix $NFLX says it used generative AI for ~300 movies and shows.


💪 @FinancialWorldUpdates

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Japanese Stock Market enters technical correction after falling more than 10% from June's all-time high.


💪 @FinancialWorldUpdates