PayPal Cuts Thousands of Jobs, Bets on AI and Lifts Profit Outlook
PayPal beat Q3 earnings expectations at $1.45 EPS and lifted its full-year 2026 outlook, even as revenue missed Wall Street estimates.
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Why It Matters
PayPal made more money than expected this quarter. The company is using AI to work smarter and cut costs, which gives them confidence about future profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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