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PayPal’s board has reportedly deemed a $60.50-per-share acquisition offer from Stripe and Advent International inadequate, while the stock trades near $56 and analysts project lower valuations.
ASML raised its full-year sales guidance to 43-45 billion euros on strong AI chip demand, but shares closed 0.49% lower despite initial gains amid concerns about valuation and export restrictions.
Morgan Stanley reported record second-quarter revenue of $21.35 billion and profit of $5.58 billion, with equities trading revenue surging 69% to $6.3 billion.
UnitedHealth posted second-quarter earnings exceeding Wall Street expectations and raised its full-year profit guidance to $19.50-$20 per share, citing improved cost management and artificial intelligence initiatives.
Netflix stock fell over 7% after the company reported second-quarter earnings in line with expectations but disappointed with its forward guidance and announced plans to reduce engagement metric disclosures.
General Motors raised its 2026 earnings guidance after beating second-quarter expectations, citing resilient consumer demand, stable vehicle pricing, and narrowing EV losses as it completes a multibillion-dollar electric vehicle pullback.
