PYPL

For the most part, this earnings season has been similar to many others in terms of seeing few outright misses. IT firms continue to beat estimates, and continue to raise guidance. That said, there have been some high-profile casualties. The most prominent name that has been sold on earnings has been ServiceNow. The reality is…

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Investment thesis; PayPal PYPL) shares have dropped about 10% since the company released its Q2 earnings late last week. The shares dropped initially because revenue guidance, which was raised for the second time in the last quarter, was apparently not raised enough to satisfy investors. PayPal indicated that the headwind from FX in the back…

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