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PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe

PayPal Shares Jump Again After "Large Rival" Suitor Revealed As Stripe Update (1558ET): Bloomberg reports that payment processor Stripe has expressed interest in PayPal, a day after the outlet first reported that a "large rival" suitor was exploring a takeover of the payments platform. Bloomberg: STRIPE IS CONSIDERING AN ACQUISITION OF ALL OR PARTS OF PAYPAL STRIPE HAS EXPRESSED PRELIMINARY INTEREST: SOURCES Before the first Bloomberg report hit, PayPal shares in New York were at 2017 lows (with a market capitalization of around $37 billion) and were down more than 85% from the 2021 high...
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Mar 5, 2026 / Tyler Durden
Good Riddance, Jasmine Crockett
Good Riddance, Jasmine Crockett Submitted by QTR's Fringe Finance The results of Tuesday’s Democratic primary in Texas delivered a clear political message: voters are tired of listening to Rep. Jasmine Crockett. And thank f**king god she lost, because I am too. Crockett, who spent much of her short national career cultivating a reputation as the politician who can constantly be wrong the loudest and with the most attitude, was defeated by Texas state Rep. James Talarico, who was nowhere near as prominent on national television and who many people have likely ever heard of. Crockett quickly blamed everyone but herself, chalking up the...
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Mar 23, 2026 / Tyler Durden
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets
Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...
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Apr 4, 2026 / Tyler Durden
Tehran's Toll Booth For Hormuz Strait Divides Countries Into 3 Categories
Tehran's Toll Booth For Hormuz Strait Divides Countries Into 3 Categories The last several days have seen a limited number of foreign vessels successfully and safely cross the Strait of Hormuz for the first time, amid the ongoing de facto military blockage by Iran. A group of several vessels, namely French, Japanese, and Oman-linked ships were reported to have crossed the strait at the end of this week. This included Malta-flagged 'Kribi,' owned by French shipping group CMA CGM, having exited the Gulf through an Iranian-approved corridor, broadcasting "owner France" - as we...
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