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PayPal shares sink 15% after forecasting weak 2026 earnings; HP's Enrique Lores named new CEO

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PayPal logged revenue of $8.68 ⁠billion for the quarter, missing estimates of $8.80 billion. Adjusted profit was $1.23 a share, also below analysts' forecasts.

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PayPal shares sink 15% after forecasting weak 2026 earnings; HP's Enrique Lores named new CEO
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