i went to this startup called paypal.is fairly large today, but there are about 3 million people working for the company. david: what was your responsibility to paypal? deborah: i joined as a product manager. back then, there were not a lot of product managers, and i was not 100% sure what the job was. they said, tell us what you think we should build. i was a power seller at one point. i had all these ideas to make the seller experience better, so i led the seller experience for a time and eventually led the integration between paypal and ebay. david: after that, where did you go? deborah: i finished up at paypal after a few years. i had my son, was working part-time, really felt like i was not making a difference, but then i got a call to lead buyer experience at ebay. i got a call when i was on maternity leave with my daughter. my friend said i have the perfect job for you but i just had to see where it was going to go and i joined facebook when it was about 900 employees. david: what was your job? deborah: i was there

. >>> an exclusive with paypal's new ceo, alex chriss, joining me at post nine laying out the plan for citizens dropping on the earnings the ceo is here for his outlook. big show still ahead "squawk on the street" is back after this (grunting) at morgan stanley, old school hard work meets bold new thinking. (laughter) at 88 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. old school grit. new world ideas. morgan stanley. >>> welcome back to "squawk on the street," shares of nvidia trading at all time high levels trading back to january of '99 the next guest is the number one chips analyst on the street believing chips are the safest way to play a.i. he joins us this morning, stacy, it's great to see you. >> good to be here >> quick, can we do amd? looking at a six month versus nvidia and the gains are almost -- well, 30% versus 19. what do you think is happening with amd right now >> people are looking for other ways to play a.i. besides nvidia part of the worry that people ha

paypal's venmo is behind zelle.ally, that pay with venmo option was recently removed from amazon's check-out. amazon has its own one-click check-out options. a shift from early 2020 when about 90% of analysts were bullish on the name. back to you. >> that is fascinating. i'm still a holdout on venmo. >>> kari, you sold paypal two weeks ago. why? for everything kate cited? different reasons? >> we've been patient, more than patient. it literally went down now from peak to trough. we end it going up. it was not significant compared to what we held on to. it was part of normalization. the stock is going to stabilize at a point and we're going to see revenues growing again at a strong double digit rate. that didn't happen. the most profitable part of the business is the button. certainly not at the rate the button does. if you have more competition and they're losing market share and now we're really seeing where they've cut costs but revenues aren't growing at a rate they should, now that we're normalized, are post cov

paypal has announced a.i. ambitions.he electric vehicle slowdown stock and what elon musk had to say about his company's future. a third kid. what if she likes playing golf? it's expensive. we're outlawing golf. -wait, can i still play? -since we work with empower. we don't have to worry about planning for a third kid. you can still play golf. -sometimes. -ughh! empower. what's next. all right. 60 seconds to draw the perfect gift. what's it gonna be? a bottle of don julio, 1942, delivered. delivered with drizly. gifting without the guessing. drizly. from pep in their step to shine in their coats, when people switch their dog's food to the farmer's dog, the effects can seem like magic. but there's no magic involved. (dog bark) it's just smarter, healthier pet food. it's amazing what real food can do. >>> s&p has risen, jumping 243 points. another half percent closing at a record high. the nasdaq also climbed about 2/10 of a percent. a couple booze, starting with boeing, the stock is tanking again after a halt on expanding

. >>> still ahead, major cuts coming to paypal. who it is impacting. >>> it was a little surreal to think that someone is willing to basically save your life. >> one woman helped save her sister's life by donating a kidney but there is a twist to the story. >>> i am chief meteorologist jeff ranieri. storm ranger and doppler radar t out scanning righ you may know adam schiff's work to protect the rule of law, or to build affordable housing, or write california's patients bill of rights. but i know adam through the big brother program. we've been brothers since i was seven. he stood by my side as i graduated from yale, and i stood by his side when he married eve, the love of his life. i'm a little biased, but take it from adam's little brother. he'll make us all proud as california senator. i'm adam schiff and i approve this message. >>> another bay area tech company says it is slashing its workforce. paypal says it is a limiting 2500 jobs around the world. most of those are layoffs. others are open rolled with the company and plans

how many workers at paypal? we're going to be cut from the we're going to be cut from the company. my dry eye's made me a burning, stinging, 5-times-a-day,... ...makeup smearing drops user. i want another option that's not another drop. tyrvaya. it's not another drop. it's the first and only nasal spray for dry eye. tyrvaya treats the signs and symptoms of dry eye disease fast by helping your body produce its own real tears. common side effects include sneezing, cough, and throat and nose irritation. relying only on drops? not me. my own real tears are my relief. ask your eye doctor about tyrvaya. several large companies now, including one based right here in the bay area, san jose based paypal says it is trimming about 2000 full-time employees. >> from its total workforce, the digital payments company says that those cuts are going to happen over several weeks with some of its organizations being more affected than others. not clear which ones paypal is the parent company of venmo honey, zoom spelled and among other brands. ups is laying off 12,000 employees across the country jus

paypal was the first mover and almost invented online checkouts.hey have fallen behind based on what mizuho have said from apple pay, introducing a few different things this one click check-out feature, calling it fast lane, it's in early testing. makes it faster, makes it easier, and some new features for venmo business and leading into advertising shares are down. you can see more than 6% on this news likely because of the perceived spending p.m. i asked alex chris about that, are you going to be pouring resources into this? no, it's about getting more efficient, but wall street wants to see more efficiency versus potential spending here, scott so that's likely what's hitting shares here. wall street doesn't like this news >> no, no, not at all. down near 6% kate rooney, thank you for that. mr. shareholder, learning about this in real time. >> yeah, it's the stupidest thing i've ever seen it looks like market manipulation, but nobody wins. why would you come out and say, we're going to rock your world, or whatever he said, and then the big innova

paypal's a loser. could make an argument it's become cheap as it sells for just ten times this year's earnings estimates. but i don't know. it could be a value trap. also the company has a new ceo alex chris recruited from intuit. that's a company i like very much. but can't make a good fundamental investment case for paypal right now. at the end of the day their core digital payments offering is no longer special. they're being challenged by apple, amazon two, companies it's very hard to compete against. meanwhile, paypal never found a way to make much money off venn moe, its popular peer to peer payments platform that's going up against block's cash app not to mention zelle which is owned by a consortium of old school banks. yeah they got into buy now pay later but who hasn't at this point? the best thing i should say is alex chris should come on the show and tell us why he thinks the stock should be bought. until then sidelines. bottom line we've now gone through the best and the worst of the dow, t

. >>> investors are not in -- impressed by ai's paypal initiatives.explain why after the break. i'm going to sell my life insurance cuz i don't need it anymore. my kids are grown, my wife is great, let's settle up the score. it's time to travel to paree, spend retirement happy. call 877-sell-easy. 877-sell-easy. 877-sell-easy, and sell your policy. you can sell all or part, live your life and play it smart. 877-sell-easy, and sell your policy. if you've had a change in health, or you're over 65, and paying for $100,000 or more in a life insurance policy you don't need, get paid for it instead. then take the money that you get, go to live it up, you bet. call 877-sell-easy. 877-sell-easy. 877-sell-easy, and sell your policy. >>> about 15 from the close. let's get back to christina for the stocks she is watching. >> humana one of the worst performers shares are down about 11% after the health insurer guided lower than anticipated, many older add-ons put off procedures are inchoate and are playing catch-up. those higher costs will pressure humana in 2024

a pop for synopsys got some deal talk there we'll trade it we have a drop for paypal. those trades and more just ahead. later on legendary energy trader mark fisher will join us live. we'll get his commodity playbook oil is moving as well. we're back in two. have heart failure with unresolved symptoms? it may be time to see the bigger picture. heart failure and seemingly unrelated symptoms like carpal tunnel syndrome, shortness of breath, and irregular heartbeat could mean something more serious, called attr-cm a rare, underdiagnosed disease that worsens over time. sound like you? call your cardiologist and ask about attr-cm. a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently. >>> we're back let's get you to stocks on the move synopsys is higher after announcing a $35 billion deal to buy graphic software maker ansys. you happen to own synopsys >> synopsys and cadence design systems both have been in the joet etf since november of 2020. i

paypal says it's focusing on efficiency and automation.acted employees should receive notice by the end of this week get >>> if you're feeling lonely, you're not alone. a bay area county wants to do something about this. the san mateo county board of supervisors voted unanimously to declare loneliness a public health crisis. they hope to raise more money to fight back on goal to fund and create a minister of loneliness position. the county becomes the first county in the united states to do that if it happens. such positions already exist in the >>> the warriors looked red hot tonight. steph curry said it was the niners in the house that inspired them. i think they would inspire anyone. invite the niners every single night. >> the warriors will be having a super bowl viewing party as a team because they have an off day in utah for the super bowl. that's really cool. the warriors and 76ers tonight at chase center. hello, dre'mont jones and hello . there is the fourth quarter. jonathan coming out on the break, finishing with 26 points. he ha

no more cashmere sweaters for you paypal shareholders. it's an actual ai doctrine a big way. so, this morning before given that most of his case before the end of the session. it's real. it's god profitable ai. but, it had a great rent for the quarter. that makes sense. and it's such as stocks. by the way, we've seen the bitcoin double in anticipation of being wrapped up to an etp. at the cousin of ets that's first to bring in many, many new investors. billions upon billions of dollars came in to run ahead of the suckers who would buy the atp when it was launched. but, you know what? here's one that shocked me. a sucker is born any minute. in fact, there is been an actual outflow of crypto ebt money for the past few days. overall, less than $1 billion that new money has come in. these new spot between edp since they started training two weeks ago when people thought there would be tens of billions of dollars coming in. a bit queen was 187 billion on june 18th when blackrock filed for their eve ebt. to be training as between eras all over the world ran ahead of all the suckers

paypal, kari, downgraded to perform from outperform at oppenheimer.could take years for profitability to stabilize. what do you think? >> i think that's an interesting call. this is the quarter where we're making a decision about paypal. it's a stock we've owned for years. it ran way up. it's come way down. losing market share and they have pricing power or not and this is something channel checks currently, we look at what happened over the christmas season. applepay is an enormous competitor. this is reasonable for people to talk about this and make some decisions. i understand. that doesn't mean we won't. >> josh, any advice on what kari might be doing? it's a stock and i think a new one for you, too. >> look, i don't have a huge stake here. i do think a lot of pessimism has already been priced in. oh, but what about blank? they've lost, like, i don't know, $300 billion worth of market cap since the peak in 2021. you can't say there are more shoes to drop. you can say it will be challenging for them to of grow at the rate that they used to grow. i

qr codes are also available and paypal, who is watching us, maybe it is more convenient there abroad, you can also via paypal liberation of crimeia e means. how is it called correctly in the ukrainian language dog yes dog well dog yes it will probably be a little different well well dog gmail.com well see our program further we will always support such gatherings for the only separate unit in the crimean armed forces, which, as we proud to support. well, they support the process of deoccupation of crimea, which, well, actually already. started, and we understand that it will be a very multi-layered story, the crimean one is the most supported deoccupation, people who remained in crimea for various reasons, you do not know, having the opportunity this week to communicate with the general of the armed forces of ukraine dmytro marchenko, who is partially in charge, one of the best, in charge of the communication of our defense forces with the underground in the south, in general, his opinion, which looks more than authoritative, is that people in crimea continue to provide information, e

we were an owner of paypal for so many years that most of our accounts had a gain in paypal. >> what are you looking at then? you take the cash here and what is sort of attractive in a market where it might go? >> well, i think we're looking in parts of technology where there haven't been the big moves. there obviously have been a lot of uptrends in tech over the last 12 months but there's some where it's not entirely true. also health care. health care, we talked about that, the market has really underperformed. i think there's more m & a activity. there's perhaps more drug discovery. those are two parts of the market sectors that we like. >> okay. we move past that move, we have others, brian, welcome back. happy new year. >> hey, happy new year to you, thanks for having me. >> interesting start to the year, to say the least, after this massive burst at the end of the 2023, how do things look to you? >> i think the same. the last four to six weeks of the year really started to bring credibility back to owning equities in north america in particular. and the broadening out really be

paypal was an early disruptor of the payments industry but rivals have since crowded into the space. saw its biggest share drop since april after announcing plans to cut 12,000 management jobs. it says the move will save more than 100 billion dollars. the ceo says the cuts are possible due to new technologies like ai. ups expects sales for 2024 to come in between $92 million and $94.5 million, trailing estimates. block declined to give specific details on how many jobs are affected. the company announced a cap on reported third-quarter earnings in november. it has been trying to rein in costs to boost profits. bloomberg has learned ups has cut pay of senior bankers as it continues to reduce headcount efforts takeover of credit suisse. sources say several cuts were made last week. ups' workforce jumped when the deal closed in june -- ubs' workforce jumped when the deal closed in june. annabelle: just looking at how u.s. futures are faring so far in today's trading, they have just come online at the top of the hour. you can see weakness particularly in the nasdaq futures contract. this

, who is watching us, maybe it is more convenient there abroad, as well... you can use paypal liberation of crimea means how is it called correctly in ukrainian language dog yes dog well dog yes for sure and a little differently well ok dog gmail .com, look at our program, we will always be there to support such meetings for the only separate unit within the crimean armed forces, which we are proud of and which we support. well... they support the process of deoccupation of crimea, which actually has already begun, and we understand that this will be a very multi-layered story, the most supportive of crimean deoccupation are people who stayed in crimea for various reasons, you know, having the opportunity this week to talk with general of the armed forces of ukraine dmytro marchenko, who takes care of the partial, he is so cool, he is one of the best, takes care of communication of our defense forces with the underground in the south in general, so his opinion, which looks more than authoritative , is that people in crimea continue to provide information, extremely important information

it's not yet clear which ones paypal is the parent company of venmo xoom and honey. among other brands. >> but leaders say a recently implemented safety plan is helping riders transit agency leaders announced the safe and clean plan in september. and since then, they say writer satisfaction has gone up, particularly at the civic center station in downtown san francisco. this is video of workers cleaning up that station from back in 2019. fast forward to today and more than half of bart riders surveyed at civic center reportedly satisfied with riders safety up from just 32%. last summer. and overall satisfaction at that station jumped 9 points to 77%. bart leaders discuss their findings, said a news conference today. >> the safe clean initiative to me has been a turning point for our agency. and this is a moment to stop. take notice of the statistics and data that game. >> and to see that part has loosened and we're working hard every day to deliver the top. world-class transit system that the san francisco bay area so much deserves. >> but leaders say civic center wr

the bay area's newest pro sports team just announced their season schedule at paypal park bay fc, the newest expansion team from the national women's soccer league, will kick off the season against the la city angels on march 16th. the team will then have their first home game against the houston dash on march 30th at paypal park. earlier this week, players cked off their training camp, showed off their new uniforms and met with the media. the players and the coaches say they are very excited to get there. inaugural season underway still ahead, san francisco's biggest mall continues to grapple with store vacancies, but now there's a plan to bring i'm peter dixon and in kenya... we built a hospital that provides maternal care. as a marine... we fought against the taliban and their crimes against women. and in hillary clinton's state department... we took on gender-based violence in the congo. now extremists are banning abortion and contraception right here at home. so, i'm running for congress to help stop them. for your family... and mine. i approved this message because this is who w

la selección mexicana aquí en el paypal park, en lo que será el debut del equipo en casa.z cedeño de la selección de costa rica. así que buenos partidos nos esperan en el debut y ahí estaremos para estar en el camino de ellas. a lo largo de este primera temporada con el equipo soccer todos los deportes. nos vamos a una pausa y regresamos. >> domina la acción fue presentado por toyota cuando la aventura llama, toyota responde toyota. yavamos ya vio esas imágenes? >> un oficial casi muere durante esa parada de tráfico y las imágenes más impresionantes se las vamos a estar presentando hoy a partir de las 11. >> y mire, el distrito de protección contra incendios del condado contra costa anunció que utilizarán nuevos fondos para ayudar a proteger a los residentes de los incendios forestales. el departamento de california concedió 3 millones de dólares a con fire para crear un cortafuegos sombreado. en esencia, se trata de una franja de terreno modificada que limitará la capacidad de un incendio para propagarse rápidamente. este proyecto se llevará a cabo en el sur de lafayette

, it seems, too, paypal liberation of crimeia, sobacagmail.com, donate there as well, if it is convenient for you, thank you very much from the soldiers and commanders, let's go, and we will start with information about the security situation for the time being. peninsula, because the past week has brought us many events, and only now in fact, we can somehow analyze them and understand how systematic the approach of the defense forces is to what is happening in crimea, or, after all , point strikes for now. yuriy botusov wrote literally the other day: the success of the armed forces is important, russian sources report the liquidation of colonel vadym ismagilov, the commander of the third radio engineering regiment of the russian aerospace forces, on january 4. you could also hear about him in our previous issue, when we quoted our paramilitary resistance, and also which they called ismailov a person who was liquidated, and a man of no account, since both his liquidation and the liquidation of the object, in fact, at which he worked, which he managed in the city of saki, in the city of ye

, who is watching us, maybe it is more convenient there abroad, the same it is possible through paypaleration of crimeia, that means how, as it is called, correctly in ukrainian language, dogs, yes dog. dog, yes, it will probably be given a little in another way, well, dog gmail.com, well, see our program further, we will always support such gatherings for the only one in the armed forces, the crimean separate unit, which we are proud of, which we support, well, support the process of deoccupation of crimea , which actually has already started, and we understand that it will be a very multi-layered story. the most supportive of crimean deoccupation are people who remained in crimea for various reasons, and you know, having the opportunity this week to communicate with the general of the armed forces of ukraine dmytro marchenko, who partially takes care of communications, is one of the best, takes care of the communication of our defense forces with the underground in the south in general, so this is his opinion, which looks more than authoritative. in the fact that people in crimea con

, it seems , paypal liberation of crimeia, dog.ring it there in the same way, if it is convenient for you. thank you very much, from the soldiers and commanders, let's go. yes, and we will start with information about the security situation on the temporarily occupied peninsula, because last week brought us a lot of events, and only now in fact we can somehow analyze them and understand how systematic the approach of the defense forces is to what is happening in crimea, or still point shots. yuriy botusov. literally the other day he writes, the success of the armed forces is important, russian sources report the liquidation of colonel vadym ismailov, the commander of the third radio engineering unit, on january 4 regiment of the air and space forces of the russian federation. you could also hear about him in our previous issue, when we quoted our paramilitary resistance, and who also referred to ismailov as a person who was liquidated, and a person of great worth. only his liquidation, and the liquidation of the object, in fact, at

kron 4 dot com paypal park, a park.ve look outside at the bay bridge toll plaza. >> cars may be heading to chase warriors game. there could be part of the issue. at least the roads are dry tonight. yes, that is a good thing. lawrence karnow has a look ahead. hey, lauren, guys, yeah, looking good. now we've got enjoy these days while we have it. >> we're right in the middle of the season here, right in the midst of the wet season. we've got some significant weather possibly coming our way. we'll take a close look at that moment. want to show you the long-range forecast model than watch this last couple of days here you can see on the eastern seaboard looking pretty dry out there. you see all the brown, they're expecting below normal rainfall. changes. when you look out west, look at california look at the bay area. there you go. they got that dark area right here. that is a forecast for 80 to 90% of above normal precipitation. a forecast as we head through that period as we get into next week in early in the february. en

paypal says it's focusing on efficiency and automation. impacted employees should receive notice by the end of this week get >>> if you're feeling lonely, you're not alone. a bay area county wants to do something about this. the san mateo county board of supervisors voted unanimously to declare loneliness a public health crisis. they hope to raise more money to fight back on goal to fund and create a minister of loneliness position. the county becomes the first county in the united states to do that if it happens. such positions already exist in such positions already exist in the uk not just any whiteboard... ...katie porter's whiteboard is one way she's: [news anchor] ...often seen grilling top executives of banks, big pharma, even top administration officials. katie porter. never taken corporate pac money - never will. leading the fight to ban congressional stock trading. and the only democrat who opposed wasteful “earmarks” that fund politicians' pet projects. katie porter. focused on your challenges - from lowering housing costs to fi

, who is watching us, maybe it is convenient there. abroad, it is also possible through paypal liberation of crimeia, so how, how is it called in the correct ukrainian language, sobachka, yes sobachka, well , sobachka, it will probably be like that, it’s a little different, well, sobachka gmail, com, well , see our program further, we will always support such gatherings for the only crimean separate unit in the armed forces, which we are proud of and which we support. well and support the process of deoccupation of crimea, which , well, has actually already begun, and we understand that this will be a very multi-layered story, the people who remain in crimea for various reasons support the most of the deoccupation of crimea, and you know, having the opportunity this week to communicate with the general of the armed forces of ukraine dmytro marchenko, who takes care of the partial one, is one of the best. takes care of the communication of our defense forces with the underground in the south in general, so his opinion, which looks more than authoritative, is that people in crimea continue

see a monobank card , to which you can and should donate, now, after forever, well, we also have paypal, it seems too, paypal liberation of crimea, sobacagmail.com, donate as well as there, if it is convenient for you. thank you very much from the soldiers and commanders, let's go. yes, and we will start with information about the security situation on a temporary basis. peninsula, because last week brought us a lot of events, and only now we can actually analyze them in some way and understand how systemic is the approach of the defense forces to what is happening in crimea, or are they still point strikes. yuriy botusov, literally the other day , writes: the success of the armed forces is important, russian sources report the liquidation of colonel vadym ismagilov, the commander of the third radio engineering regiment of the air and space forces of the russian federation, on january 4. you could also hear about him in our previous issue, when we quoted our paramilitary resistance, and also, who also referred to ismailov as a person who was liquidated, and not just any person, since bo

drones, donate, help our fighters, there is also a card number, which means qr codes, there is also paypaling us, maybe it is more convenient there abroad, it is also possible through paypal liberation of crimeia, so how, how it is called correctly in ukrainian, dogs. yes, the dog will definitely be a little different ok sobachka gmail.com well, look at our program further, we will always support such gatherings for the only separate unit in the crimean armed forces, which we are proud of, which we support. well , they support the process of deoccupation of crimea, which has actually already begun, and we understand that there are many layers to it. there will be history, the people who remain in crimea for various reasons are the most supportive of the crimean deoccupation, and you know, having the opportunity this week to talk with the general of the armed forces of ukraine dmytro marchenko, who is partially in charge, he so cool, one of the best, looks after the communication of our defense forces with the underworld in the south in general, so his opinion, which looks more than authori

here you see a monobank card, to which you can and should pay now after always, well , we also have paypal, it seems too, paypal liberation of crimeia sobaka@gmail.com convey the same to there if it is convenient for you, thank you very much, the soldiers and the commander have left, so we will start with information about... the security situation on the temporarily occupied peninsula, because last week brought us many events and only now in essence we can somehow analyze them and understand how systemic is the approach of the defense forces to what is happening in crimea, or are they still point strikes. yuriy botusov literally wrote the other day: the success of the armed forces is important, russian sources report about liquidation on january 4 of colonel vadym ismailov, commander of the third airborne radio engineering regiment. forces of the russian federation, you could also hear about him in our previous issue, when we quoted our paramilitary resistance, and also who also referred to ismailov as a person who was liquidated, and a man of no account, since both his liquidation and th

and then over at paypal we are hearing a similar story today.ting this but cnbc has not reviewed multiple linkedin accounts gotten word they are being let go coming as the new ceo is on this cost-cutting mission. he talked a lot about focussing more on the core products, like check out. he laid that out last week. ceo said they need to get leaner. they need to get that cost face in line. paypal announced 7% reduction almost a year ago. at the time it was 2,000 jobs. it's the latest from both companies in fin tech adding to this growing list of tech job cuts everywhere from amazon to google and stocks up slightly. dom, back other to you. >> u.p.s. on the transportation side as well. kate rooney, thank you for that story. >>> still ahead on the show, apple's vision pro headset set to launch later on this week, but is it worth $3,500? we'll give you a first-hand look at apple's new reality tv or reality headset in general when hoe "power lunch" returns after this break. ♪♪ sofi is helping me get my money right to achieve my ambitions. like earning

paypal making headlines as it cuts 2500 jobs, 9% of its workforce. greater competition putting pressure on profits. the chief executive says the decision will right size the company. those affected will be notified this week. paypal was an early disruptor of the payments industry but rivals have crowded into the space. a delaware judge striking down elon musk's $55 billion pay package at tesla after a shareholder challenged as being excessive. he will have to come up with a new proposal to replace the most expensive compensation deal in history. musk's net worth would fall to $154 billion, dropping him from top spot on the world's richest list to third place. the judge did actually say this was all essentially the product of a sham negotiation. this pay package. that is in the striking down of it. yvonne: i guess he was overpaid. that is what the judge said. rishaad: he did -- david: he did respond on x. nevada and texas might be better for letting shareholders decide. he said never incorporate your company in the state of delaware. yvonne: he told a

paypal has been the drag here. >> absolutely. is a great performer. our thesis there is even if we saw slowing, the ad spending, law had spent would go to the strongest advertising platforms, and google's desk. they also have a cloud play that is definitely a big part of their story, and we think that continues even though it is slowly. they are a leader in artificial intelligence and will probably continue to be. that is the story there. it was a higher price to stop, and higher interest rates it was a challenge, but it performs really well. paypal on the other hand, we were sort of banking on the fact that it is still one of the cheapest ways to access payments. it's expected earnings were still very strong, and quite frankly over the last three months it has been a stellar performer, but it just has not gotten over the losses that we endured at the beginning of the stock graft. so it is strengthening up, but it may not get there in time. >> it's like it's going to touchdown down 45 to nothing like the cowboys did last week or

paypal especially, i think you have a chance to win there over the next 12-18 months.alk to you soon. >>> all right, folk, how russia and china's dangerous reliance on nuclear weapons could actually upend the u.s.-led world order. we're talking about the next level of war that no one's talking about but should. we'll be right back. ♪ ♪ shopify's point of sale system helps you sell at every stage of your business. with fast and secure payment. card readers you can rely on. and one place to manage it all. whatever the stage, businesses that grow grow with shopify. sara federico: at st. jude, we don't care who cures cancer. we just need to advance the cure. it's a bold initiative to try and bump cure rates all around the world, but we should. it is our commitment. we need to do this. hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 po

, nos vamos a ver entonces cuáles son estos partidos, porque nos encuentran unos buenísimos en el paypaln el city. va a venir a visitar a bifc en junio. 22 y bueno, se espera que sea realmente toda una fiesta. y nosotros, por supuesto que estaremos ahí para traerle el debut del equipo femenil profesional de fútbol del área de la bahía, que también está pronto a hacer muchos más anuncios. quédese con nosotros porque ya sabe que se lo tenemos en exclusiva. hasta uíaq san diego en los últimos días. también están los animales. en particular está el caso de un coyote al que ahora intentan devolver a su hábitat luego de haberlo rescatado de un campo inundado. >> resulta que el animal fue encontrado flotando entre los escombros y además tenía un balde atorado en la cabeza. por eso la sociedad protectora de animales le brindó atención veterinaria y ahora se encuentra ya en rehabilitación. >> y ahora hablamos de willow y de maple. los cachorros de puma rescatados en noviembre. se acuerdan ustedes? bueno se están sintiendo cómodos en su nuevo entorno. en california, según los reportan, pues vamos

what a call. >> were you not impressed yesterday by paypal's 17-minute video on innovation?was up 10% from the time of my interview with alex chris last week until yesterday, and then it reversed. >> i'm going to be honest. i did not think it should have been down that much. i was surprised. >> what was it down? >> he mentioned a.i., and it went down. servicenow mentioned a.i., and it was up, and then it went down yesterday was not the day to mention a.i. >> bad day to stop sniffing glue, huh? >> david, honestly, it was not a bad presentation i was surprised that alex chris was met with such negativity on that presentation. >> yeah. that stock, still down a bit up overall, though over the last week or so >> well, jim, at least when it comes to a.i., you've got these reports that the ftc is all over some of these deals. so, you'll have more to complain about. >> they were doing so good you know, they were starting to be sensible. i was thinking they might be -- get more rigorous, you know, but it's -- no no the ftc is back in that role of torturing all the companies that amer

for example, you don't really use paypal.— don't really use paypal. i've shown an interest and i would transfer money to your bank. the interest and i would transfer money to your bank-— to your bank. the issue with facebook — to your bank. the issue with facebook marketplace - to your bank. the issue with facebook marketplace and l to your bank. the issue with - facebook marketplace and other online _ facebook marketplace and other online sellers, there is no problem if you _ online sellers, there is no problem if you are _ online sellers, there is no problem if you are dealing with honest people. — if you are dealing with honest people, but if criminals think, there — people, but if criminals think, there is— people, but if criminals think, there is a _ people, but if criminals think, there is a site i can exploit because _ there is a site i can exploit because they don't have a secure payment — because they don't have a secure payment system and they take discussions about payments off—line, that's— discussions about payments off—line, that's a _ d

first pick is paypal, which i thought had been beaten down something rotten. >> super beaten down andt was $120 pre-pandemic and all the way up to well over $300 at the peak of the summer of 2021 down to $50 and back top 60. this is a turn around story. what happened to paypal is they kind of lost focus of core business and they started to focus on shiny new objects and all these ancillary businesses and that hurt their business and have new management in place and getting refocused on what matters and trading 11 times earnings and trading 16 times earnings of them and that's the management demonstrating their heads are on 20 suspended ands and it should have a bear minimum going from 11 up to 15-16 level and our opinion means there's 40% upside and more. stuart: vestis corporation, v-e-s-t-i-s corporation. >> yeah, this is work provider outside of cintas. they were part of aramark and does sporting events and concessions and concerts and they got no love and attention. they were ancillary businesses and aramard didn't pay attention to them and spun off last year and now at the point

paypal cutting 9% of its workforce as rising competition puts pressure on profits.notified this week. paypal was an early disruptor in the payments industry but rivals have since crowded into the space. in the biggest share drop since april after plans to cut 12,000 management jobs. the ceo says it's due to new technologies like ai. jack dorsey's fintech will begin cutting jobs as part of a go to cap its workforce at 12,000. declined to give specific details on how any jobs are affected. they will report third-quarter earnings in november. they have been trying to rain because to be prophets. and reducing headcount after the takeover of credit suisse, sources say several cuts were made last week. the workforce jumped to about 120,000 when the deal closed in june. the bank says it aims to save about $6 billion in staff costs in the coming years. annabelle: we can stick with that theme of job cuts at banks, because the japanese lender nomura announcing it is cutting 60 staff and most of that is in investment banking, ahead of its earnings result later today. let's cro

stuart: paypal is not doing good well. lauren: it is not slowing down. to underweight, it is 111. progress is slow in general, not optimistic paypal can monetize which they own as check out for younger consumers. stuart: rent the runway. it sounds like a great deal, 6 items per month. lauren: for certain price. stuart: cutting $0.62. stuart: lauren: every woman i know runs it but it's not profitable at this point cutting jobs. stuart: alaska airlines. boeing planes. lauren: united has the most 737s in the fleet. during inspection of all those planes found four instances that bolted the door plugs have installation issues and needed additional tightening. this issue is broadening as we have seen. the travel influencer has said flying is safe but maybe not on a 737 max 9, what caused a terrifying instance. are there three lap babies on that flight? if any of them had been seated near 26 a and b, holding the plane, that would be yet. there are four unaccompanied minors on the plane, the flight attendants are so scared and during the mpc hearing, the media is requesting to speak with

i have not been behind paypal for a long time. if he delivers a good quarter we will know that they are back and bigger than we expected. again, google is not expensive but i am concerned. we were being greedy. the magnificent seven analog of the leaders. it's going into high-yield her's, banks, drug stocks, healthcare, i think that all of this will keep happening and the seven is going to stall. that is why we trim some of them. is it time to trim your winners? we will look at the s&p 500 standouts. it is not all about the winners. i will give you the stocks that were at the bottom of the barrel. plus, is the market high expectation of interest rates too far ahead of reality? i will tell you what i think is going to happen. stay with cramer. >> don't miss a second of mad money. follow jim cramer on x. you can send an email or give us a call at (800) 743-2622. my name is douglas. i'm a writer/director and i'm still working. in the kind of work that i do, you are surrounded by people who are all younger than you. i had to get help

it's not clear which ones paypal is the parent company of venmo zoom spelled am and honey, among other brands. san mateo county leaders have passed a resolution declaring loneliness, a public health crisis. >> the board is the first in the country to do this. the supervisor david canepa also wants california to create a minister of loneliness position. so far the united kingdom and japan but established the position to combat the issue. >> very small community of pilots and should everybody be very sad to hear about this? >> up next, a small plane crashes in concord killing a pilot. how a fellow pilot is remembe you want to see who we are as americans? i'm peter dixon and in kenya... we built a hospital that provides maternal care. as a marine... we fought against the taliban and their crimes against women. and in hillary clinton's state department... we took on gender-based violence in the congo. now extremists are banning abortion and contraception right here at home. so, i'm running for congress to help stop them. for your family... and mine. i approved this message because this is

paypal has also announced job cuts, the cuts will affect 3500 jobs of around 9% of the global workforceo says the firm is moving to right size is business. time to widen our focus now a bit and look at the state of the world economy. the international monetary fund has raised its forecast for economic growth this year. it now expects the global economy to grow by 3.1%, up from 2.9%. the imf upgraded its outlook for the world's two largest economies — the us and china — citing "resilience" and the faster—than—expected easing of inflation. the global economy continues to display remarkable resillience with inflation declining steadily and growth holding up, the chance of a soft landing has increased. the pace of expansion remains slow and risks remain. the fate of the world economy is closely tied to monetary policy in the us and that is why tomorrow a lot of focus will be on the us federal reserve first policy decision of the year. the market is expecting jerome powell to leave interest rates unchanged this month, however, more interest is on the central bank outlook for rate cuts as inf

the violence broke out and forth. modest be off to police. went on stripe, paypal for you. from mister james motor operate called for com, saying the pick ups were caused by a glitch in the federal system. as hundreds of thousands of homes of the us east coast have last fall off. sort of both have been to storm hit. at least 3 people have been default is killed due to the storm, which brought heavy flooding winds angry and multiplied warning. have been issued in the fall one you too. as the governor this christy has ended, has been for the republican presidential nomination. has announcements came unexpectedly as christy insisted earlier this week that he had no plans of dropping out. he's been one of the few republicans to open. the brick with the tom post apology is front on now i could also the president has declared that the nation is that war, but i'm trunk king's us. the country dropped booth with an unprecedented wave of violence and began off to the notorious gang. either disappeared from prison on sunday, walking riot gun baptists and kidnappings. if these 10 peopl

musk reiterated plans to compete with paypal, visa and banks by offering products and service that willape how we connect, communicate, and transact". musk was granted a money transmitter license from the state of utah last week and is the 15th u.s. state to okay his company plans to offer payments. fascinating, isn't it? no matter what you say elon musk is the king of disrupters, stu. stuart: read that book about him, the new one. it's an excellent book and details he's the disrupter in chief and a revolutionary. remarkable book. all right, ash, thanks very much indeed. it's that time, show me the dow 30. we have a sense of the market. even split, same number up, same number down. fractional change for the dow, it's down merely a point. 37.3 is the level. question for you: is the american dream dead? one realtor says yes, it is. watch this. >> the millennials are the pinched generation where college essentially stopped working for most, the debt piled up, and the old american dream died and we got left holding the bag. stuart: that is freddy smith and he'll join us next making his case