No. 889New York · London · SingaporeUpdated July 20, 2026

Financial News
& Market Press Releases

MARKETSSawyer & Associates, LLC rolls out new brand identity in Lake Wylie, keeps elder law and estate planning focusJul 20AAPLMagnificent Seven splits in premarket: Nvidia up 1.1%, Apple and Microsoft each off 0.6%Jul 20MARKETSHighway Holdings posts 29% revenue gain and return to operating profit to open fiscal 2027Jul 20MARKETSISTR in focus: Investar Holding reports second-quarter 2026 resultsJul 20MARKETS$78,000 income now required to buy a starter home, up from $43,000 in 2019, as supply deficit narrows from 2022 peakJul 20MARKETSChina auto demand heads for worst year since 2021 as sales plunge 20%Jul 20MARKETSIBM craters 23% on second-quarter earnings warning as clients shift spend to hardwareJul 20MARKETSIBM (IBM) suffers record single-day stock decline on second-quarter earnings warningJul 20MARKETSSK Hynix shares surge 11% in South Korea as Asian technology stocks rallyJul 20MARKETSChina Q2 GDP growth prints at 4.3%, at the low end of the government's target rangeJul 20MARKETSSawyer & Associates, LLC rolls out new brand identity in Lake Wylie, keeps elder law and estate planning focusJul 20AAPLMagnificent Seven splits in premarket: Nvidia up 1.1%, Apple and Microsoft each off 0.6%Jul 20MARKETSHighway Holdings posts 29% revenue gain and return to operating profit to open fiscal 2027Jul 20MARKETSISTR in focus: Investar Holding reports second-quarter 2026 resultsJul 20MARKETS$78,000 income now required to buy a starter home, up from $43,000 in 2019, as supply deficit narrows from 2022 peakJul 20MARKETSChina auto demand heads for worst year since 2021 as sales plunge 20%Jul 20MARKETSIBM craters 23% on second-quarter earnings warning as clients shift spend to hardwareJul 20MARKETSIBM (IBM) suffers record single-day stock decline on second-quarter earnings warningJul 20MARKETSSK Hynix shares surge 11% in South Korea as Asian technology stocks rallyJul 20MARKETSChina Q2 GDP growth prints at 4.3%, at the low end of the government's target rangeJul 20

NewsMacro

Stripe and Advent International table $60.50-per-share PayPal bid in deal valued above $53 billion

A joint offer from Stripe and Advent International has put PayPal (PYPL) in focus, with the bid priced at $60.50 per share and the total deal value placed above $53 billion. PayPal shares surged on the report. A formal response from PayPal's board is the setup's first confirmable step.

By Jonah BergMacro DeskJuly 20, 20262 min read

Stripe and Advent International have made a joint bid for PayPal priced at $60.50 per share, with a total deal value placed above $53 billion.
Stripe is a private payments company that competes directly with PayPal in digital transactions, while Advent International is a private equity firm.
PayPal's board has not publicly responded to the offer, and no timeline for engagement was provided.
The source disclosed no financing details, deal conditions, or named financial advisers for the more than $53 billion price tag.
PayPal shares moved higher after the offer was reported, though no attributed percentage was provided so the session move is unconfirmed.

The bid on the table

The number is $60.50. The deal size exceeds $53 billion. Stripe is a private payments company with direct competitive overlap with PayPal in digital transactions, which gives the bid a strategic dimension a solo financial sponsor would not carry. Advent International is a private equity firm. Its presence alongside Stripe raises the question of how the two parties would split ownership and operational responsibility in a completed deal, a detail the source did not disclose. Financial advisers on either side were also not named.

What the source leaves open

PayPal's board has not publicly responded, and no timeline for engagement was provided. The announcement gave no information on financing for the $53 billion-plus price tag and named no deal conditions. A combination of two large digital payments companies would draw antitrust scrutiny in multiple jurisdictions; that review process was not addressed in the source.

What to watch

PYPL shares moved higher after the offer was reported. No attributed percentage was provided, so the session move is unconfirmed. The $60.50 price is the bid. Whether PayPal's board treats it as sufficient is what determines if the offer advances. A signed merger agreement is the tape's next read. Advent's private equity role in the buyer group means capital structure and financing terms will be central to any deal announcement that follows.

More from the Newsroom

All stories →

01Macro

Sawyer & Associates, LLC rolls out new brand identity in Lake Wylie, keeps elder law and estate planning focus

A brand identity refresh is in focus for Sawyer & Associates, LLC, the Lake Wylie, S.C., elder law and estate planning firm that unveiled a new name and visual look on July 20, 2026. The firm says its team and client commitments carry forward unchanged under the refreshed identit

Ines Ferreira2 min read

02Macro · AAPL

Magnificent Seven splits in premarket: Nvidia up 1.1%, Apple and Microsoft each off 0.6%

Premarket trading put the Magnificent Seven in split territory, with Nvidia (NVDA) gaining 1.1% and Tesla (TSLA) adding 0.8% while Apple (AAPL) and Microsoft (MSFT) each declined 0.6%. Alphabet (GO

Ines Ferreira2 min read

03Macro

Highway Holdings posts 29% revenue gain and return to operating profit to open fiscal 2027

The fiscal first quarter of 2027 delivered a return to operating profitability at Highway Holdings, alongside gross profit growth of 58% year-over-year. Revenue rose 29% from the year-ago period, gross margin expanded approximately 800 basis points to 42%, and net income attribut

Jonah Berg2 min read

Frequently asked

How much are Stripe and Advent International offering for PayPal?

They have tabled a bid of $60.50 per share, valuing the deal at more than $53 billion.

Has PayPal's board responded to the bid?

No, PayPal's board has not publicly responded, and no timeline for engagement was provided.

Why does Stripe's involvement give the bid a strategic dimension?

Stripe is a private payments company with direct competitive overlap with PayPal in digital transactions, which adds a strategic angle a solo financial sponsor would not carry.

What regulatory concerns could the deal face?

A combination of two large digital payments companies would draw antitrust scrutiny in multiple jurisdictions, though the source did not address that review process.

What is the next confirmable step to watch in this deal?

A formal response from PayPal's board is the first confirmable step, and a signed merger agreement would be the next key development.