Alphabet Rises, Paypal Drops, Eaton Slides as 2Q Profit Forecast Misses Estimates
On this episode of Stock Movers:- Alphabet (GOOGL) shares rise. Alphabet Inc. is selling its biggest-ever euro-denominated bond and tapping the Canadian dollar debt market to fund its ambitions in artificial intelligence. The company is set to raise at least €9 billion in euro bonds and has also kicked off the sale of a four-part Canadian dollar bond sale with maturities ranging from five to 30 years.- Paypal (PYPL) shares fall. PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around the payments company. The company is seeking…
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