In today's hustle culture, donβt forget to carve out me-time! Set boundaries, unplug after hours, and engage in hobbies. A balanced life fuels productivity and creativity! πΌ
PayPal (PYPL) is jumping ~14% today after reports confirmed that Stripe and private equity firm Advent International jointly bid $60.50/share β a 28% premium to Tuesday's close of $47.37 β in a deal valuing the company at over $53 billion. The board hasn't responded yet, and 'Big Short' legend Michael Burry is already calling the bid 'too low.' Will PayPal hold out for a sweeter number, or is this the deal that finally gets done? Not financial advice.
The June nonfarm payrolls report dropped well below forecasts β just 57,000 jobs added versus the 113,000 expected β breaking a three-month streak of hot readings. Unemployment came in at 4.2%, slightly better than the 4.3% feared. Markets are cheering the miss as it takes rate-hike pressure off the Fed, with S&P 500 and Nasdaq futures both gaining and the Dow hitting a fresh all-time intraday high. Soft landing or early warning sign of a slowdown β which camp are you in? Not financial advice.