PayPal Options Spot-On: On July 5th, 157.81K Contracts Were Traded, With 1.65 Million Open Interest

On July 5th ET, $PayPal(PYPL.US)$ had active options trading, with a total trading volume of 157.81K options for the day, of which put options accounted for 19.42% of the total transactions, and call

Futu News04:30

PayPal: Navigating Challenges Amidst a Slowing Growth Trajectory

Yahoo FinanceJul 5 22:00

Australian court ruled that paypal subsidiary formulated unfair contract terms.

On July 5th, Guolonghui reported that the Australian Securities and Investment Commission (ASIC) stated that the Australian Federal Court ruled that PayPal's local subsidiary used unfair terms in general contracts with small business customers, which required small business customers to find and report billing errors within 60 days, otherwise they would not be accepted. The court ruled that this term was unfair. ASIC filed a legal lawsuit against PayPal on this issue in September last year. ASIC stated that PayPal voluntarily provided assistance during the investigation and also acknowledged that the term was unfair. On November 8th last year, PayPal voluntarily withdrew from the contract.

Gelonghui FinanceJul 5 21:14

Bitcoin Slumps to Four-month Low

Bitcoin remains in the outtray this week, with the world’s largest cryptocurrency slumping another 3% to bring week-on-week performance to a bruising -10%.

Investing.com Jul 5 20:19

Paypal's 'Unfair Contract Term' With Small Businesses That Led To Overcharging Ruled Out By Australian Court

In a recent development, the federal court of Australia has ruled that the local unit of PayPal Holdings Inc. (NASDAQ:PYPL) had an unfair term in its contracts with small businesses, leading to instan

BenzingaJul 5 18:25

Bitcoin Crashes to $53K, but Analysts Warn the Worst Isn't Over

Bitcoin crashed as low as $53,600 on Coinbase on July 5, the first time the asset has traded at this price since February, and analysts fear the worst is yet to come.

FXStreetJul 5 15:18