PayPal (PYPL +0.05%) recently turned down an offer to be acquired by Stripe and Advent for $60.50 a share, and that looks like a smart move. While the stock has been decimated, losing 80% of its value over the past five years, the company is still growing its revenue. Its valuation is very cheap, with…
We thank Julie Shi, Joe Price, Yuli Xu, and audiences at the International Health Economics Association 2025 and American Economics Association 2026 conferences for comments and reactions that have improved this paper. Ted Telford initiated the data collection underlying this work. Support from National Institutes of Health (NICHD) through Award HD 042731-01 is gratefully acknowledged…
Sandisk (SNDK +8.88%) has been by far the best-performing S&P 500 (^GSPC -0.52%) stock in 2026 with a 544% year to date gain as of the market close on Aug. 13. Sandisk is followed by Dell Technologies, Seagate Technology, Micron Technology (MU +4.13%) — which now has a market cap of more than $1 trillion…
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul. Kim Jae-Hwan | SOPA Images | Lightrocket | Getty Images A wave of South Korean investors is flocking to U.S. markets to avoid a correction at home, even as global investors pile in. Korean retail investors net…