00:00It's Benzinga, bringing Wall Street to Main Street.
00:03PayPal shares rose Wednesday afternoon after Trump said he would not impose tariffs,
00:07easing transatlantic trade concerns.
00:10In a social media post, Trump said a meeting with NATO Secretary General Mark Ruta
00:14produced a framework for a Greenland and Arctic security deal
00:17and removed near-term tariff risk.
00:21Earlier comments from Trump at Davos about acquiring Greenland and warning Europe
00:24had unsettled markets.
00:26PayPal derives a large share of total payment volume from Europe
00:30through its PayPal, Braintree, and PayPal Complete Payments platforms
00:34and monetizes cross-border commerce and FX spreads.
00:38Shares closed up by 1.47% at $55.89 on Wednesday's close,
00:43according to Benzinga Prodata.
00:45For all things money, visit Benzinga.com.
Comments