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PayPal Soars On Reported $53 Billion Buyout Bid From Stripe And Advent
PayPal shares surged the most on record in premarket trading in New York after Reuters reported that payment company Stripe and private equity firm Advent International have offered more than $53 billion to acquire the struggling payments platform.
PYPL shares are up 20% premarket...
It's the biggest single-day jump since at least 2015 (which is near the lows where it is currently trading)...
Bloomberg noted call option volume surged ahead of the Reuters report:
Call option volume and implied volatility for Paypal surged ahead of a report that Stripe and Advent had made a bid for the digital payments firm, indicating some traders were well-positioned ahead of the news.
The proposed $60.50-a-share bid represents a roughly 28% premium to PayPal's Tuesday close, though it remains 80% below the $308 peak recorded in July 2021.
Here's more from the report:
The offer, submitted earlier this month, is backed by about $50 billion in committed financing from banks, said one of the people. The offer represents around a 28% premium to PayPal's closing share price on Tuesday.
Rumors of a potential acquisition first surfaced in late February when Bloomberg reported that Stripe had expressed interest in PayPal.
Related:
PayPal was one of the early pioneers of digital payments, but the company has quickly lost ground as consumers shifted to alternatives such as Apple Pay and Google Pay.
New CEO Enrique Lores has framed his turnaround around cutting costs, simplifying the organization and refocusing the company's strategy. But with competitive pressures mounting and the shares trading at near all-time lows, an outright sale may offer a more credible exit strategy.
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ASML Rises On Upgraded Outlook As Capacity Expansion Signals Robust Chip Demand
Technology stocks moved higher early Wednesday after ASML Holding delivered strong earnings and raised its full-year guidance, providing fresh evidence that demand for the advanced chips and manufacturing equipment powering the AI boom remains intact.
Nasdaq 100 futures gained about 40bps, while ASML shares rose 4% in Amsterdam after the company lifted its annual sales forecast for the second time this year. SK Hynix surged 8.8% in Seoul as the memory-chip maker's locally listed shares caught up with its US-listed ADRs, which soared 27% on Tuesday.
Focusing on ASML earnings, the company now expects annual revenue of 43 billion euros to 45 billion euros, well above its previous guidance and the Bloomberg Consensus estimate of 39.3 billion euros.
Second-quarter sales and profit also beat the Bloomberg Consensus estimate, while ASML lifted its full-year gross-margin forecast to as much as 56%, exceeding the 52.5% estimate.
ASML shares are up 4% in Amsterdam. Year-to-date, shares have risen 75%, continuing a powerful uptrend and maintaining the up-and-to-the-right pattern since mid-2025.
ASML plans to increase capacity for its low-NA extreme ultraviolet lithography machines by about 30% in 2027 and is considering another 30% expansion in 2028. CEO Christophe Fouquet said customers are increasing capital-spending plans, creating demand for more machines beginning this year.
Here's a snapshot of the full-year forecast (courtesy of Bloomberg):
- Sees net sales EU43 billion to EU45 billion, saw EU36 billion to EU40 billion, estimate EU39.3 billion (Bloomberg Consensus)
- Sees gross margin 54% to 56%, saw 51% to 53%, estimate 52.5%
Third quarter forecast:
- Sees net sales EU11.0 billion to EU12.0 billion, estimate EU10.27 billion
- Sees gross margin 55% to 57%, estimate 52.5%
- Sees R&D expenses about EU1.2 billion
Results suggest that ASML customers, including TSMC, Samsung and SK Hynix, are expanding production, while Intel has begun using the company's most advanced High-NA system. ASML expects a surge in demand from Elon Musk's proposed Terafab chipmaking project.
Here is Goldman analysts' first take on the ASML earnings, very positive:
ASML: Q2 beat, FY26 guidance was raised, and — more importantly — management gave stronger color on 2027 and 2028
Low-NA EUV capacity, directly addressing the key investor debate. Q2 sales of €9.3bn beat consensus of €8.9bn and came in above the top end of guidance.
Gross margin of 54.0% was also well ahead of the 51–52% guide and 51.7% consensus. Q3 guidance was materially better than expected, with sales of €11–12bn — around 11% above VA consensus at the midpoint — and gross margin of 55–57%, implying Q3 EBIT is roughly 26% above VA consensus.
The most important takeaway is that management addressed the core investor question on AI-driven EUV capacity. ASML said AI demand is accelerating customer capacity plans, order intake was "extremely strong," and it now plans to add 30% to 2026 Low-NA EUV capacity of c.65 tools for 2027, taking capacity to roughly 85 tools.
Other commentary from Wall Street (courtesy of Bloomberg):
Barclays (overweight)
- “We think ASML has given a lot of what investors were looking for," says analyst Simon Coles
- Says its guidance for low-NA EUV capacity for 2027 and 2028 should reduce investor debate on whether the firm is supply constrained
- Low-NA EUV bookings in 1H could be as much as €22b, reaching record levels
JPMorgan (overweight)
- The 2028 capacity guidance implies more than €65 in EPS for 2028, potentially enhanced even more so by the very strong installed base management revenue, says analyst Sandeep Deshpande
- The company isn't guiding to 90 EUV tools for 2027, but "we don't believe this should matter" given the much stronger-than- expected guidance for EUV and DUV capacity for 2028
Jefferies (hold)
- The company's outlook comments are mixed, with the strong increase in installed base management sales and gross margins being especially positive, while the 2027 EUV guide is underwhelming, says analyst Janardan Menon
- Says 2027 low-NA EUV capacity guidance is below market expectations that have climbed sharply recently
Morgan Stanley (overweight)
- Despite no longer reporting bookings, the company talked of very strong order intake continuing across 1H, and customers looking to accelerate capacity expansions, says analyst Lee Simpson
- That suggests strong sales momentum into FY27
Oddo BHF (outperform)
- Estimates should go up materially, probably in the range of 20%
- China exposure remains at around 20% of 2026 sales but is now on a materially higher revenue base, with incremental demand coming primarily from logic
- "ASML remains a story of unrivaled tech dominance and now benefits from a fundamentally different cycle driven by AI"
Stephan Kemper, chief investment strategist at BNP Paribas Wealth Management, noted, "As such, company fundamentals matter more than ever."
But more importantly, read our latest note on hyperscaler stress titled "Carnage" In The Hyperscaler Bond Market: Did Goldman Just Pop The AI Debt Bubble ...
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US Gov't Set To Expose Far-Left Radicalization Pipeline Leading Back To Communist Cuba
Watching the Democratic Socialists of America tighten their grip on the Democratic Party while far-left activists grow louder and bolder in their calls for revolution, "killing capitalists," and destroying the U.S. "from within" set off alarm bells.
Even the left-wing outlet The Atlantic acknowledged the troubling rise of "left-wing terrorism" following a wave of riots, political violence, assassinations and attempted assassinations, foiled terror plots, and firebombings targeting private companies.
That raised an important question: Are these efforts by far-left activist networks and NGOs to sow chaos organic, or are they part of, or linked to, foreign subversion networks that are helping fuel the unrest?
That prompted us in December 2025 to ask this question: "Is There a 'Cuba Connection' Behind the Radicalization of America's Nonprofit Left?"
Six and a half months later, a State Department official speaking to Breitbart News appears to be answering the very question we raised months ago.
"The State Department will be issuing a report detailing the Cuban regime's longstanding campaign to foment left-wing extremism in the United States and internationally," the official said, adding, "The report finds that for nearly seven decades, the Cuban regime has played an indispensable role in nearly every notable far-left insurgency, revolution, and militant movement across the Western Hemisphere and beyond."
At the time we raised the question, we explained that the National Network on Cuba (NNOC) is a deliberately loose coalition linking 77 activist organizations, NGOs, and political campaigns while minimizing legal exposure and obscuring clear command structures. The network was also linked to the now-sanctioned Cuban organization known as the Cuban Institute of Friendship with the Peoples, or ICAP. ICAP is a Castro-era organization used to spread Marxist ideology abroad.
Think of the NNOC as a potential pathway through which foreign subversion operations could infiltrate U.S. NGOs, with ICAP sitting at the center. Notice that the DSA is listed as a member organization of NNOC.
ICAP functions as the intake valve - political cover for intelligence operations designed to cultivate long-term assets rather than short-term spies.
The DSA is also a stated partner of the sanctioned ICAP.
Should only now make sense why DSA leaders are promoting "destroying America from within," and the way to do it appears to be through subversion networks empowering overeducated useful liberal idiots.
Frank, Aaron, Hank and Sam are Communist insurgents, radicalized marxist revolutionaries hiding behind personal ideologies to justfy their 1A expressions of the right to promote the insurrection of the Constitutional Republic of the United States of America pic.twitter.com/XLzzjisOqd
— AnimalFarm1945 (Moshe) (@Farm1945A) July 6, 2026Just days ago, independent Cuban news outlet ADN Cuba revealed that a US-based Cuba solidarity coalition was giving orders to their far-left revolutionaries embedded within the US to prepare rapid-response protests at US federal buildings, military bases, recruitment centers, and ICE facilities in the event of a military confrontation between the US military and the communist regime in Havana. As we've seen before, these protests tend to turn into riots, especially at ICE facilities.
🚨 PRIMERO EN ADN | Documentos revisados por ADN Cuba revelan un plan nacional de “respuesta rápida” distribuido por la Red Nacional sobre Cuba (NNOC), una coalición con vínculos documentados con el ICAP, para coordinar protestas contra oficinas de ICE, bases militares y…
— ADNCuba - Noticias de Cuba (@CubaAdn) July 8, 2026On Monday...
Cox Media Heir Turned Communist Financier Arrested In Spain, Faces US Extradition https://t.co/1q8Z4MD6Cs
— zerohedge (@zerohedge) July 14, 2026Related:
- How Bad Is Foreign Influence In America's Nonprofit Universe?
- Troubling Pattern Of Left-Wing Revolutionaries Targeting "Capitalists" Raises Alarm Over Youth Radicalization
Meanwhile....
All of this comes ahead of Secretary of State Marco Rubio's planned meeting Thursday with delegations from more than 70 countries to address what the State Department describes as "the resurgence of transnational far-left terrorism," suggesting the Trump administration is preparing to treat these networks as a coordinated international security threat rather than a series of isolated domestic movements.
Tyler Durden Wed, 07/15/2026 - 06:55