Bulls win (🟩)

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Stripe and Advent reportedly offered to buy PayPal for around $53.4BStripe and Advent reportedly offered to buy PayPal for around $53.4B

Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. 

Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, with each holding an equal stake. 

This isn’t the first time Stripe has been linked with a potential acquisition of the payments giant. Earlier reports in February suggested the company had been exploring a possible takeover and was engaged in preliminary discussions, although no formal proposal emerged at the time.

If completed, the acquisition would unite two of the biggest names in digital payments. PayPal serves around 440 million active accounts and handled roughly $1.8 trillion in payment volume during 2025. Meanwhile, businesses use Stripe to process $1.9 trillion in payments over the same period. Plus, Stripe’s valuation climbed to $159 billion earlier this year. 

PayPal has yet to respond publicly to the offer.

...read more at techcrunch.com

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Interesting divergence today: Megacaps like Apple (nearing a $5T market cap) and Microsoft are lifting the NASDAQ, but memory chipmakers are getting absolutely hammered. Micron plummeted 9% and SK Hynix fell over 6%. Meanwhile, BlackRock (BLK) smashed through $15 Trillion in assets under management for the first time. Total reshuffling under the hood!

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Dunno, grabbed a few dollars of IBM. They stumbled, so their stock is on discount atm versus the last year.

They asked me to cease stalking them or they’ll call someone to hurt me