PayPal stock drops as weak margins fan growth fears
By Niket Nishant (Reuters) - Shares of PayPal Holdings fell nearly 11% on Thursday as weak second-quarter margins at the digital payments firm overshadowed a strong forecast. The stock was trading at $65.29, its lowest since mid-June. The company said higher provisions at
Australian stock exchange’s blockchain failure burns market trust
A man looks at the main board at the Australian Securities Exchange building in central Sydney, Australia, February 6, 2018. REUTERS/Daniel Munoz By Byron Kaye SYDNEY (Reuters) - In a Sydney hotel conference room in May, Tim Hogben, the head of