PayPal  (PYPL)  is in trouble.  The financial services platform has been in a major decline since the beginning of the year.  Its stock price has fallen 52.2% since January. The market value has decreased by nearly $114 billion during that period to $104.3 billion. Profitability concerns surrounding fintech have grownContinue Reading

A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images LONDON — U.K. oil giant BP on Tuesday raised its dividend and boosted share buybacks after tripling second-quarter profits on robust refining margins and trading. The British energy major posted second-quarter underlying replacement cost profit, usedContinue Reading

Rivian ( (RIVN) – Get Rivian Automotive Inc. Report) is preparing for the tough times ahead.  The young manufacturer of electric vehicles, considered one of Tesla’s ( (TSLA) – Get Tesla Inc. Report) great rivals, wants to prevent a possible recession from disrupting its projects.  The company is currently increasing productionContinue Reading