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Weekend Stock Spotlight: PayPal, General Electric, Ford And How Ethereum Miners Are Fighting The Merge

Benzinga2022-08-07

ZINGER KEY POINTS

  • Why PayPal may have reached at an attractive level to buy the stock after falling 68% from its high of around $308.
  • As Ethereum's upcoming Merge draws near, groups are making plans for forks to run the old version of Ethereum using miners.

In "GE Stock Is a Buy as Breakup Looms," Barron's Al Root writes that after more than 20 years of decline, General Electric Co is entering the final stages of a dismantling process that will leave just three parts remaining.

"Buy PayPal Stock. The Battered Payments Company Is Starting to Perk Up," by Barron's Carleton English, explores why PayPal Holdings Inc may have reached at an attractive level to buy the stock after falling 68% from its high of around $308.

"Shale Drillers Warn of Higher Costs as They Report Record Profits," by The Wall Street Journal's Benoît Morenne, says that shale companies, like Pioneer Natural Resources Co and Continental Resources Inc are reporting exponentially higher profits but are warning that inflation is leading to increased spending.

In The Wall Street Journal's "At Ford, Quality Is Now Problem 1," Nora Eckert writes about the steps being taken by Josh Halliburton, the newly hired executive director of quality at Ford Motor Co, to help improve the automaker's quality record.

"Fed’s Bowman Backs More Large Rate Hikes Until Inflation Eases," by Bloomberg's Jonnelle Marte, explains why Fed Governor Michelle Bowman says the Federal Reserve should remain open to large interest rate hikes similar to the 75 basis-point increase in July.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment47

  • Jess261
    ·2022-08-08
    Okay
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  • Looyusooi
    ·2022-08-07
    Ok
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  • jllwang
    ·2022-08-07
    Thanks for the insight
    Reply
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  • JT_TJ86
    ·2022-08-07
    [USD] [USD] [USD] 
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  • PrincessLow
    ·2022-08-07
    Ok 
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  • Thanks
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  • Simonnov
    ·2022-08-07
    Ic
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  • Chris68
    ·2022-08-07
    👌 
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    • Chris68
      👌
      2022-08-07
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  • Pluto891
    ·2022-08-07
    trading buy... no investable yet.
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  • Helloyah
    ·2022-08-07
    great
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  • 小虎一飞冲天
    ·2022-08-07
    Like pls 
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  • Maxangelos
    ·2022-08-07
    Nice!
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  • Kc888
    ·2022-08-07
    Ok
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  • RS142
    ·2022-08-07
    Good read
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  • Tomxx
    ·2022-08-07
    Like
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    • Helloyah
      yes
      2022-08-07
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    • SeLby
      Ok
      2022-08-07
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  • qwertytigger
    ·2022-08-07
    Ok
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  • Sigit waloyo
    ·2022-08-07
    Nice
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  • SCLIEW
    ·2022-08-07
    666
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  • ycwoo
    ·2022-08-07
    K
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    • Eellen
      Like
      2022-08-07
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  • FGP
    ·2022-08-07
    🙃
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    • Myname
      Ok
      2022-08-07
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