PayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These results emerge as takeover speculation continues to swirl around the firm. PayPal's board considers the recent acquisition offer inadequate. The payments giant is implementing changes to streamline operations and cut costs.

PayPal stock is bracing for volatility as its second-quarter earnings and the buyout decision from Stripe and Advent loom

July 28 : PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is…