PayPal jumps 16% in pre-market on report of Stripe, Advent $53 billion takeover offer

July 15, 2026

Breaking News

Image source: Wikimedia Commons (PayPal, Stripe), Lummi

PayPal jumped in pre-market trading Wednesday after reports that Stripe and Advent International made a joint offer to acquire the payments company in a $53 billion deal.

According to Reuters, Stripe and private equity firm Advent are offering $60.50 per share, valuing PayPal at more than $53 billion.

The offer, submitted earlier this month, reportedly includes about $50 billion in committed bank financing and represents a 28% premium to PayPal's Tuesday closing price.

PayPal has not responded to the proposal, which would see Stripe and Advent jointly own the company with equal stakes.

The firms are reportedly aiming to advance discussions in the coming weeks.

PayPal shares were last up 16% in pre-market trading, though the stock remains down 18% over the past year.

Advent International declined to comment on the report, while CNBC has reached out to PayPal and Stripe for comment. CNBC reports.

EdgeUp

🏦 Dow, S&P 500, Nasdaq futures extend gains ahead of earnings, wholesale inflation data

US stock futures edged higher as investors awaited a second round of inflation data following Tuesday's softer-than-expected consumer price report, along with another wave of second-quarter earnings.

Futures on the Dow Jones Industrial Average and the S&P 500 gained 0.2%.

Nasdaq-100 futures added 0.5% as stocks looked to build on the previous session's gains.

The focus shifts to Wednesday's Producer Price Index report after the latest Consumer Price Index data showed the largest single-month decline in inflation since April 2020.

The cooler-than-expected reading reshaped the debate over Federal Reserve interest rate hikes, with traders scaling back expectations for a near-term increase. Yahoo Finance reports.

🤝 Jet.AI Announces Details of New Merger and Related Spin-Off of Data Center Business. Stock soars in pre-market

Jet.AI Inc., an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced that it has entered into a non-binding letter of intent for a proposed business combination with a privately held operating company.

The proposed transaction is expected to be valued at approximately $320 million in total enterprise value, with approximately $20 million of that amount—roughly 5%–6% of the combined company—allocated to Jet.AI shareholders.

The identity of the counterparty and the remaining commercial terms of the proposed transaction remain confidential pending the completion of due diligence and the negotiation and execution of definitive transaction documents. Globe Newswire reports.

🧑🏼‍🚀 SpaceX drops $39 billion, leaving gains at MDA, Rocket Lab, AST SpaceMobile in the dust

Space Exploration Technologies Corp. fell 2.2% to $136.08 late Tuesday, wiping out an estimated $39.5 billion in market value based on its reported base-offering share count.

Meanwhile, MDA Space, Rocket Lab USA, and AST SpaceMobile all posted gains, collectively adding about $2.0 billion in market value on a similar price-move calculation.

SpaceX's equity decline was 19.6 times larger than the combined gains of the other three companies.

The difference highlights the impact of size. A 2.2% decline in SpaceX was enough to outweigh the 4.1% average gain across the smaller space stocks.

While sector performance screens appeared positive, SpaceX's much larger market value meant its decline dominated the group's overall performance. Benzinga reports.

🔦 IBM's historic crash exposes a deeper tech divide: Chart of the Day

Rising memory prices have been boosting chip profits for months. IBM may have revealed who is footing the bill.

IBM plunged 25% on Tuesday, its worst single-day decline since at least 1968, after customers rushed to secure hardware ahead of expected price increases—a sign that the AI build-out is reshaping technology budgets and widening the gap between chipmakers and software companies.

The weakness spread across the software sector, where three out of every five stocks declined, led by Atlassian, ServiceNow, and Adobe.

Cybersecurity stocks bucked the trend, with CrowdStrike, Zscaler, Palo Alto Networks, and Fortinet all posting gains. Yahoo Finance reports.

💾 Aehr CEO Says AI Will Be Bigger Piece of Business as Orders Keep Rolling In

Aehr Test Systems Inc. shares surged in pre-market trading Wednesday after the semiconductor test equipment maker reported fiscal fourth-quarter results that topped Wall Street estimates and issued fiscal 2027 revenue guidance well above expectations.

The company reported fourth-quarter earnings of 11 cents per share, beating analysts' expectations for a 1-cent loss, according to Benzinga Pro.

Revenue rose to $18.84 million from $14.09 million a year earlier, topping the consensus estimate of $18.69 million. Benzinga reports.

Top 5 Movers in Early Pre-Market

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM ET). Stock Analysis reports.

1) AEHR: Aehr Test Systems, Inc.
Total gain: +30.54%

2) ELVA: Electrovaya Inc.
Total gain: +22.94%

3) JTAI: Jet.AI Inc.
Total gain: +21.36%

4) PYPL: PayPal Holdings, Inc.
Total gain: +20.28%

5) JLHL: Julong Holding Limited
Total gain: +16.08%

Yesterday’s Biggest Movers

The closing price of the top three market percent gainers trading near or above $3 on July 14.

(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM ET) Stock Analysis reports.

1) NXTC: NextCure, Inc.
Total gain: +201.83%
The company announced they have entered into a definitive merger agreement (the “Agreement”) for an all-stock transaction. The Agreement brings together Avere’s differentiated oral IL-23 program with NextCure’s public market infrastructure to accelerate development of AVR-001. Upon completion of the transaction, which is expected to occur in the second half of 2026, the combined company is expected to operate as Avere Therapeutics, Inc., and trade on Nasdaq under the ticker symbol “AVRX.” Globe Newswire reports.

2) VEEE: Twin Vee Powercats Co.
Total gain: +54.91%
The company announced that it has entered into a definitive agreement for a transformative transaction that will combine a merger involving the publicly traded company with the concurrent privatization of its boating business under the brands Twin Vee and Bahama Boat Works (the "Marine Business"). Accesswire reports.

3) CRMT: America's Car-Mart, Inc.
Total gain: +41.72%
The stock appeared to be moving on no notable news.

Today’s Notable Earnings

(Estimate and Actual numbers represent Earnings Per Share in US Dollars)

ALP: Alpha Compute
FY 2026
Before Market Open
Estimate: -1.710
Actual: N/A

FEIM: Frequency Electronics
Q4 2026
After Market Close
Estimate: 0.270
Actual: N/A

KARO: Karooooo
Q1 2027
After Market Close
Estimate: 0.510
Actual: N/A

Today’s Economic Dates

Time (ET) / Report / Period

8:30 AM - Empire State Manufacturing Survey - July
8:30 AM - PPI - June
8:30 AM - Ex-Food & Energy PPI, M/M% - June

Parting Thoughts

“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.”

– Jesse Lauriston Livermore

Sourced in: How to Trade in Stocks (1940).

Disclaimer

TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas ; TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF); and TradeZero Europe B.V., a Dutch broker dealer, authorized and regulated by the Dutch Authority for the Financial Markets (AFM) (collectively, the “TradeZero Broker Dealers”).

TradeZero Broker Dealers offer self-directed electronic securities trading to their customers. TradeZero Broker Dealers do not provide financial or trading advice and do not make investment recommendations to their customers. This communication does not constitute an offer to sell or a solicitation to buy any security or instrument which it may reference.

The information in this newsletter summarizes the latest market activity and related news and are provided for educational purposes only. Any trading symbols displayed are for illustrative purposes only and do not constitute a recommendation by TradeZero to buy, sell, or hold any investment. This material is not intended to provide investment advice or to take into account any individual’s financial condition, investment objectives, or requirements.

Investing involves risk, including the possible loss of principal.

There is a risk of loss in online trading of securities including equities and options. Trading on margin is for experienced investors whereby the loss can be greater than your initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses.

Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risks of Standardized Options, also known as the Options Disclosure Document (ODD) at OCC.

Stocks experiencing significant price volatility may involve substantial risk. Past performance is no guarantee of future results.

Any trading strategies discussed are for educational purposes only and should not be construed as investment advice or a recommendation.

Certain information herein has been obtained from third-party sources believed to be reliable; however, its accuracy or completeness cannot be guaranteed. The views and opinions expressed are those of the author and do not necessarily reflect the views or opinions of TradeZero, its affiliates, or employees.

If you have any specific questions about TradeZero's brokerage services, please reach out to the TradeZero Broker Dealer servicing your jurisdiction.