How PayPal (PYPL) Compares To Other Fintech Stocks After Earnings

PayPal (PYPL) tumbles after weaker-than-expected guidance. Caleb Silver takes a look at PYPL after earnings. Its earnings were released yesterday, May 8th, postmarket. Its adjusted EPS came in at $1.17 versus an estimated $1.10 and revenue came in at $7.04B versus an estimated $6.99B. He questions if online payment services crowding the fintech space? He talks about how PYPL compares to other fintech stocks. He then previews tomorrow's CPI print, as markets are mixed ahead of time. He then highlights today's notable downgrades which include LUMN, SHOP, SWKS, and XPO. Tune in to find out more about the stock market today.