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PayPal Pops 16% on $53B Stripe/Advent Bid & Lucid Crashes on Bankruptcy Rumor | July 15, 2026 – Morning Market Briefing
Published 3 months, 2 weeks ago
Description
Andrew, Ben, and Tom discuss the Reuters report that Stripe and Advent are making a joint $53 billion bid for PayPal at $60.50 per share sending PYPL up 16%, Lucid's near-50% after-hours crash on an EV publication's report of a potential go-private or Chapter 11 restructuring — which the company forcefully denied as "completely false" — Richemont's Americas rising 27% with broad-based jewelry strength and a stunning +36% Japan comeback, and OpenAI's plans for a physical ChatGPT device with personality, proactive learning, and mechanical elements coming in 2027.
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Join our live YouTube stream Monday through Friday at 8:30 AM EST:
http://www.youtube.com/@TheMorningMarketBriefing
Please see disclosures:
https://www.narwhal.com/disclosure