Digital payments giant PayPal (NASDAQ: PYPL) recently reported its 2022 third-quarter financials, posting revenue of $6.8 billion and adjusted earnings per share (EPS) of $1.08, both of which exceeded Wall Street forecasts. PayPal has historically been able to post greater than 15% annual sales growth like clockwork, but with a slowdown imminent, is this still a top growth stock for investors to buy? During the three-month period that ended September 30, PayPal added 2.9 million net new active accounts, bringing the total to a whopping 432 million. Read More...
The Wall Street Journal
Trump Lawyers Sanctioned for Filing ‘Frivolous’ Lawsuit Against Hillary Clinton
A federal judge in Florida has imposed monetary sanctions on a team of former President Donald Trump’s lawyers, castigating them for filing a “frivolous” lawsuit against Hillary Clinton and other Democrats earlier this year. In a scathing 19-page decision, U.S. District Judge Donald Middlebrooks said a group of lawyers for Mr. Trump, led by Alina Habba and Peter Ticktin, showed a “cavalier attitude towards facts” throughout the brief history of the case. The judge, who dismissed the case in September, ordered the Trump lawyers to pay a combined $50,000 monetary penalty to the court and to reimburse a public-relations executive, Charles Dolan, for approximately $16,200 he spent defending himself in the litigation.
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