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PayPal Raises Full-Year Guidance After Gains From Active Accounts and Venmo (WSJ. 20250729)PayPal has raised its full-year guidance after a strong second quarter. This comes after total payment volumes jumped 6% in the second quarter to more than $443 billion. Active accounts increased 2% to 438 million. PayPal is focusing on profitable growth through its branded checkout options, unbranded processing business, and branded offline checkouts from its PayPal and Venmo credit and debit cards. Venmo's revenue alone was up 20%. Plus we have a pair of exclusive stories. Palo Alto Networks is in talks to acquire CyberArk Security Software, an Israeli cybersecurity provider. This would mark one of the biggest technology takeovers so far this year according to people familiar with the matter. The deal could be finalized later this week and could value CyberArk well above its $20 billion market value. Today, Palo Alto Networks has a market value of almost $140 billion, with its share price up roughly 14% year to date. Finally, JP Morgan Chase is nearing a deal to take over Apple's credit card program. This would potentially replace Goldman Sachs as Apple's card partner according to people familiar with the matter. We previously reported that JPMorgan and Apple have been negotiating since early last year. Still, the deal hasn't been signed and there are chances that talks could unravel because of a number of challenges associated with the Apple program. PayPal이 견고한 2분기 실적을 내며 연간 전망을 상향 조정함. 2분기 결제량은 6% 증가한 4,430억 달러, 활성 계정 수는 2% 증가한 4억3천8백만 개임. PayPal은 브랜드 결제 옵션, 비브랜드 처리 비즈니스, PayPal 및 Venmo 신용 및 직불 카드의 브랜드 오프라인 결제를 통해 성장하며 수익을 내고 있음. 한편, Palo Alto Networks가 이스라엘 사이버보안 공급업체 CyberArk Security Software를 인수하기 위한 협상 중임. 기술 기업 인수 중 사상 최대 규모일 것으로 전망됨. 이번 주에 협상이 마무리될 예정임. 기업 가치는 CyberArk가 200억 달러임. Palo Alto Networks 가치는 1,400억 달러이며 주가는 현재까지 14% 상승했음. 한편 JP Morgan Chase가 Apple의 신용카드 프로그램을 인수하기 위해 협상 중임. 체결된다면 현재 파트너사인 Goldman Sachs를 대체하게 됨. JPMorgan와 Apple은 작년 초부터 협상을 시작했음. 아직 계약이 체결되지 않았으며 Apple 프로그램에 여러 도전과제가 있어 결렬될 수도 있음