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PayPal ousts CEO Alex Chriss, cuts outlook; shares tumble 19%

PayPal replaced CEO Alex Chriss and guided 2026 earnings to flat-to-down, well below expectations, citing softer U.S. retail spending, international headwinds, and stalling branded checkout growth. HP’s Enrique Lores will take over on March 1 as the board pushes for faster execution and a reset of strategy and targets. The company also moved to one-year rolling guidance, signaling reduced visibility into its multi-year recovery plan.

Source: FinanceFeeds


U.S. security review reportedly stalls Nvidia AI chip sales to China

Nvidia’s AI chip shipments to China have been delayed by a U.S. national security review, the Financial Times reported, underscoring an escalating policy headwind for the world’s most valuable chipmaker. The pause threatens near‑term sales into a key market as Washington tightens controls over advanced semiconductor exports tied to AI and data center deployments.

Source: Seeking Alpha


MetaMask adds tokenized U.S. stocks and ETFs for non‑U.S. users

MetaMask integrated Ondo Global Markets to bring 200+ tokenized U.S. stocks, ETFs, and commodities on-chain for eligible users outside the U.S., enabling 24/5, self‑custodied access via USDC swaps. The move blurs lines between TradFi and DeFi, with real‑world assets issued through a bankruptcy‑remote structure and daily attestations—though access is geofenced in restricted jurisdictions.

Source: FinanceFeeds


Kraken parent Payward posts $2.2B revenue; IPO momentum builds

Kraken’s parent reported 33% revenue growth to $2.2B in 2025 on $2T in transaction volume, with non‑trading lines (custody, yield, payments, financing) now 53% of revenue. The results, alongside recent capital raises and acquisitions, bolster a potential U.S. listing as the company positions itself as a multi‑asset, infrastructure‑first platform.

Source: FinanceFeeds


TNS closes acquisition of BT’s Radianz to expand global market connectivity

Transaction Network Services completed its purchase of BT’s Radianz business, combining Radianz’s secure, global financial network with TNS’s low‑latency trading and hosting stack. The deal strengthens access, resilience, and venue reach for institutions, as market operators and banks seek diversified, mission‑critical connectivity amid rising operational‑risk scrutiny.

Source: FinanceFeeds


Volatility draws traders to precious metals; UK silver notional hits £14bn

IG reported a 166% weekly jump in silver trades and £14bn in UK notional volume as gold and silver price swings pulled activity away from calmer equity and FX markets. Gold trades rose 75% week‑over‑week, with participation broadening, as metals became the go‑to instruments for momentum‑seeking traders.

Source: FinanceFeeds


Coinbase launches regulated prediction markets with CoinbasePredict

Coinbase debuted CoinbasePredict, integrating CFTC‑regulated event contracts (via Kalshi at launch) into its “everything app” to let verified users trade outcomes across rates, politics, sports, and media. With USD/USDC settlement, market surveillance, and live news integration, the initiative seeks to mainstream event‑based trading for both retail and institutional hedgers.

Source: FinanceFeeds


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Business — February 4, 2026 | Briefing24