The S&P 500 was on track for double-digit earnings growth, with more than half of companies having reported Q4 results so far.

The industry was rocked by reports that PayPal, the grandfather of digital payments was in the crosshairs of its younger rival, Stripe.

The payments giant is dealing with a CEO change, weak profit guidance, and now a bombshell report about a possible Stripe takeover bid.

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PayPal Holdings reported challenged growth in FQ4, yet continued aggressive treasury stock buildup. Read the reasons why PYPL stock is rated hold.