PayPal (PYPL) Falls After Weak Earnings & Etsy (ETSY) Falls After Strong Earnings

PayPal's (PYPL) earnings were released yesterday, postmarket. Its adjusted EPS came in at $1.16 versus an estimated $1.16 and revenue came in at $7.29B versus an estimated $7.26B. PYPL sees FY23 adjusted EPS at $4.95 and sees 3Q revenue of $7.4B on spot and FXN basis. PYPL FY23 share purchases are expected to reach $5B. Jenny Horne discusses this, along with Etsy Inc.'s (ETSY) earnings which were also released yesterday. Its adjusted EPS came in at $0.45 versus an estimated $0.41 and revenue came in at $628.88M versus an estimated $621.87M. Tune in to find out more about the stock market today.