Latest news with #SanJose
Yahoo
6 hours ago
- Business
- Yahoo
What Are Wall Street Analysts' Target Price for PayPal Holdings Stock?
San Jose, California-based PayPal Holdings, Inc. (PYPL) is a financial technology company that enables digital payments on behalf of merchants and consumers. With a market cap of $76.1 billion, PayPal's operations span various countries around the globe. The fintech giant has notably underperformed the broader market in 2025, but outperformed over the past year. PYPL stock has dropped 16.3% on a YTD basis and soared 21.2% over the past 52 weeks, compared to the S&P 500 Index's ($SPX) 8.3% gains in 2025 and 16.6% surge over the past year. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Zooming in further, PayPal has lagged behind the Financial Select Sector SPDR Fund's (XLF) 9.3% gains in 2025 and 21.8% returns over the past 52 weeks. PayPal's stock prices plunged 8.7% in yesterday's trading session after the release of its Q2 results. The company's revenues for the quarter increased 5% year-over-year to $8.3 billion, beating the consensus estimates by a large margin. Further, its non-GAAP EPS increased 18% year-over-year to $1.40, exceeding the Street's expectations by 7.7%. However, this profitability improvement was based on margin expansion. The number of payment transactions done through PayPal's platform dropped 5.4% year-over-year to 6.2 billion, which unsettled investor confidence. For the full fiscal 2025, ending in December, analysts expect PayPal to deliver an adjusted EPS of $5.10, up 9.7% year-over-year. Moreover, the company has a solid earnings surprise history. It has surpassed the Street's bottom-line estimates in each of the past four quarters. PYPL stock maintains a consensus 'Moderate Buy' rating overall. Of the 44 analysts covering the stock, opinions include 15 'Strong Buys,' two 'Moderate Buys,' 24 'Holds,' and three 'Strong Sells.' This configuration is slightly more bullish than a month ago, when four analysts gave 'Strong Sell' recommendations. On Jul. 17, Deutsche analyst Bryan Keane reiterated a 'Hold' rating on PYPL and set a price target of $75. Its mean price target of $80.54 suggests a 12.7% upside from current price levels, while the Street high target of $125 represents a massive 74.9% premium. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
a day ago
- Business
- Associated Press
Ransomware Surges as Attempts Spike 146% Amid Aggressive Extortion Tactics
Key Findings: SAN JOSE, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today published its annual Zscaler ThreatLabz 2025 Ransomware Report. The report examines the latest trends shaping the ransomware threat landscape, revealing how attacks are adapting and escalating. It highlights the most targeted sectors and regions, profiles the most active ransomware families, analyzes shifting attack methodologies, and provides actionable recommendations to help organizations strengthen their defenses. ThreatLabz's findings underscore the critical importance of organizations adopting a comprehensive Zero Trust Everywhere strategy. This approach is essential to prevent ransomware and other malicious threats from lateral movement and compromising sensitive user data, applications, and information. 'Ransomware tactics continue to evolve, with the growing shift toward extortion over encryption as a clear example,' said Deepen Desai, EVP Cybersecurity, Zscaler. 'GenAI is also increasingly becoming part of the ransomware threat actor's playbook, enabling more targeted and efficient attacks. As threats advance, security measures must keep pace. The Zscaler Zero Trust Exchange™ platform empowers organizations to shrink their attack surface, identify and block initial compromise threats, prevent lateral movement, and stop data exfiltration to shut down extortion events before they happen.' Data Demand Fuels Steady Attack Growth Ransomware attacks are intensifying at an alarming rate, with attempted attacks blocked in the Zscaler cloud up 146% year-over-year. This escalation reflects a strategic shift: ransomware groups are increasingly prioritizing extortion over encryption. Accordingly, the report details a 92% increase in the total volume of exfiltrated data by 10 major ransomware groups in the past year, rising from 123 TB to 238 TB. This emphasis on data theft—and the threat of exposure—allows attackers to exert greater pressure on victims, amplifying the impact of ransomware on organizations globally. Industries Under Siege Cybercriminals continue to focus on the high-stakes environments of the Manufacturing (1,063 attacks), Technology (922), and Healthcare (672) sectors, making them the most frequently hit by ransomware over the past year. These industries are particularly vulnerable due to the potential for operational disruption, the sensitivity of stolen data, and the associated risks of reputational damage and regulatory fallout. The Oil & Gas sector has seen a staggering increase in ransomware attacks, spiking over 900% year-over-year. This surge is likely a result of increased automation of systems that control critical infrastructure, including drilling rigs and pipelines, expanding the sector's attack surface, coupled with outdated security practices. United States Is the Target of Half of All Ransomware Attacks Leak site data highlights a distinct geographic disparity, with victims in the United States accounting for 50% of ransomware attacks, significantly outpacing Canada (5%) and the United Kingdom (4%). Ransomware attacks in the U.S. more than doubled to 3,671, exceeding the combined total number of attacks reported across all other countries in the top 15 most-targeted countries. This concentration demonstrates how threat actors continue to strategically target digitally concentrated, high-value economies. Ransomware Groups Driving the Surge Several highly active groups continued to dominate the ransomware ecosystem, with RansomHub leading the pack, claiming the highest number of publicly named victims at 833. Akira and Clop have both moved up in the ransomware attack rankings since last year. Akira, associated with 520 victims, has steadily expanded its reach through numerous affiliates and initial access brokers. Clop, known for its focus on supply chain attacks, is close behind with 488 victims, employing an effective strategy of exploiting vulnerabilities in commonly used third-party software. Zscaler ThreatLabz identified 34 newly active ransomware families over the past year, bringing the total number tracked to 425 since their research began, and has a public GitHub repository that now hosts 1,018 ransomware notes, with 73 added in the last year. How Zscaler Stops Ransomware with Zero Trust + AI Ransomware flourishes in environments with fragmented security, limited visibility, implicit trust, and outdated legacy architectures that amplify risk rather than reduce it. The Zscaler Zero Trust Exchange mitigates these risks by replacing traditional, network-centric models with a cloud-native, AI-driven zero trust architecture, and stops ransomware at every stage of the attack life cycle by: Additional AI-powered ransomware protections from Zscaler include: Download the Report Get the full ThreatLabz 2025 Ransomware Report to explore how Zscaler ThreatLabz plays an active role in protecting enterprises worldwide. Download today. Research Methodology The research methodology for this report is a comprehensive process that uses multiple data sources to identify and track ransomware trends. The ThreatLabz team collected data between April 2024 and April 2025 from sources including the Zscaler global security cloud, and the team's own analysis of ransomware samples and attack data. About ThreatLabz ThreatLabz is the security research arm of Zscaler. This world-class team is responsible for hunting new threats and ensuring that the thousands of organizations using the global Zscaler platform are always protected. In addition to malware research and behavioral analysis, team members are involved in the research and development of new prototype modules for advanced threat protection on the Zscaler platform, and regularly conduct internal security audits to ensure that Zscaler products and infrastructure meet security compliance standards. ThreatLabz regularly publishes in-depth analyses of new and emerging threats on its portal, About Zscaler Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 160 data centers globally, the SASE-based Zero Trust Exchange is the world's largest in-line cloud security platform. Media Contact: Nick Gonzalez [email protected] A photo accompanying this announcement is available at
CBS News
a day ago
- CBS News
San Jose's Antipastos Deli has front doors smashed in early morning burglary
Popular San Jose business Antipastos Deli was broken into early Monday morning, police said. Around 4:45 a.m., officers went to the 3400 block of McKee Road for an alarm. When they arrived, they found that someone had backed into the deli's front doors with a vehicle. According to police, the person, or possibly more than one person, walked through Antipastos and took several bottles of wine. They then left the scene before police arrived. Police said the person responsible and the vehicle remain unidentified. Antipastos Deli posted about the burglary on their Facebook page. "Our perpetrators decided to visit us this time by backing their late model truck through our front doors," the deli said. "Be aware of your neighborhood!" Antipastos opened and has been a family business since 1987, according to their website.
Yahoo
2 days ago
- Business
- Yahoo
Dave Ramsey Caller Says, 'I Have $12 Million. She Has $50,000.' He Wants A Prenup, But She's Pushing Back
Derek from San Jose, California, recently called into 'The Ramsey Show,' hosted by Jade Warshaw and Rachel Cruze, to talk through a difficult financial and emotional decision. He's 36 years old, newly engaged, and planning to blend a family of five kids ranging in age from 10 to 12. But there's one major issue: he has $12 million in assets, while his fiancée has $50,000. He wants a prenuptial agreement, but she's struggling with the idea. 'It's Been Emotional' 'We started the process of looking into a prenup, and it's been an emotional one,' the caller admitted. 'I totally understand why.' Don't Miss: Be part of the breakthrough that could replace plastic as we know it— $100k+ in investable assets? – no cost, no obligation. He said they completed a questionnaire together to begin the process, and things seemed OK at first. But when his lawyer sent over the first draft, everything changed. 'She's really not been feeling good about it,' he said. 'She feels like I wouldn't be fully entering the marriage in the same way that she is because it feels like I'm holding assets off to the side.' His concern is practical. He wants to protect what he built, but not at the expense of the relationship. He said his goal is to protect their marriage, adding that he understands it can feel 'condescending' to her and her family, as if they are the problem the prenup is trying to defend against. Cruze and Warshaw were sympathetic but didn't shy away from hard truths. 'You're hoping and praying this is the one and it's gonna last a lifetime,' Cruze said. 'But we also don't live under a rock. Unfortunately, some really hard things happen and does cause marriages to break up.' Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." The Terms So Far The caller explained that under the current draft of the prenup, everything they bring into the marriage would remain separate. However, once married, all income would be shared. He added that his fiancée plans to stop working to care for the kids. He's also planning to pay off her small remaining debts and buy a home titled in both their names, treating it as community property. Still, one key part of the prenup gives her pause: the $12 million and its growth would remain his. Warshaw asked whether they had considered a phased approach, where some restrictions would fall away after years together. The caller said that wasn't part of the agreement but liked the idea. 'I would be wondering about that if I were entering the marriage,' Warshaw said. 'How can I be a player in how that grows from here on out?' Cruze added that the framing might be the issue. 'It can feel like the $12 million is off in this corner and we're never going to participate in it,' she said. 'But the only time it's not hers is if you guys legally go through a divorce.'A Sensitive Balance The caller emphasized his desire to provide for both her and her children, including if something were to happen to him. 'I absolutely would want her and her kids to be taken care of,' he said. Cruze and Warshaw agreed he was approaching the situation with humility and grace. 'Your tone feels very humble and gracious, which I think she probably very much appreciates,' Cruze said. They encouraged him to seek help from a marriage counselor to work through the emotional side together. Read Next: The average American couple has saved this much money for retirement —?Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Dave Ramsey Caller Says, 'I Have $12 Million. She Has $50,000.' He Wants A Prenup, But She's Pushing Back originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
CBS News
2 days ago
- CBS News
Solo-vehicle crash in San Jose leaves 1 dead
A solo-vehicle crash in San Jose left one person dead on Monday, police said. The crash happened near Berryessa Road and Morrill Avenue. Police said the driver was taken to the hospital but died from their injuries.
