Midday Need to Know: J&J Beats Estimates, PPI Drops &

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Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights The $60.50 per share offer represents a 28% premium, potentially boosting PayPal’s valuation above $53 billion and indicating strong external interest. The 0.3% month-over-month PPI decline suggests decelerating inflation, mainly driven by lower energy and food prices. Although J&J beat revenue and earnings expectations and raised guidance, the stock dropped about 1.8%, likely due to investor reaction or broader market factors

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