In a brief statement, U.K. Prime Minister Liz Truss announced her resignation. Truss said she cannot deliver on the mandate she won in the Conservative election, and said a new leadership election will be held in a week. Betting markets suggest that Rishi Sunak, the former chancellor, may succeed her. The pound was stronger on the day, at $1.1272, and U.K. bonds also rose.
PayPal shares decline 9% – a buying opportunity for investors targeting undervalued stocks
PayPal’s Q2 2025 financial results indicate a potential 25% upside from the stock’s current levels towards its fair value. In Q2 2025, PayPal Holdings, Inc.