PayPal stock slides on mixed Q3 earnings, misses on revenue

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PayPal (PYPL) reports better-than-expected earnings for its third quarter, but revenue fell short of Wall Street's estimates sending shares lower Tuesday morning. The online payment system's stock is up by nearly 30% year-to-date.

Seana Smith and Josh Schafer break down PayPal's earnings and guidance figures. Catalysts also noted the current interest rate environment to be a big factor in SoFi Technologies' (SOFI) own guidance and earnings performance.

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This post was written by Naomi Buchanan.