Intuit Inc

• Hedge funds made $24 billion shorting software stocks so far in 2026 — And they are increasing the bet - Hedge funds are increasing their short bets against software stocks, contributing to the brutal sell-off in the space so far this year, according to sources at two major funds on Wall Street.
• PayPal applies to form bank that can offer small business loans and savings accounts - PayPal has applications pending with the state of Utah and the Federal Deposit Insurance Corporation to establish PayPal Bank.