
On Wednesday, PayPal Holdings Inc. (NASDAQ:PYPL) shares climbed after CEO Alex Chriss and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai announced a multi-year partnership to integrate PayPal's payment solutions with Google's AI-powered shopping and cloud platforms.
PayPal shares rose 2.65% during the regular trading session and gained another 1.97% in after-hours trading, according to Benzinga Pro. On Wednesday, Alphabet's Class A shares closed down 0.65% at $249.52, while Class C shares slipped 0.62% to $249.85.