Company
PayPal Holdings Inc
NASDAQ:PYPL
PayPal Holdings Inc is a technology platform that enables digital payments and simplifies commerce experiences on behalf of merchants and consumers worldwide. The company's payment solutions enable its customers to connect, transact, and send and receive payments, whether they are online or in person.
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S&P 500, Nasdaq close at new highs as oil pullback eases pressure
Crude oil futures have eased further, as US defence officials struck a cautious tone on the Strait of Hormuz
UK regulator cracks down on 'buy now, pay later' contracts
The use of BNPL products has jumped in recent years, the FCA said
PayPal issues mixed guidance, boss to wave goodbye
PayPal confirmed its chief executive will step down later this year, as it announced revenues were up and anticipated profits above Wall Street expectations
PayPal to cut 2,000 jobs as tech woes continue
PayPal will cut 2,000 jobs in an effort to "do more" to cut costs
PayPal plans US$15bn buyback to welcome activist Elliott
Activist investor Elliot Management invested US$2bn in the company following a 70% decline in PayPal's stock over the past year
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Fuller Treacy Comment of the Day - The Colorado River Compact, Wall Street Set for New ETF Gold Rush as Single-Stock Era Begins, and more...
Comment of the DayVideo commentary for July 18th 2022A link to today's video commentary is posted in the Subscriber's Area. Some of the topics discussed include: Euro rally ebbs, stocks reverse earlier advances, Treasury yields compress, co
PayPal allows users to transfer crypto between wallets
Users can now send supported coins – Bitcoin, Ethereum, Bitcoin Cash and Litecoin – to other PayPal users and external addresses
Paypal Holdings Inc: the big problem with the fintech company
What's your problem, PayPal? Well, actually, there's more than one.
One minute guide to the Cash App
Cathie Wood has taken a shine to the business co-founded by the former Twitter chief, Jack Dorsey
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Beware PayPal's New Fees for $100 Crypto Trades
Got some pocket change you want to throw at crypto? It won’t go as far on Venmo. Venmo and its parent PayPal Holdings Inc. alerted their users earlier this week that they’re changing their fees for crypto transactions under $200.
Inflation and geopolitics impact crypto as Apple Pay opens the door to crypto wallets and Gucci enters The Sandbox
The soon to launch “Tap to Pay” feature says it will contain integration for contactless payments from “Apple Pay, contactless credit and debit cards and other digital wallets.”
PayPal retains 'Buy' rating from Canaccord Genuity following fourth quarter results
Paypal has shown that it remains nimble despite its size in exploiting rapidly emerging opportunities: scaling an impressive Buy Now Pay Later (BNPL) offering and launch of equity trading, the analysts said
PayPal plummets as results fall short of expectations and outlook seems dull
The payments processor says its future revenue strategy will focus on sustainable growth rather than a temporary push to accumulate new users, which is reflected in significantly lower targets for user growth this year
Elon Musk’s brain implant company Neuralink prepares for human trials
The first brain-machine interface product is intended to help people with paralysis interact with their computers or smartphones “faster than someone using thumbs”
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China's Economic Slump Fuels Calls for More Stimulus
The weakening of retail sales surprised analysts who were expecting a boost from the annual online “Singles Day” shopping festival. Spending in the restaurant and catering sector fell year-on-year in November, while car sales dropped for a
Pinterest shares sink as PayPal denies takeover plans
Media reports last week said PayPal had approached Pinterest about a potential takeover, worth up to US$45bn
Pinterest flies on report of US$39bn PayPal approach
Pinterest has an active user base of over 454mln, which in its most recent quarter generated revenue growth of 125% to US$613mln
Paypal launches 'super app' with capability to buy cryptocurrencies
The app's combination of financial tools includes a digital wallet, direct deposit, bills and P2P payments, shopping/commerce tools and with a savings account to come
Tree planting start-up Terraformation launches crowdfunder to boost reforestation projects
The founding round will allow retail investors to buy into the project
US stocks end the day sharply higher on COVID vaccine approval
At the close, the DJIA jumped 216 points to 35,336, while the tech-heavy Nasdaq climbed 1.6% to 14,943
PayPal launches crypto service in the UK
This is the first international expansion of PayPal’s cryptocurrency offering outside of the US
DAOs: What are they and how do they influence the cryptocurrency and blockchain sector?
Decentralised Autonomous Organisations are an attempt to serve as the blockchain equivalent of venture funds, with stakeholder voting mechanisms serving as decision-makers in place of directors
Crypto mover: Loopring LRC token rises over 30% in Wednesday’s deals
The tradeable LRC token was up around 31% in Wednesday's dealing.
Cryptos to watch: greener alternatives to Bitcoin
Tesla said it is looking at other cryptocurrencies that use less energy than Bitcoin
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Dow climbs to a fresh record high, tech weakness sinks Nasdaq
Meanwhile, private sector figures showed 742,000 jobs were added last month, up from 565,000 in March
HMRC to demand crypto assets info from taxpayers
Tax authorities will now demand information on crypto assets from taxpayers it investigates for evasion and avoidance
PayPal to allow US consumers to pay using cryptocurrencies
About 375 million consumers and merchants use the PayPal platform worldwide
PayPal reports strongest ever quarter as pandemic sparks digital payment boom
The payments firm reported a 208% rise in EPS during the final quarter of 2020 as payment volumes jumped by almost 40%
Tales from the Crypto: Feed Bitcoin more money, not less, says Goldman exec
The investment baking giant's head of commodities has said the solution to the digital currency's price swings is to pump in more cash, not pull it out
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Cryptocurrency market cap tops $1 trillion with bitcoin above $37,000
The market capitalization of all cryptocurrencies topped over $1 trillion for the first time, according to data from Coindesk. That came as bitcoin BTCUSD, 9.15% topped $37,000, trading up nearly 4% to $37,152. Cryptocurrencies have surged,
Bitcoin surges to new highs in record-breaking start to 2021
The digital currency hit a record high of US$34,366 after a blockbuster 2020 which saw its value increase by over 300%
Bitcoin surges higher as dollar slides on new stimulus measures
Paypal has reportedly bought around 70% of new Bitcoins in circulation
Bitcoin hits all-time high as institutions warm to cryptocurrency
On Thursday, the world's largest crypto is valued at over US$23,000, having risen around 224% since early January
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Traders Rush Out of Treasuries on Optimism About U.S. Stimulus
After efforts to prop up the virus-ravaged U.S. economy stalled for months, a group of Democratic and Republican lawmakers revealed a $908 billion stimulus proposal Tuesday. Getting it approved is far from assured. If it does pan out, that
Bitcoin's value falls by over 10% after hitting all-time high
The cryptocurrency was trading at around US$17,000 on Thursday afternoon after hitting a record value of just under US$19,400 yesterday
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US stocks rebound following market’s worst week since March as presidential election looms
Market observers say Monday’s strength may reflect easing concerns over a delayed or contested election result
Bitcoin price at highest level in over two years following PayPal move to allow crypto usage
The payment firm's decision to rollout the use of several digital coins on its platform has sparked a renewed wave of optimism over the future of cryptocurrency
Bitcoin rises to year's high as Paypal, Mode Global add to positive news flow
Mode, the bitcoin banking app that floated in London earlier this month, said it has allocated up to 10% of its cash reserves to purchase bitcoin and adopt it as a treasury reserve asset
PayPal to allow payment in cryptos as digital currencies edge towards mainstream
Customers will be able to use their cryptocurrency holdings for payment at 26mln merchants around the globe.
Hardware & electrical equipment
Facebook unveils new Libra cryptocurrency
The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year
Bitcoin hits 12-month high as launch of Facebook cryptocurrency expected imminently
The social media giant is expected to launch its own cryptocurrency, known as Libra, on Tuesday
Buds & Duds: Cannabis stocks start the week with gusto, as Tilray shares soar
Also on the move were Harvest One, Cronos, Cresco and Green Growth Brands
Investments and investor services
Tilray's stock pops on deal to acquire Peter Thiel-founded parent company
Privateer Holdings will sell its 77% stake in the company over the next two years
Investments and investor services
PayPal beats on 3Q earnings and revenue; shares climb
Prime catalyst were partnerships with American Express among others as Oppenheimer reiterates Outperform rating and $95 price target
PayPal shares slip after its 3Q revenue forecast misses Wall Street's estimate
PayPal blazed along on the acquisition trail in the second quarter with the takeovers of iZettle, Hyperwallet, Simility and Jetlore
PRE-MARKET MOVERS: Smartphone giant BlackBerry leaps ahead of bell after quarterly results
CarMax Inc and PayPal Holdings Inc are also stocks trending ahead of the Wall Street start..
Hardware & electrical equipment
Wedbush analyst adds PayPal to 'best ideas' list, lifts price target to US$100
Moshe Katri's enthusiasm for the digital-payments company coincides with PayPal's recent acquisition spree
Hardware & electrical equipment
PayPal stumps up US$2.2bn for iZettle
The US company has reportedly considered buying iZettle for years and its hand might have been forced by the Swedish firm announcing plans to list its shares in Stockholm
PayPal Holdings reports strong first-quarter earnings helped by Venmo
The payment processing company surpassed Wall Street expectations
US benchmarks close mixed as market eyes jobs report
Wheeling into focus is now tomorrow's latest US Non-Farm Payroll release.
Facebook Inc, eBay Inc, Microsoft Corp and more - AFTER HOURS
Proactive takes a look at what was moving the needle after hours in New York
PayPal shares drop despite earnings boost as eBay signs deal with new payment processor
The online payments firm reported fourth-quarter net income of US$620mln, or 50 US cents a share, up from US$390mln, or 32 cents a share a year earlier, and above the consensus forecast for 48 US cents a share
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MoneyGram's takeover by China's Ant Financial blocked by US regulators
"The geopolitical environment has changed considerably since we first announced the proposed transaction with Ant Financial nearly a year ago," conceded Alex Holmes, the chief executive officer of MoneyGram.
Dow and S&P finish higher on the week for sixth time in a row after Senate approves budget blueprint
The Senate's approval of its version of the Fiscal Year 2018 Budget Resolution is a necessary step in the process towards debating and negotiating tax policy
NCR lowers guidance after disappointing ATM orders in the third quarter
Also featured: CAI International, Daqo New Energy, NCR Corporation, Supervalu, Skechers USA Inc, Celgene Corporation and Atlassian Corporation
Paypal Holdings boosted by growth in mobile as it raises full year outlook
The firm also raised its outlook for the full year, and now expects revenues in the range of between US$12.92bn and US$12.98bn
US benchmarks mixed; big tech stocks weigh on Nasdaq Composite
The FANG stocks were out of favour and dragged the tech-heavy Nasdaq Composite into the red
Verizon Communications, Gilead Sciences, Alcoa Corp, PayPal Holdings - PRE-MARKET
We take a look at what's moving the needle in New York, ahead of the bell
PayPal will need strong Q3 numbers if it wants recent share price surge to continue
The online payments giant will reports its third quarter earnings late on Wednesday
Switch IPO raises about US$531.3mln making it the third-biggest US technology listing this year
The data center group’s share offering was priced above the proposed US$14 to US$16 per share range, giving it an initial market value of as much as US$4.2bn
Facebook, Gilead Sciences and Discover Financial Services and more
We are looking at all the movers and shakers after the bell
US stocks pare losses to end the session and the week flat
US stocks pared initial losses to close Friday – and the week - flat after a roller-coaster ride in an earnings season
US stocks drown with telecom and energy stocks despite Time Warner talks
US stocks bobbled up for air but spent most of the session below the water line, and closed lower on Thursday as telecom and energy stocks led declines after mixed Verizon earnings and depressed oil prices
PayPal stock downgraded as growth factors are passe
PayPal, the online payment firm, had its stock downgraded to "hold" from "buy" by Canaccord Genuity analysts on Monday.
PayPal launches P2P payments for small merchants in India
PayPal.Me targets freelancers and small merchants who have international clients
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Brokers: Split views on PayPal
Brokers couldn’t agree on the outlook for the online payments platform, which posted a solid trading update on Thursday
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Brokers: Qualcomm, eBay favoured by brokers
Qualcomm and eBay both received upgrades on Thursday, while brokers were particularly fond of technology stocks