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%
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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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