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PayPal Gains Momentum: CEO's Optimism, Technical Indicators Signal Bullish Trend
Friday, June 7, 2024 - 3:17pm | 599PayPal Holdings Inc. (NASDAQ:PYPL) is making headlines, after jumping 5.49% on Thursday. This rise comes as CEO Alex Chriss shared an optimistic outlook at the Bank of America’s Global Technology Conference on Wednesday. The stock to gain 5.6% over the past year and 10% year-to-date. 2024...
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PayPal Stock Advances As Company Unveils New High-Margin Strategies, Offline Expansion Plans
Wednesday, March 13, 2024 - 11:37am | 530Despite an earnings beat on EPS and revenue, PayPal Holdings Inc (NASDAQ:PYPL) stock fell after the company reported its fourth-quarter earnings on Feb. 7, but shares were climbing back to those previous levels on Wednesday. The stock was up 5% during midday trading, as the company announced a key...
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Altimeter Buys PayPal Stake, Just As Josh Brown Dumps His
Wednesday, February 7, 2024 - 7:01pm | 518Altimeter Capital CEO Brad Gerstner confirmed Wednesday that his firm has taken a “small” position in PayPal Holdings, Inc. (NASDAQ:PYPL) on Wednesday. The announcement came right on the heels of PayPal’s fourth-quarter financial earnings report. “And, yes we own a small...
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Tech Layoffs Up Over 300% Month-Over-Month In January: 3 Companies With The Most Employees Laid Off So Far In 2024
Wednesday, January 31, 2024 - 3:40pm | 833After a noticeable declining trend in tech layoffs during the second half of 2023, the trend appears to be reversing. The number of employees laid off in the tech sector increased by 304% in January 2024 as compared to December 2023. Restructuring, cost-cutting, leaner organization, efficiency —...
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This PayPal Analyst Expects 2024 To Be A 'Transition Year,' Foresees Stock Range-Bound Due To Valuation Concerns
Wednesday, January 17, 2024 - 9:17am | 381Shares of PayPal Holdings Inc (NASDAQ:PYPL) traded lower on Tuesday, as the company’s stock was downgraded from Buy to Neutral by Mizuho. Mizuho analyst Dan Dolev also decreased his price target on PayPal stock from $72 to $65. Meanwhile, BofA Global Research notes that investors are awaiting...
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PayPal Q3 Earnings Highlights: Revenue Beat, EPS Beat And More
Wednesday, November 1, 2023 - 4:43pm | 430Financial technology company PayPal Holdings (NASDAQ:PYPL) reported third-quarter results after the market close Wednesday. Here are the key highlights. What Happened: PayPal reported third-quarter revenue of $7.4 billion, which was up 8% year-over-year. The revenue beat a Street consensus estimate...