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PayPal Holdings Q1 Earnings Highlights: Revenue And EPS Beat, Guidance Raise And More
Monday, May 8, 2023 - 4:36pm | 376Finance and payments company PayPal Holdings (NASDAQ: PYPL) reported first quarter financial results after market close Monday. Here are the key highlights. What Happened: PayPal reported first-quarter revenue of $7.04 billion, which was up 9% year-over-year. The revenue beat a Street consensus...
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PayPal Stock Pops On Q4 Earnings, Then Drops After Hours: What You Need To Know
Thursday, February 9, 2023 - 5:34pm | 435PayPal Holdings Inc (NASDAQ: PYPL) reported fourth-quarter results after the bell. Here's a rundown of the report and a look at what initially drove shares higher after hours, but are now dropping. What Happened: PayPal said fourth-quarter revenue increased 7% year-over-year to $...
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What's Going On With PayPal Stock?
Monday, December 12, 2022 - 12:25pm | 284PayPal Holdings Inc (NASDAQ: PYPL) shares are volatile in Monday's trading session. A pair of analysts adjusted price targets on the stock Monday morning. A Congress member also recently sold PayPal shares. What Happened: Mizuho analyst Dan Dolev maintained PayPal...
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Latest On Russia-Ukraine War: Paypal Suspends Service In Russia; Ceasefire Violated
Saturday, March 5, 2022 - 10:33am | 424PayPal Holdings Inc. (NASDAQ: PYPL) on Saturday announced that it is halting its operations in Russia, joining a growing number of companies responding to the Ukrainian invasion. Latest Developments: PayPal is the latest payment organization to cut ties with Russia. "Under the current...
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Jim Cramer Says PayPal Has Lost All Credibility Following Q4 Results: 'It's A Disgrace'
Wednesday, February 2, 2022 - 11:51am | 355PayPal Holdings Inc (NASDAQ: PYPL) is plummeting Wednesday after the company reported mixed financial results and issued weak guidance, but Jim Cramer thinks there is a larger underlying issue chasing buyers away from the stock. "The reason why it's sinking the way that it is,...
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Why PayPal Shares Are Plunging Today
Wednesday, February 2, 2022 - 10:19am | 318PayPal Holdings Inc (NASDAQ: PYPL) is trading significantly lower Wednesday morning after the company announced worse-than-expected fourth-quarter earnings results. PayPal reported quarterly earnings of $1.11 per share, which came in below the $1.12 estimate. The company reported quarterly...
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Why PayPal Shares Are Falling
Tuesday, February 1, 2022 - 5:43pm | 211Paypal Holdings Inc (NASDAQ: PYPL) shares are trading lower by 11% at $156.00 in Tuesday's after-hours session after the company reported worse-than-expected fourth-quarter EPS results. PayPal reported quarterly earnings of $1.11 per share, which missed the analyst consensus...
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Why PayPal Shares Are Falling Today
Tuesday, November 9, 2021 - 10:10am | 322PayPal Holdings Inc (NASDAQ: PYPL) is trading lower Tuesday after the company announced worse-than-expected third-quarter revenue results and issued guidance below estimates. PayPal reported quarterly earnings of $1.11 per share, which beat the estimate of $1.07 per share. The company...
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PayPal Expands Crypto Team In Ireland
Monday, August 2, 2021 - 4:28pm | 405What Happened: Online payments giant PayPal Holdings Inc (NASDAQ: PYPL) is hiring a team of executives in Ireland to further its efforts in the crypto space. According to a report from the Irish Independent, PayPal is now recruiting people to fill crypto-related positions for its offices in...
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Why Is PayPal's Stock Trading Lower Today?
Thursday, July 29, 2021 - 10:02am | 167PayPal Holdings Inc (NASDAQ: PYPL) is trading lower Thursday morning after the company announced second-quarter financial results and issued guidance below estimates. PayPal reported quarterly earnings of $1.15 per share, which beat the estimate of $1.13 per share. The company reported...
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Not Just Bitcoin, Paypal's Vision Involves Central Bank Digital Currencies Too: What You Need To Know
Thursday, February 11, 2021 - 10:58pm | 520PayPal Holdings Inc (NASDAQ: PYPL) wants to shape the future financial system and central bank digital currencies are a part of its vision, as per CEO Dan Schulman. What Happened: Schulman — speaking at the payments company’s investor day on Thursday — said that “People...
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Crypto Exchanges Report Record High Number Of New Users
Wednesday, February 10, 2021 - 8:13pm | 307Crypto exchanges were down earlier this week following increased traffic, particularly from new retail investors. What Happened: Earlier today, Changpeng Zhao, CEO of the world’s largest cryptocurrency exchange Binance, tweeted that the exchange saw an all-time high in volumes and...
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Paypal CEO Says It's Making It Easier To Bolster The Utility Of Cryptocurrency
Monday, November 23, 2020 - 10:16am | 294Paypal Holdings (NASDAQ: PYPL) CEO Dan Schulman joined “Squawk Box” host Andrew Sorkin Monday morning to discuss his company’s exposure to Bitcoin. What To Know: Schulman said all industries are digitizing with an increase during the pandemic. The use of cash has declined during...
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PayPal To Partner With Broker For Cryptocurrency Offerings On Its Platform: Report
Monday, July 20, 2020 - 5:23am | 377Paypal Holdings Inc (NASDAQ: PYPL) is reportedly partnering with New York-based cryptocurrency broker Paxos to let users on its platform purchase or sell virtual assets, according to CoinDesk. What Happened Paxos offers an API that makes it easier to sell, purchase, hold, and send...
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PayPal, Intuit, Square Get Approval To Give Loans To Small Businesses As Part Of $2T Federal Coronavirus Relief Package
Tuesday, April 14, 2020 - 7:25am | 482Several financial technology companies have won the federal approval to grant loans to small businesses eligible under the government's $2T novel coronavirus (COVID-19) relief package. What Happened PayPal Holdings Inc. (NASDAQ: PYPL), Square Inc. (NYSE: SQ), and Intuit Inc. (NASDAQ: INTU) all...