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The Latest Breaking News from PayPal

Those PayPal And Venmo Fees Are About To Get Even Higher

Both fintech platforms are raising their instant transfer fees this spring.

The Street

PayPal Stock Is Approaching 52-Week Lows: What's Going On?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower Wednesday alongside several stocks in the broader technology sector amid weakness in tech giant Netflix Inc (NASDAQ: NFLX).

Benzinga

Here's Why Credit Slashed Its Price Target On PayPal

Credit Suisse slashed its price target for PayPal Holdings Inc (NASDAQ:PYPL) to $155 from $190 (55.5% upside) and reiterated Outperform. The re-rating followed model updates and increased levels of uncertainty stemming from multiple factors. Also Read: Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment The factors included CFO departure, inflationary pressures on…

Benzinga

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Tax day: Venmo and PayPal users face more paperwork under new US rules

Americans paid through digital payment service required to notify IRS of payments amounting to more than $600 a year, down from $20,000

The Guardian - US

PayPal’s Peter Thiel may be a ‘genius’, but I’m still not champing at the bitcoin

People are confusing wealth and intelligence if they read too much into the tech entrepreneur’s cheerleading for the cryptocurrency

The Guardian - UK

Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment

Barclays analyst sess a modest deceleration in Q1 card-present spending and mixed global online volume growth (both on a 2019 CAGR basis). Despite the slowdown, it believes that the card spending environment remains healthy, which should be a plus for networks/acquirers/processors.

Benzinga

Elon Musk, tech visionary in the spotlight

San Francisco (AFP) - Space conquest: check.Disrupt the auto industry: check.Take over Twitter?Why not.From eccentric entrepreneur to the world's richest man, Elon Musk likes to dream big -- and these days, he is everywhere you look.

AFP

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3 Top S&P 500 Stock Market Gainers Today: American Airlines Flies, AbbVie, PayPal Fall On Key Exits

American Airlines led a travel revival Wednesday, while AbbVie and PayPal were stock market losers on key executive exits.

Investors Business Daily

Walmart Makes a Big Move to Take on Amazon, Digital Rivals

The giant chain wants to dominate more than just the brick-and-mortar world.

The Street

Natalie McGarry embezzlement trial hears donations found in her account

The former Glasgow East MP denies the charges against her.

The Independent UK

BofA On PayPal CFO Departure, Company's New Strategy

Although there were execution issues at PayPal Holdings Inc (NASDAQ: PYPL), the departure of John Rainey as CFO was unexpected and shares declined by 2% in after-hours trading on Tuesday, according to BofA Securities.

Benzinga

Jim Cramer Highlights The Missing Piece In PayPal CFO's Departure

PayPal Holdings Inc (NASDAQ: PYPL) shares were trading lower Wednesday after the company announced the departure of CFO John Rainey.

Benzinga

PayPal Holdings Whale Trades For April 13

A whale with a lot of money to spend has taken a noticeably bearish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 11 strange trades.

Benzinga

PayPal Stock Falls As CFO Leaves To Join Walmart Amid Missed Targets

PayPal stock fell on the departure of Chief Financial Officer John Rainey, who is joining Walmart. PYPL stock had plunged 42% in 2022.

Investors Business Daily

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Benzinga

Here's Why PayPal Shares Are Falling

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower by 3.91% at $104.02 during Wednesday's pre-market session after the company announced the departure of CFO John Rainey.

Benzinga

Walmart Appoints PayPal CFO John Rainey As Finance Head

Walmart Inc (NYSE:WMT) has appointed John Rainey as its Executive Vice President and Chief Financial Officer (CFO), effective June 6, 2022. Rainey joins the company from PayPal Holdings Inc (NASDAQ:PYPL), where he currently serves as the CFO and EVP, Global Customer Operations. After almost seven years at PayPal, Rainey is leaving the company to join Walmart. He…

The Street

Stocks Higher, JPMorgan, Elon Musk, Cathie Wood And PayPal - Five Things You Must Know

Stock futures higher as markets look to earnings boost; JPMorgan earnings on tap as Dimon details Russia hit; Twitter shareholder sues Elon Musk over stake building disclosure; Cathie wood says Twitter revenue model 'maybe isn't right', trims holdings and PayPal shares slide as CF Rainey departs for Walmart.

AFP

Crypto-curious corporations struggle to find right recipe

Paris (AFP) - Four years ago, fried-chicken chain KFC tweeted from its Canadian account that it would accept bitcoin as payment for its "buckets".

Get all your
news in one place.

100’s of premium titles.
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The Guardian - UK

Paypal founder launches tirade against ‘gerontocracy’ over bitcoin

Peter Thiel, the libertarian tech investor, says figures such as Warren Buffett are hindering cryptocurrency

StockNews.com

2 Digital Payments Stocks Wall Street Predicts Will Rally More Than 58%

The increasing use of smartphones, growing e-commerce businesses, advancements in mobile payment technology, and developments in secure and safe payment gateways are driving the growth of the digital payment industry. Given the promising growth prospects of the industry, Wall Street analysts expect fundamentally solid digital payments stocks such as PayPal…

Benzinga

What Is PayPal 3.0 — And How Does It Affect Investors?

PayPal Holdings Inc (NASDAQ: PYPL) is undertaking several growth initiatives that could shape its future, according to BofA Securities. The PayPal Holdings Analyst: Jason Kupferberg maintained a Neutral rating on PayPal Holdings, with an unchanged price target of $118.

The Independent UK

Ex-MP Natalie McGarry offered to pay ‘outstanding’ cash, court hears

McGarry denies the charges against her at Glasgow Sheriff Court.

Benzinga

There Could Be More Pain Ahead For PayPal

Shares of PayPal Holdings Inc (NASDAQ: PYPL) Wednesday fell more than 4%. With this, the stock has shed more than 40% year to date.

StockNews.com

PayPal vs. Visa: Which Stock is a Better Buy?

The credit services industry has made an impressive comeback on increased credit discretionary spending and the rapid adoption of advanced technologies. In addition, Fed’s intention to cool red-hot inflation through aggressive interest rate hikes should bode well for the credit services sector. So, credit services giants PayPal (PYPL) and Visa…

The Independent UK

Jeane Freeman tells court ex-MP’s behaviour was potentially ‘criminal’

Natalie McGarry, 40, who represented Glasgow East, is accused of embezzling more than £25,000 from two Scottish independence campaign groups.

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