The stock market hasn’t hit its lows just yet, but there are stocks worth buying before the trough, says Morgan Stanley There is a debate on Wall Street as to whether the stock market is set to rally ...
Tag: Paypal Holdings
Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.
Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...
PayPal Reports Earnings Today. What to Expect.
PayPal may be in the midst of a turnaround but Wall Street still expects the payments company to post a sharp drop in earnings when it reports third-quarter financial results after the bell Thursday. ...
The Stock Market Had a Great Week, but It Hasn’t Gone Anywhere in a Month. Inside a Very Volatile Market.
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PayPal’s New CFO Takes Leave of Absence
Text size PayPal is in the midst of a turnaround after the company was forced to retreat from some of its more ambitious growth goals earlier this year. Justin Sullivan/Getty Images PayPal ’s new chie...
The Nasdaq Just Entered a New Bull Market. Will It Last?
Text size The Nasdaq Composite is in a bull market, but still about 20% below its peak. Dreamstime After lagging behind the other major indexes for much of the first half of the year, the tech-heavy N...
PayPal Is Being Targeted by Activist Elliott. Here’s Why.
Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PY...
Cryptocurrency Is Coming to Your Credit Cards
Cryptocurrencies are a volatile investment today, but card companies including Visa Inc. and Mastercard Inc. are betting crypto will one day be used routinely for everyday purchases from food to cloth...
How to Bottom-Pick a Stock
Text size Chewy stock has gained 63% since we made it a pick. That’s every trader’s dream, but it requires getting the timing right—and a whole lot of luck. Michael Nagle/Bloomberg Buying winning stoc...
PayPal Stock Has Been Cut in Half. Why Analysts See Upside.
Text size PayPal stock could pass $150 a share by 2026, Mizuho says. Nuttapong Punna/Dreamstime.com There’s plenty of upside for PayPal ’s stock, analysts say. The payments app just needs to get its s...
Shopify and 5 More Stocks That Aren’t as Cheap as They Look
Text size As stocks tumble, investors should know how GAAP earnings can reveal flaws in seemingly attractive companies, such as Lyft. David Paul Morris/Bloomberg Stocks are tumbling and bargains aboun...
PayPal Trims 2022 Outlook But Beats Revenue Forecast
PayPal lowered its forecast for adjusted profit for 2022 to a range of $3.81 to $3.93 a share. Justin Sullivan/Getty Images Text size PayPal Holdings said its first quarter was a “solid start” but cut...
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
Apple Has Been a Problem for PayPal. This Analyst Says That’s Changing.
PayPal Holdings suffered big losses in 2022. The stock still faces several challenges, but one seems to be resolving, according to a Mizuho analyst. Shares of the payment company (ticker: PYPL) fell ...