PayPal surged nearly 13% after the close after reporting a $2 billion stake by Elliott Investment Management and transaction revenue of $6.27 billion, up 8% from the year earlier. “As one of Pay...
Tag: PayPal
PayPal reports below-expected quarterly earnings
PayPal’s separation from eBay contributed to the payment service’s disappointing quarterly earnings and guidance this quarter. PayPal’s quarterly disappoints analysts PayPal’s quarterly report is belo...
PayPal shares up 15% as a string of good news cloaks Q2 loss
Shares of PayPal Holdings Inc (NASDAQ: PYPL) are up nearly 15% in extended trading on Tuesday even though the fintech company swung to a loss in its fiscal second quarter. Why are PayPal shares up aft...
PayPal, Airbnb, Match Group, Caesars and more
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the da...
PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players
Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is nami...
PayPal Stock Pops; Will Activist Investor Push Pinterest Deal?
Hedge fund Elliott Management has reportedly taken a stake in e-commerce firm PayPal Holdings (PYPL). PYPL stock popped Wednesday on the news as one analyst speculated a merger with Pinterest (PINS) c...
PayPal stock down 55% just attracted an activist investor
PayPal Holdings Inc (NASDAQ: PYPL) stock ended nearly 13% up on Wednesday after the Wall Street Journal said Elliott Management has a stake in the payments company. Why is the activist targeting PayPa...
PayPal climbs as Elliot Management reportedly holds a stake in the firm
The payments giant PayPal (NASDAQ: PYPL) has nabbed an investment activist, and not just any, but allegedly Elliot Management. The news is that the investment activist firm is building a stake in PYPL...
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...
Crypto CEO Who Faked PayPal Partnership Pleads Guilty For $21M Fraud
Michael Alan Stollery faked Titanium’s business relationships with the Federal Reserve, PayPal and others, authorities say He used funds raised from the project’s ICO for credit card payments and bill...
Bungie seeks PayPal’s help to win lawsuit against AimJunkies
Bungie has decided to sue PayPal to obtain relevant documentation that could win it a lawsuit against AimJunkies involving copyright infringement. Bungie seeks hope in PayPal: parties involved in the ...
PayPal Stock Keeps Falling; Try A Bear Spread
PayPal (PYPL) is currently in a nasty downtrend, falling below a declining 50-day moving average. The stock also put in a bearish candle yesterday, closing near the low of the day. So, let’s loo...
PayPal Customers Can Now Move Their Crypto to Other Exchanges
In October of 2020, PayPal made headlines and struck a lot of chords with confident crypto traders by announcing that the platform was going to be selling and providing custody for digital assets. Peo...
What’s the difference Between Crypto and PayPal?
Speaking of crypto and PayPal, both of them stand as a reliable and legal digital way to exchange digital assets. Whenever you want to buy a property or pay for any kind of service, to send money to a...
Investing in Bitcoin instead of PayPal a year ago could have saved your portfolio 160%
PayPal (NASDAQ: PYPL) announced on June 7 that its customers would now be able to move cryptocurrencies from their accounts to other wallets and exchanges in response to consumer demand for this funct...
PayPal Receives Full BitLicence Following Conversion Of Conditional One
PayPal becomes the latest entity to get the notable virtual currency license by New York. The Payments firms announced that it would let customers withdraw their crypto holdings to their own wal...
Microstrategy Acquires BTC, Fundraising Rounds Continue, Paypal New Feature for Crypto – crypto.news
On June 6th, reports emerged that Microstrategy purchased BTC after taking a $2.4 billion debt. Microstrategy Buys BTC with Debt Funding Reports now indicate that Microstrategy currently owns 129k BT...
Tech Giant PayPal Beefs Up Support for Bitcoin (BTC), Ethereum (ETH) and Two More Crypto Assets
PayPal now allows select users to transfer Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) directly between the platform and external crypto addresses. In a new statement, Jose Fe...
Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges – Featured Bitcoin News
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancem...
Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges – Coinotizia
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancem...
PayPal Adds Crypto Transfer to External Wallets and Exchanges Functionality
PayPal said the feature is currently available to selected US users. Famous fintech company PayPal Inc (NASDAQ: PYPL) has added a long-demanded feature that will allow its crypto users to transfer the...
PayPal will allow transfers in Bitcoin and Ethereum
PayPal announced on Tuesday that its users can now move funds from the platform to external wallets in Bitcoin and Ethereum. PayPal implements the transfer of Bitcoin and Ethereum The fintech giant op...
How will PayPal allow its users for Bitcoin and Ethereum transfer to External wallets to be beneficial?
For a long time, users of global payment giants were asking to add the feature that was finally heard, and PayPal allowed them to move crypto to external wallets. Good news for crypto users was ...
US PayPal Update – Crypto Transfer is Now Available
Editors News BTC, ETH, and LTC can be transferred using PayPal across exchanges. No transaction fees for sending & receiving between PayPal users. The most requested feature among the Paypal users...
PayPal Users Can Transfer Crypto Between External Wallets and Exchanges After new Approval
PayPal Holdings Inc. announced on June 7 that its users can transfer Bitcoin, Ethereum, Bitcoin Cash, and Litecoin to other exchanges and external wallets. The company release stated that the enhancem...
PayPal enables transfer of digital currencies to external wallets
After rolling out the ability to buy and sell crypto on its platform in October 2020, PayPal is finally allowing users the ability to natively transfer, send and receive digital assets between PayPal ...
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an analys...