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...
Tag: PayPal
PayPal set to close it San Francisco office 1
TL; DR Breakdown PayPal will close its office in San Francisco The firm prefers workers work remote More firms continue to abandon San Francisco One of the biggest payments companies in the US, PayPal...
Right on the money – PayPal meets expectations as stock pops 5%
PayPal Holdings (NASDAQ: PYPL) on Wednesday, April 27, after-hours trading rose at one point by 5.7% as they met earnings expectations and beat revenue. It was not all positive though as the company a...
PayPal Posts 8% Jump in Q1 Revenue, Exceeds Expectations
PayPal (Nasdaq: PYPL), a major global payments platform, reported net revenue of $6.48 billion for the first quarter of 2022, between January and March. It was a year-over-year increase of 8 percent a...
PayPal stock seems unimpressed of strong Q1 revenue
Shares of PayPal Holdings Inc (NASDAQ: PYPL) are up 5.0% in extended trading after the fintech company reported better-than-expected revenue for its fiscal first quarter. What PayPal Holdings Q1 resul...
PayPal hits 52-week lows ahead of its earnings
PayPal (PYPL) shares hit fresh 52-week lows this week going into the digital payment platform’s quarterly results set for release on Wednesday after the close. The once-pandemic darling has take...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
PayPal Analysts See a Lot to Like, But Not Right Now
(Bloomberg) — Even as PayPal Holdings Inc. has gotten swept up in the selloff in technology stocks, the investment case for the digital-payments company has only gotten stronger, in the view of ...
PayPal Stock Is Under the Microscope Ahead of Earnings; Here’s What to Expect
In just a little under a week from now — Wednesday, April 27, after close of trading — fintech giant PayPal (PYPL) is due to report its Q1 2022 earnings. And if you were around to see how ...
Crypto exchange CEX.IO adds PayPal as account funding option » CryptoNinjas
CEX.IO, a popular crypto exchange company, announced today it will now be offering users the option to link existing PayPal accounts to their CEX.IO Wallet. Forthwith, CEX.IO users with existing PayPa...
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...
JPMorgan, Delta Air Lines, PayPal
The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images Check out the companies mak...
John Rainey Announces Departure from PayPal
Nasdaq-listed financial services provider, PayPal recently confirmed that John Rainey, PayPal’s current Chief Financial Officer, is leaving the company after nearly seven years. Rainey is now joining ...
Cathie Wood: ARK Invest ‘Chose Block Over PayPal’ Due To Cash App’s Bitcoin Focus
ARK Invest, the New York-based investment house helmed by long-time Bitcoin supporter Cathie Wood, has sold off all of its holdings in PayPal and is now leaning towards Jack Dorsey’s firm Block ...
Walmart hires PayPal executive as its chief financial officer
Artur Widak | NurPhoto | Getty Images Walmart said Tuesday that is has hired PayPal executive John Rainey to become its new chief financial officer. Rainey, the chief financial officer of financial te...
Here’s Why Bitcoin Has Failed To Reach $100,000 — According To PayPal Founder Peter Thiel ⋆ ZyCrypto
Advertisement     PayPal’s founder has blamed Warren Buffett for Bitcoin failing to hit $100,000. He took swipes at Buffett and other individuals that are enemies of t...
Ark Invest ditches PayPal for Cash App
The founder of crypto investment firm Ark Invest, Cathie Wood, has sold all her shares in PayPal to invest in the Cash App payment system that uses Bitcoin Lightning Network. Ark Invest invests in Cas...
Cathie Wood’s Ark Invest Bets Big on Cash App, Dumps PayPal
American asset management company Ark Invest has sold its holdings of fintech giant PayPal and backed Bitcoin-friendly Cash App. This comes after Cathie Wood, CEO of Ark Invest, revealed her preferenc...
Cathie Wood’s Ark Invest Shows Back To PayPal, Turns Head Towards BTC inclined Cash App
Ark Invest founder Cathie Wood has recently taken the move to opt for a cash app and has taken down the confidence in PayPal. She believes that Venmo has initiated to accommodate Bitcoin, but it...
Cathie Wood Invest Chose Block Over PayPal, SQ Shares Down 2%
Cathie Wood and Ark Invest have invested in Bitcoin and blockchain technology through the decentralized financial ecosystem (DeFi). In an interview with CNBC correspondent Kate Rooney during the 2022 ...
Ark Invest drops PayPal for CashApp 1
TL; DR Breakdown Ark Invest chooses CashApp ahead of PayPal The firm explains its reasons for picking CashApp Cathie Wood drums support for Bitcoin Ark Invest will no longer be holding on to its PayPa...
Bitcoin 2022: “Pro-Blockchain is an Anti-Bitcoin Approach”- PayPal CEO Peter Thiel
Peter Thiel, the CEO of PayPal, spoke at the Bitcoin 2022 meeting. He claimed that simply being pro-blockchain is essentially anti-bitcoin. Peter Andreas Thiel, an entrepreneur, investment fund manage...
Ark Invest dumps PayPal holdings for Cash App
Ark Invest, a popular company, operating in the cryptocurrency sector, has announced dumping all its holdings in PayPal. The company is now showing a positive investment stand for CashApp, a subsidiar...
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which us...
PayPal CEO says being only pro-blockchain was anti-Bitcoin (BTC)
PayPal’s CEO, Peter Thiel, has argued that being only pro-blockchain was anti-Bitcoin. Thiel was speaking during the Bitcoin 2022 conference that has attracted attention from the entire cryptocurrency...
Being Only Pro-Blockchain is an Anti-Bitcoin Approach, PayPal CEO Peter Thiel Says
The Bitcoin 2022 conference, which takes place in Miami, has been giving a lot to talk about. On this occasion, Peter Thiel voiced his opinion on Bitcoin’s enemies and talked about where he thinks Bit...
PayPal Killer SDK Converts Platforms to Web 3.0 in 10 Lines of Code
April 7, 2022 – Venice, United States Algorand Foundation-backed project Smile Coin has released the public testnet version of their highly anticipated web 3.0 SDK. The SDK allows any web 2.0 platform...
FinTech Looks Like a $1.5 Trillion Growth Market
Illustration by Elias Stein Text size Wells Fargo ’s Jeff Cantwell says the time to buy fintech stocks is now—14 of them. Cantwell has started coverage of the group with Overweight ratings for all. Th...