PayPal Stock Price Forecast Ahead of Earnings
The PayPal (NASDAQ: PYPL) stock price jumped sharply on Monday as investors positioned themselves for the company’s upcoming quarterly results. The stock jumped by 5% and is trading at $171,…
PayPal Rolls Out New All-in-One App With Crypto Services
(PayPal) American financial giant PayPal Holdings Inc. has rolled out a new mobile application that integrates crypto, savings, and deposits under one platform. The new PayPal application is touted as…
PayPal Seeks to Expand Booming BNPL Sector With $2.7B Target of Japan’s Paidy
(Reuters) Payments giant PayPal Holdings Inc. is seeking to acquire Paidy, a Japanese buy now, pay later firm for $2.7 billion. The deal is expected to close in the fourth…
PayPal Surges on Reports it will Offer Stock Trading Service to US Customers
(CNBC) Shares of payment giant PayPal Holdings rose more than 3% after reports it plans to introduce a stock-trading platform for its US customers. PayPal is expected to partner or…
PayPal Starts Crypto Services in the UK after Weeks of Speculation
(PayPal) PayPal users in the UK can now buy, hold, and sell cryptocurrencies through the digital wallet. PayPal cites the “digitization of money,” especially during the Covid pandemic as key…
Venmo to Allow Users Make Cash-Back to Crypto Conversions for Free
(CNBC) A credit card feature launched by PayPal-backed Venmo on Tuesday will allow users to convert their cash-back rewards into crypto assets. The credit card feature by Venmo is part…
PayPal Q2 Earnings Analysis Preview: What to Expect
PayPal stock up 29% year to date ahead of Q2 reportPayPal expected to beat top and bottom lineVenmo on the spotlight given role in driving mobile paymentsImpact of cryptocurrency support…
PayPal Records Strongest Quarter Ever. Revenues Grew 31%
PayPal reported revenue of $6.03 billion in Q121, up 31%, or 29% on a currency neutral basis, year over year, according to the company’s press release. GAAP earnings per share…
PayPal Releases Quarterly Results. Adds 16 Million New Active Accounts in Q4
PayPal added 16.0 million Net New Active Accounts (NNAs) in Q 4 2020, up 72% from the same period of 2019, according to the company’s press release. FY20 added a…
PayPal Offers Cryptocurrency Services To Their Users
Paypal has launched a new service that enables its customers to buy, hold, and sell cryptocurrency directly from their PayPal account, according to the company’s press release. The company has…