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The Latest Breaking News from PayPal

Wall Street Yawns At PayPal Move To Cut 9% Of Workforce Under New CEO

PayPal plans to cut 9% of its workforce, or 2,500 employees in 2024. The Q4 earnings report for PYPL stock is due on Feb. 7.

Investors Business Daily

PayPal is laying off thousands of workers

Almost a year to the day from PayPal announcing 2,000 redundancies, the company has revealed a further 2,500 job cuts.

TechRadar

Manhattan DA Urges Payment Apps To Improve Security Features

Incidents of payment app fraud and theft are on the rise and extend beyond NYC, Manhattan DA says.

Kiplinger

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PayPal reveals new AI tools to make sure your business always gets paid

PayPal is speeding up checkout experiences and encouraging return custom with a range of AI-assisted updates.

TechRadar

PayPal's New CEO Touts Innovation Event Ahead Of Earnings Report

PayPal on Jan. 25 plans to host an online presentation to tout new AI innovations the company will bring to market in 2024.

Investors Business Daily

Absurdly rare Team Fortress 2 hat called 'The Crone's Dome' sells for a record-setting $18,000 worth of keys because 'it's one of a kind and will not ever be unboxed again'

The Crone's Dome is a one-of-a-kind hat, and one player was willing to pay through the nose for it.

PC Gamer

PayPal (PYPL) vs. Mastercard (MA) - Analyzing 2024 Gain Potential

The financial industry’s prospects look attractive amid tech advancements and digitization. Financial stocks, PayPal Holdings (PYPL) and Mastercard (MA) are well-positioned to benefit from the industry tailwinds. However, which of these is the right pick for 2024? Read more to find out.

StockNews.com

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X (Twitter) could offer payment features as it secures another transmitter license

X (Twitter) pushes forward with its quest for money transmitter licenses as it prepares for new payment features.

Android Central

CPS assistant principal stole $273K from after-school program, prosecutors say

Details of the alleged embezzlement and criminal charges were laid out in an annual report CPS Inspector General Will Fletcher released this week.

Chicago Sun-Times

Here are 10 of Morningstar's top undervalued stocks

The S&P 500 soared 24% last year, so you might think all the bargains are gone. Not so, says Morningstar.

The Street

PayPal Downgraded On Profit Trajectory; Square Retreats In Early 2024

Oppenheimer downgraded PayPal stock to perform from outperform, citing profitability challenges.

Investors Business Daily

2 Cheap, Undervalued Tech Stocks That Look Set for a 2024 Rebound

Despite U.S. stock markets trading near their all-time highs, PayPal and Alibaba are two cheap and undervalued stocks that could rebound in 2024.

Barchart

PayPal Stock Is In a Trading Range But PYPL Stock Looks Cheap Here

PayPal Holdings stock seems to be stuck in a trading range for the past 6 months. Moreover, PYPL stock is cheap. That makes it ideal as an income play by shorting out-of-the-money put options.

Barchart

PayPal Stock 2024 Forecast: Can the 'Law of Averages' Help PYPL Go Higher?

PayPal stock is pacing to close in the red for its third consecutive year. However, PYPL's 2024 forecast looks positive, as the "law of averages" could catch up with the stock after the underperformance.

Barchart

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StockNews.com

3 Consumer Financial Stocks Worth Considering in 2024

Continued digitization of financial services and rising demand for personalized, efficient, convenient, and accessible financial services are boosting the consumer financial services sector’s prospects. Given this backdrop, it could be wise to invest in fundamentally strong consumer financial stocks PayPal (PYPL), AssetMark Financial Holdings (AMK), and EZCORP (EZPW). Keep reading….

TechRadar

I’m finally going to use these Chrome extensions to save me money in 2024

I’m going to show the cost-of-living crisis who’s boss with a clutch of excellent Chrome extensions for cashback offers and more.

International Business Times

Mt. Gox Starts Paying Creditors Via PayPal After Nearly A Decade

In a Reddit thread, several users claimed to have received payments from the now-defunct Bitcoin exchange distributed via Japanese Yen-denominated refund on PayPal.

Fortune

Exclusive: NY financial regulator approves Paxos expansion to Solana, allowing for its first stablecoin issuance beyond Ethereum

Paxos argues it is taking a more regulated approach to stablecoin issuance than Circle and Tether, its main competitors.

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news in one place.

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Kiplinger

Venmo Urged To Protect Users From Scams — Again

Lawmakers called out Venmo and Cash App, once again, over scams and their ability 'to keep customers' money safe.'

International Business Times

Elon Musk Net Worth 2024: Top Billionaire Set To Scorch The Wealth Charts

As of Dec. 18, 2023, the net worth of Elon Musk is estimated to be $254.9 billion. And it could scale new heights in 2024.

StockNews.com

Is Now the Right Time to Invest in PayPal (PYPL) and 360 Finance (QFIN)?

Sustained demand for consumer finance products and services and rapid digital transformation will create lucrative opportunities for financial service providers. Moreover, financial organizations benefit from a high-interest rate environment. Amid this, let’s determine if it is the right time to invest in financial stocks PayPal (PYPL) and 360 Finance (QFIN).…

Barchart

Hidden Profits: The Surprising Power Of Corporate Breakups

Discover the untapped potential of corporate spinoffs on your portfolio

Kiplinger

Amazon To Quit PayPal's Venmo in January

Amazon.com and Amazon mobile app users won't be able to use Venmo as a payment option starting next month.

TechRadar

Amazon will soon stop letting you pay using Venmo

Fourteen months after Amazon added Venmo support, the ecommerce giant has pulled the plug.

Chicago Sun-Times

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

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