The Latest Breaking News from PayPal

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

With the increasing odds of a recession, fundamentally weak stocks may struggle to find support anytime soon. Paypal Holdings (PYPL), Warner Bros. Discovery (WBD), and Farfetch Limited (FTCH) were recently downgraded in our proprietary rating system, given their weak fundamentals and growth attributes. So, it may be prudent to avoid…

FedNow is part of an open loop, and payers will be able to pay a much wider group of payees who do not have accounts on the same platform.

Digital payments company PayPal (PYPL) reported nearly 10% year-over-year revenue growth in the fiscal 2022 second quarter. However, the company’s top-line growth did not translate into bottom-line improvement. Moreover, shares of PYPL have declined 52.5% in price year-to-date due to the post-pandemic slowdown and recent macroeconomic headwinds. So, is it…