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The Latest Breaking News from PayPal

Stock Market Today – 8/2: Stocks Close Lower as Pelosi Visit to Taiwan Spurs Risk-Off Bets

Stocks close lower as House Speaker Nancy Pelosi's landing in Taiwan stokes geopolitical concern.

The Street

How Will PayPal Trade After Q2 Earnings? What The Stock Chart Says

As second-quarter earnings season reaches its midpoint, it has yet to be determined whether issues in the growth technology sector have found a long-term bottom. So far, it has been a mixed bag with several to still report.

Benzinga

Florida Gov Ron DeSantis plans to fight ‘woke CEOs’ at financial services like Paypal and others

“Do we govern ourselves through our constitution and through our elections or do we have these masters of the universe occupying these commanding heights of society?” the Republican governor said during a press briefing

The Independent UK

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Indonesia blocks Yahoo, PayPal for non-compliance

JAKARTA: Indonesia has blocked the search engine website Yahoo, the payments firm PayPal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash on social media.

Bangkok Post

Chris Xu: Who is Shein’s mysterious billionaire founder?

Very little is known about China’s king of fast fashion who has rapidly become one its richest men

The Guardian - UK

Indonesia Blocks Yahoo, Paypal, Gaming Websites Over License Breaches

Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash in social media, Reuters reported. Registration is required under rules released in late November 2020 and will give authorities broad…

Asharq Al-Awsat

Crypto: PayPal's Ambitions Could Be Crushed By A Powerful Player

Elliott Management's reported stake in PayPal could mean eliminating its cryptocurrency offering.

The Street

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PayPal's Crypto Project Could Be In Danger

Elliott Management's reported stake in PayPal could mean eliminating its cryptocurrency offering.

The Street

DeSantis takes another swipe at ‘woke’ corporations, saying Florida won’t invest

MIAMI — Continuing to target what he calls “woke” corporations, Gov. Ron DeSantis wants to prohibit state investments that use “environmental, social and governance” ratings, which can include taking into account impacts of climate change.

Miami Herald

PayPal Stock Surges After Paul Singer's Activist Fund Grabs A Stake: Here's What To Watch

PayPal Holdings Inc. (NASDAQ: PYPL) was surging over 11% on Wednesday after a report indicated Paul Singer's Elliott Management Corp. has taken a stake in the company.

Benzinga

PayPal Stock Pops; Will Activist Investor Push Pinterest Deal?

PayPal stock popped on a report hedge fund Elliott Management has taken a stake in e-commerce firm, which reports earnings on Aug. 2.

Investors Business Daily

Teen Hacked Into Women’s Snapchat Accounts And Used Nude Photos To Blackmail Their Friends

Detectives found fake PayPal accounts with fictional personal details and email accounts tied to the victims’ names.

Zenger

Benzinga Before The Bell: Twitter Shareholder Proposal Date Set, T-Mobile's Strong FY22 Outlook, Shopify's Job Cuts And Other Top Financial Stories Wednesday, July 27

Reuters Monkeypox Emergency Could Last Months, According To Experts

Benzinga

Teenager hacked into women's Snapchat accounts and used nude photos as blackmail

Jasin Bushi, 18, is now starting a prison term

Wales Online

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The Street

Meta, Take-Two Among Top Beaten-Down Tech Stocks: Bank of America

Technology stocks have slumped this year, with the S&P 500 IT index falling 21%. Bank of America lists some picks among them.

Investors Business Daily

Think Tesla's Going Down More? New ETF Rises When Tesla Falls

Looking for more ways to play Tesla stock? In a U.S. industry first, AXS Investments debuted an ETF that tracks just that one popular stock.

The Street

Buy-Now-Pay-Later Star Klarna Tumbles From Its Pedestal

The rout of markets, due to recession fears, is hurting the valuations of even the most promising startups.

Benzinga

PayPal Holdings Whale Trades For July 12

A whale with a lot of money to spend has taken a noticeably bullish stance on PayPal Holdings. Looking at options history for PayPal Holdings (NASDAQ:PYPL) we detected 18 strange trades.

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StockNews.com

5 Stocks Investors Might Want to Short, Liquidate or Avoid Right Now

The declining consumer confidence amid the rising recession odds as the Fed continues with the rate hikes is causing rampant volatility in the market. Given this backdrop, it could be wise to short, liquidate or avoid fundamentally weak stocks Netflix (NFLX), Etsy (ETSY), Align Technology (ALGN), PayPal (PYPL), and Bath…

Evening Standard

Teenage blackmailer posted nude photos and videos of women hacked from Snapchat accounts

Jasin Bushi, 18, from Camden, targeted seven victims aged 17 to 35 whose horrified family, friends and colleagues saw the ‘cruel and callous’ posts

Benzinga

What's Going On With PayPal Shares Today?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher by 4.01% to $74.26 during Tuesday's trading session. Shares of e-commerce and e-commerce-related companies at large are trading higher Tuesday amid volatility in stocks as traders assess the possibility of a recession.

Investors Business Daily

Analysts Admit 10 Stocks Are Worth Way Less Than They Thought

Analysts' price targets couldn't keep up with soaring S&P 500 stocks a year ago. Now analysts can't cut their targets fast enough.

Daily Record

Fraudster Natalie McGarry should not have been jailed, insists independence campaign group

The former high-flying SNP member was jailed after being found guilty of embezzling thousands from two independence campaign groups.

Manchester Evening News

Music fans fuming over Ticketmaster card problems as Sugababes and The Vamps tickets go on sale

There were a lot of frustrated music fans today as tickets went on sale for Sugababes and The Vamps

Benzinga

What's Going On With PayPal Stock Today?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower Thursday amid overall market weakness as investors continue to digest inflation concerns, Fed rate hikes and macro uncertainty. Concerns surrounding a potential economic slowdown have also weighed on growth stocks.

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