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The Latest Breaking News from PayPal

Stock Market Bounces; PayPal, Moderna Surge; EV Stocks On Deck

The stock market strengthened in afternoon trading Wednesday.

Investors Business Daily

Stock Market Climbs As Services Sector Jumps; PayPal And Moderna Lead On Earnings

Stock market climbs as services sector data beats forecasts. PayPal and Moderna lead the way on strong earnings reports.

Investors Business Daily

PayPal Analysts Increase Price Targets Following Earnings Report, Elliott Management's $2B Investment

Analysts are diving into the second quarter earnings report from PayPal Holdings (NASDAQ: PYPL) and evaluating what a $2 billion stake from Elliott Management could mean for the financial technology company's future.

Benzinga

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Mum hacked on Facebook with sick image loses thousands from business

Catriona Smillies is considering throwing the towel in on her wedding business after not being able to access her page following a trip to Bulgaria

Daily Mirror

Nasdaq Leads As Stock Market Climbs; PayPal, Robinhood, Ping Among Major Movers

The Nasdaq composite leapt 1.5% though it continues to face sellers at the 12,500 level this week.

Investors Business Daily

Benzinga Before The Bell: Robinhood's Cryptocurrency Growth, Moderna's Q2 Earnings, PayPal's New CFO And Other Top Financial Stories Wednesday, August 3

CNBC Celsius Is Looking To Rehire Its CFO Rod Bolger

Benzinga

Dow Jones Rallies Amid Key Economic Data; AMD Tumbles On Weak Sales Outlook

The Dow Jones Industrial Average climbed Wednesday ahead of new economic data, while AMD stock dived 6% on a weak sales outlook.

Investors Business Daily

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Dow Jones Futures Signal Market Rally; AMD Leads Earnings Movers, Tesla Rival BYD's Sales Soar

Futures pointed to a modest bounce Wednesday. AMD led key earnings movers. Tesla rival BYD reported July sales more than tripled.

Investors Business Daily

Why PayPal Stock Is Rocketing Higher On Q2 Earnings: What You Need To Know About Guidance, Elliott Management And More

Payments solutions company PayPal Holdings Inc (NASDAQ: PYPL) reported second-quarter financial results after the market close Tuesday. Here are the key highlights.

Benzinga

Stock Market On The Defensive Ahead Of Pelosi Visit; AMD And PayPal Earnings After Close

China has issued multiple warnings ahead of the event, threatening "severe punishment" if Sen. Pelosi lands in Taiwan.

Investors Business Daily

PayPal Stock On 'Road To Recovery' With Elliott Management's Backing?

PayPal stock climbed after the e-commerce firm reported mixed June-quarter financial results and added $15 billion to its stock repurchase program.

Investors Business Daily

PayPal Earnings Preview: Will PayPal's Q2 Pay Off Despite Macroeconomic Uncertainty?

PayPal Inc. (NASDAQ: PYPL) stock has been on a secular downtrend since July 2021 and it has plummeted about 71% from its all-time high of $310.16 on July 26, 2021.

Benzinga

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

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The Independent UK

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

Bangkok Post

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.

The Guardian - UK

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

Asharq Al-Awsat

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…

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The Street

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

PayPal's Crypto Project Could Be In Danger

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

Miami Herald

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.

Benzinga

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.

Investors Business Daily

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.

Zenger

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.

Benzinga

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

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