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The Latest Breaking News from PayPal

PayPal Q1 Profits In-Line With Street Expectation, FY22 Outlook Lags Street Consensus

PayPal Holdings Inc (NASDAQ:PYPL) reported first-quarter FY22 revenue growth of 8% year-over-year to $6.5 billion, beating the consensus of $6.4 billion. Revenue excluding eBay grew 15% on a spot basis. Adjusted EPS was $0.88 (-28% Y/Y), in line with the consensus of $0.88. Adjusted operating income reduced 20% Y/Y to $1.3 billion,…

Benzinga

PayPal Jumps As Analysts Call Lowered 2022 Guidance A 'Clearing Event'

Analysts are debating whether the worst is over for PYPL stock in the wake of March-quarter earnings that met Wall Street targets and lowered 2022 guidance.

Investors Business Daily

If PayPal Earnings Disappoint, This Investor Plans To Buy Nvidia And Coinbase: Here's Why

With PayPal Holdings Inc (NASDAQ: PYPL) down nearly 70% over the last year, disappointing earnings after the market closes Wednesday could be the last straw for one longtime investor.

Benzinga

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read the most diverse news in one place.

Twitter Will Merge With Elon Musk's "X Holdings" By Oct. 24, 2022

While Tesla CEO Musk officially bought Twitter, the transaction itself isn't going to happen immediately. Even if all goes well, it may still be many months.

InsideEVs

Will the real Elon Musk please stand up?

Man who taught himself computing at age of 10 may now sit at unprecedented nexus of power and influence, writes Andrew Buncombe

The Independent UK

Fake craft fair scam targets people across Northern Ireland

"If it looks too good to be true, it usually is."

Belfast Live

Elon Musk Twitter takeover: How did the billionaire make his money and what is his net worth?

The Tesla CEO has denied claims that his father owned an emerald mine

Evening Standard

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Millennial Money: Kick-start your online clothing resale gig

With enough time and the right tools, online clothing resale can become a profitable side gig or even a full-time job

The Independent UK

Elon Musk will soon own Twitter. Who is he, and how did he get to be the world's richest person?

With the $61 billion purchase of Twitter, Elon Musk will have direct control over a platform populated by millions of users and global leaders. So who is he, and how does he have so much money?

ABC News

RTE Claire Byrne Live viewers let thoughts be known on segment on scams

Viewers of the segment were unsympathetic to the people who had fallen victim to the scams

Irish Mirror

Elon Musk: tech visionary turns social media king

San Francisco (AFP) - Sometimes it feels like it's Elon Musk's world and we just live in it.

AFP

PayPal vs. Paysafe: Which Stock Is a Better Buy?

Shares of fintech stocks such as PayPal (PYPL) and Paysafe (PSFE) have trailed the broader markets by a wide margin in 2022. While you can now buy the two stocks at a much lower multiple, let’s see which is a better buy at current prices.

StockNews.com

Here's Why PayPal Is Rising And What To Watch As Q1 Earnings Print Approaches

PayPal Holdings, Inc (NASDAQ: PYPL) was trading slightly higher on Monday, athwart the S&P 500, which was trading over 1% lower.

Benzinga

Woman's life ruined by despicable partner who conned her out of more than £20k

Ben Millin spun a tangled web of lies, took out loans in the woman's name, controlled her access to mail and moved into her house until she could no longer afford the mortgage.

Daily Record

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StockNews.com

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

The Street

Those PayPal And Venmo Fees Are About To Get Even Higher

Both fintech platforms are raising their instant transfer fees this spring.

Benzinga

PayPal Stock Is Approaching 52-Week Lows: What's Going On?

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading lower Wednesday alongside several stocks in the broader technology sector amid weakness in tech giant Netflix Inc (NASDAQ: NFLX).

Benzinga

Here's Why Credit Slashed Its Price Target On PayPal

Credit Suisse slashed its price target for PayPal Holdings Inc (NASDAQ:PYPL) to $155 from $190 (55.5% upside) and reiterated Outperform. The re-rating followed model updates and increased levels of uncertainty stemming from multiple factors. Also Read: Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment The factors included CFO departure, inflationary pressures on…

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The Guardian - US

Tax day: Venmo and PayPal users face more paperwork under new US rules

Americans paid through digital payment service required to notify IRS of payments amounting to more than $600 a year, down from $20,000

The Guardian - UK

PayPal’s Peter Thiel may be a ‘genius’, but I’m still not champing at the bitcoin

People are confusing wealth and intelligence if they read too much into the tech entrepreneur’s cheerleading for the cryptocurrency

Benzinga

Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment

Barclays analyst sess a modest deceleration in Q1 card-present spending and mixed global online volume growth (both on a 2019 CAGR basis). Despite the slowdown, it believes that the card spending environment remains healthy, which should be a plus for networks/acquirers/processors.

AFP

Elon Musk, tech visionary in the spotlight

San Francisco (AFP) - Space conquest: check.Disrupt the auto industry: check.Take over Twitter?Why not.From eccentric entrepreneur to the world's richest man, Elon Musk likes to dream big -- and these days, he is everywhere you look.

Investors Business Daily

3 Top S&P 500 Stock Market Gainers Today: American Airlines Flies, AbbVie, PayPal Fall On Key Exits

American Airlines led a travel revival Wednesday, while AbbVie and PayPal were stock market losers on key executive exits.

The Street

Walmart Makes a Big Move to Take on Amazon, Digital Rivals

The giant chain wants to dominate more than just the brick-and-mortar world.

The Independent UK

Natalie McGarry embezzlement trial hears donations found in her account

The former Glasgow East MP denies the charges against her.

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