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The Latest Breaking News from PayPal

Here's How PayPal Helped Trigger EU Antitrust Allegations Against Apple

PayPal Holdings, Inc (NASDAQ:PYPL) helped provoke a formal antitrust complaint against Apple Inc (NASDAQ:AAPL) and its iPhone payments system by raising concerns with the European Commission, Bloomberg reports. Tap-to-pay services rely on near-field communications. Apple allegedly only lets its payment system use the iPhone's NFC chip. Apple's act hampered PayPal, Block, Inc's (NYSE:SQ) Cash App, Samsung Electronics Co, Ltd (OTC:SSNLF),…

Benzinga

Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022

The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year.

Benzinga

Stock Market Volatile; Apple, Facebook, Amazon Are Key Earnings, Tesla CEO Elon Musk Buys Twitter: Weekly Review

A market rally attempt is underway, but the major indexes lost ground. Apple and Facebook led key earnings. Elon Musk will buy Twitter.

Investors Business Daily

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'Long Road Of Rebuilding Begins': PayPal Analysts React To Mixed Q1 Earnings Report

Shares of PayPal Holdings Inc (NASDAQ: PYPL) gained 11% on Thursday after the company reported a revenue beat but cut its 2022 guidance.

Benzinga

PayPal Looks To Close Down Its San Francisco Office That Houses Xoom

PayPal Holdings, Inc (NASDAQ:PYPL) is closing its San Francisco office at 425 Market Street as it evaluates its global office footprint, the TechCrunch reports. The office housed its Xoom business unit. The employees that worked out of that office will work virtually with the ability to work from the company’s headquarters office…

Benzinga

PayPal Stock Is Surging Today: Here's Why

PayPal Holdings Inc (NASDAQ: PYPL) shares are trading higher Thursday after the company reported better-than-expected top-line results.

Benzinga

Stock Market Up Despite GDP Decline; Facebook, PayPal Gain On Earnings

The stock market gained as Facebook and PayPal rose on earnings, in spite of GDP falling.

Investors Business Daily

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Mastercard Q1 Earnings Beat Street View As Travel Spending Rebounds

Mastercard Incorporated (NYSE:MA) has reported Q1 sales of $5.2 billion, up 24% (28% currency-neutral), beating the consensus of $4.91 billion. Gross dollar volume increased 17%, on a local currency basis, to $1.9 trillion. Cross-border volume growth of 53% on a local currency basis, with switched transactions growth of 22%. Other revenues increased 18%,…

Benzinga

How to buy Bitcoin (BTC)

Bitcoin - the largest and best-known cryptocurrency - was born from a rising distrust of government and financial institutions after the global financial crisis of 2008.

Evening Standard

Dow Jones Rallies As Facebook Soars 18% On Earnings; Apple Earnings Due

The Dow Jones Industrial Average jumped Thursday, as Facebook soared 18% on earnings results. Apple earnings are due after the market closes.

Investors Business Daily

Morning Brief: Top Financial Stories Dominating on Thursday, April 28

CNBC Ford Motor Slashes 580 Jobs, Mainly In Engineering

Benzinga

PayPal CEO Wants To Double Down On Digital Wallets, Sees Them As The Future

PayPal Holdings Inc (NASDAQ: PYPL) CEO Daniel Schulman has said there’s a need to “double-down on the digital wallet.”

Benzinga

Dow Jones Futures Signal Strong Market Bounce As Facebook Surges On Earnings; ARK Stock Teladoc Crashes

Dow Jones futures jumped after Wednesday's market rebound fizzled. Facebook led big earnings winners. But ARK Stock Teladoc plunged.

Investors Business Daily

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

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Investors Business Daily

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.

Benzinga

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.

InsideEVs

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.

The Independent UK

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

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news in one place.

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Belfast Live

Fake craft fair scam targets people across Northern Ireland

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

Evening Standard

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

The Independent UK

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

ABC News

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?

Irish Mirror

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

StockNews.com

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.

Benzinga

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.

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