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The Latest Breaking News from PayPal

Indonesia’s PayPal, Yahoo bans cast cloud over tech hub dream

Jakarta’s temporary blocking of websites highlights tension between desire to rein in internet and grow digital economy.

Al Jazeera

ASX loses momentum, Australia posts 'another' record trade surplus as Nasdaq rebounds

Despite a solid start, the Australian share market wiped out all its earlier gains by the end of the day, despite a rebound on Wall Street which lifted the Nasdaq index to a three-month high.

ABC News

How to save on back-to-school items during tax-free shopping days

There’s no dispute that the cost of consumer goods is soaring. The U.S. inflation rate rose 9.1 percent for the 12 months ending June 2022. With rising prices across many sectors, the prospect of shopping for your child’s school items can be daunting. What was once economical may now be…

Tribune News Service

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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

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

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

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

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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

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

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

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

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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.

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

Wales Online

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

Jasin Bushi, 18, is now starting a prison term

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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.

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.

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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