Tag: $PayPal

PayPal (PYPL.O), raised its full-year profit forecast above Wall Street estimates on Tuesday, as the digital payments giant’s push to revive growth in high-margin businesses such as Venmo and U.S. checkout begins to pay off.

Perplexity is extending its bet on chat-powered shopping, aiming to stand out in the crowded generative artificial intelligence market against OpenAI, Anthropic, and Google.

PayPal reported better-than-expected earnings for the first quarter, but the company missed on revenue and reaffirmed its guidance for 2025 due to macro uncertainty.

PayPal shares fell 5% in premarket trading on Tuesday after the digital payments giant’s operating margin shrank in the fourth quarter, raising concerns over the possibility of a sluggish recovery and overshadowing a strong profit forecast for 2025.

PayPal Holdings is in its innovation era, but based on investors’ reaction to the latest quarterly earnings there’s a price to pay for progress.

PayPal Holdings has been a “show me” story this year, and the latest quarter looks like a good chapter for the stock

PayPal reported quarterly results that reflected the costs of stock-based compensation for the first time. The company beat analysts’ forecasts on earnings and revenue under previous reporting standards.

PayPal disappointed analysts and investors alike with its weak guidance for 2024.

PayPal Holdings was set to add $4 billion to its market value as a pledge to turn “leaner” cheered up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin.

PayPal Holdings PYPL announced a deal in which KKR-managed funds and accounts will purchase up to €40 billion of buy now, pay later loan receivables originated in Europe, which should allow for the repurchase of more stock this year by the payments company.

Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions after cutting 26% of its workforce last month, the company’s CEO told CNBC.

PayPal Holdings Inc (PYPL.O) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares in the payments firm down 5% in extending trading.