• PYPL

UBS conference comments boosts PYPL shares

PayPal's shares rose 2% post-UBS conference; the company expects mid-single-digit growth, enhancing consumer experience, launching new services, and targeting international expansion.

• PYPL

PayPal resolves system issue affecting API calls

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• PYPL

PayPal fixes outage that affected thousands worldwide

• PYPL
• SQ

Bank of Canada starts registration of payment service providers

The Bank of Canada has begun regulating payment service providers to enhance digital transaction security and confidence, addressing concerns about outdated infrastructure compared to other countries.

• BA
• DHI
• F
• MCD
• PFE
• PYPL
• RCL
• SOFI
• VFC

Ford, PayPal and DR Horton fall premarket; Pfizer rises

US stock futures are steady as investors await corporate earnings, with significant premarket movers like Ford and Pfizer reacting to earnings results.

• PYPL

PayPal's revenue forecast fails to impress as profit push puts growth behind

PayPal's stock fell 5% after forecasting lower fourth-quarter revenue due to a focus shift toward high-margin businesses, despite raising its 2024 profit forecast and achieving increased adjusted profits.

• PYPL

PayPal shares slide as revenue misses expectations

PayPal's Q3 earnings surpassed estimates, but revenue missed projections, causing stock decline. CEO highlights growth and transformation plans amid operational margin improvements and share repurchases.

• PYPL

PayPal earnings beat by $0.13, revenue fell short of estimates

PayPal's Q3 earnings of $1.20 beat estimates; revenue was $7.85B. Stock rose 27.99% over 3 months, showing strong performance and good financial health.

• PYPL

Fintech giant Stripe to buy crypto startup Bridge

Stripe is acquiring the startup Bridge for approximately $1.1 billion, expanding its presence in the stablecoin infrastructure market as digital currencies gain popularity.

• PYPL

PayPal cut as Bernstein 'worried about competitive pressures'

Bernstein downgraded PayPal, citing competitive pressures and uncertain growth, while raising the price target. Concerns include Venmo's market share and the impact of interest rates on profits.