$41.70
-0.64 (-1.51%)
As of Jun 23, 9:35 PM ET ·
PYPL News28 articles
PayPal Gains Amid Strategic Overhaul and Venmo Growth
PayPal (PYPL) shares edged higher in a shortened trading week, buoyed by cost-cutting measures and Venmo's strong payment volume growth, though concerns over branded checkout persist.
Markets
PayPal Stock Hovers Near $41 Amid Mixed Signals Ahead of July Earnings
PayPal closed at $41.53, up 0.7%, balancing low P/E and buybacks against margin pressure and weak guidance ahead of July 28 earnings.
Earnings
Global Payments Plunges After Analyst Cuts Price Target, Growth Forecast
Global Payments shares dropped 9% after Susquehanna slashed its price target to $111 and trimmed growth forecasts, citing travel risks. Mizuho counters that worries are overblown.
Markets
SoFiUSD Stablecoin Launch Drives Premarket Stock Surge
SoFi shares rose 4.9% premarket after launching SoFiUSD, a stablecoin available to 15 million members via its banking app.
Crypto
Palantir's AI Growth Story Meets Wall Street Valuation Skepticism
Palantir shares rose 0.8% to $137.98 Tuesday but remain down 23% in 2026, as investors weigh strong AI-driven revenue growth against a high valuation and rising competition.
Technology
Bolt CEO Defends HR Shutdown, Says Smaller Team Boosts Agility
Bolt CEO Ryan Breslow defended cutting the HR department at Fortune's summit, stating it created problems. The move follows layoffs and a shift to AI and a finance app.
Technology
Bakkt Shares Surge After Director's $4.85M Insider Purchase
Bakkt shares surged 14.2% pre-market after director Michael Alfred acquired $4.85 million in stock. CEO Akshay Naheta also exercised options as the company shifts focus to stablecoin payments.
Crypto
Stripe Private Valuation Hits $175.6B, IPO Still on Hold
Forge values Stripe at $175.62 billion, up from $159 billion in February. The fintech remains private with no IPO timeline, as public market peers lag.
IPO
Anthropic Unveils Claude for Small Biz to Automate Finance and Marketing
Anthropic introduced Claude for Small Business on Wednesday, integrating its AI assistant with apps like QuickBooks, PayPal, HubSpot, and Canva. The product includes 15 preset workflows for tasks such as payroll and invoice management.
Technology
PayPal Stock Flat as Truist Cuts Target, Flags Margin Pressure
PayPal shares remain near $45 after Truist lowered its target to $44, citing higher rewards costs and sluggish international payment volume. Q1 TPV grew 11% but Q2 guidance points to margin pressure.
Earnings
Fiserv Shares Tumble on Revenue Miss; 2026 Targets Face Scrutiny
Fiserv shares slid nearly 10% after Q1 adjusted revenue missed estimates, with organic sales down in both Merchant and Financial Solutions. Management kept its 2026 outlook, but margin pressure and competitive headwinds raise doubts.
Earnings
Tech Rally Resurgent: Intel, Micron, SanDisk Lead Nasdaq Higher
The Nasdaq rose 0.83% Tuesday, driven by Intel, Micron, and SanDisk as AI optimism returned. Oil's pullback eased rate worries, extending April's record rally.
Markets
PayPal Beats Q1 Estimates as New CEO Unveils $1.5B Cost-Cutting Plan
PayPal topped Q1 expectations with revenue of $8.35B, but branded checkout growth remained sluggish. New CEO Enrique Lores outlined a $1.5B cost-cutting strategy.
Earnings
PayPal Stock Rises on Truist Price Target Hike Despite Sell Rating
PayPal shares edged up 1.5% after Truist Financial raised its price target to $45, though the stock trades above that at $50.48. The firm retained a Sell rating amid competitive pressures and a new CEO.
Analysis
PayPal Shares Rise Ahead of Q1 Earnings Despite Truist Sell Rating
PayPal shares edged higher on April 24 as Truist lifted its price target to $45 while keeping a Sell rating, setting the stage for the company's first earnings report under new CEO Enrique Lores on May 5.
Earnings
Mastercard's $1.8B BVNK Acquisition Accelerates Corporate Blockchain Adoption
Mastercard has agreed to purchase BVNK for as much as $1.8 billion, marking a major push into stablecoin and blockchain payment infrastructure. The deal coincides with corporate pilots by Citi and Aon using tokenization for trade finance and insurance payments.
Technology
SoFi Stock Dips Amid Fintech Rally, Stablecoin Deal in Focus
SoFi Technologies shares fell 0.6% to $17.66, lagging a broader fintech rally. The company recently posted record quarterly revenue and announced a key stablecoin partnership with Mastercard.
Analysis
SoFi Shares Recover Slightly Amid Broad Fintech Caution
SoFi Technologies shares gained 1.1% in early Friday trading, partially recovering from a 4.5% decline the previous session. The stock remains significantly below its January peak amid cautious investor sentiment toward the fintech sector.
Markets
SoFi Shares Drop Amid Broader Fintech Selloff as Oil Rally Dents Rate Cut Hopes
SoFi Technologies shares declined approximately 3% on Thursday, underperforming a broader tech retreat. The drop coincided with oil approaching $100 per barrel, which renewed fears of persistent inflation and delayed interest rate cuts.
Markets
SoFi Stock Gains on Mastercard Stablecoin Partnership, CEO Purchase
SoFi Technologies advanced Wednesday, recovering from a prior session decline. The fintech's new stablecoin settlement partnership with Mastercard and a significant share purchase by CEO Anthony Noto were in focus.
Technology
SoFi Shares Dip Amid CEO Purchase and Mastercard Stablecoin Partnership
SoFi Technologies shares fell in late trading Tuesday, even after CEO Anthony Noto increased his stake and the company announced a Mastercard partnership for its stablecoin. The fintech sector broadly weakened.
Technology
Mastercard Advances Stablecoin Settlement with SoFi, Shares Gain After Hours
Mastercard shares gained 0.6% in extended trading following news of a partnership with SoFi Technologies to integrate stablecoin settlement into its global payments network. Investors await further strategic updates at an upcoming investor conference.
Technology
Circle Stock Retreats Amid Rate Uncertainty and Insider Transactions
Circle Internet Group's stock declined 3.9% to $92.38 in Tuesday's early session, reversing recent gains. The drop coincided with insider sales and broader pressure on crypto-linked assets as rate cut expectations adjusted.
Crypto
Visa Tops AI Maturity Index, Shares Gain Amid Market Slump
Visa shares advanced 1.1% to $316.53 on Thursday, outperforming a falling market after being ranked number one for AI maturity in the payments sector. Attention now turns to upcoming producer price data and Visa's quarterly earnings.
Technology
PayPal Gains Despite Price Target Cut as Leadership Transition Nears
PayPal shares advanced 1.7% to $41.12 Monday, even as Cantor Fitzgerald lowered its price target to $42. Investors are assessing the company's turnaround potential ahead of a CEO change on March 1.
Technology
Visa Shares Decline Amid Broader Payment Sector Weakness
Visa shares fell 1.7% to $326.04 in Monday trading, underperforming the S&P 500's gain. Mastercard also dropped, while PayPal advanced.
Markets
Visa Eyes Key Economic Data After Dow Tops 50,000
Visa shares edged higher Friday as the Dow Jones Industrial Average closed above 50,000 for the first time. Investor focus shifts to a deluge of delayed U.S. economic reports next week.
Markets
Visa Eyes Key Economic Data After Mixed Week, Launches Small-Business Initiative
Visa shares edged higher Friday, closing at $331.58, as traders await a deluge of delayed U.S. economic reports next week that could sway consumer spending and rate expectations.
Markets