This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of Read more
Tag: Mobile Payment Systems
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it Read more
PayPal earnings forecast heads higher, but the stock is heading lower yet again
PayPal Holdings Inc.’s cost-savings story began to play out in the latest quarter as the company beat expectations and executives raised their full-year forecast on the bottom line, though they Read more
PayPal’s ‘once beloved story’ is ‘back in vogue’ despite some noise
Headed into PayPal’s third-quarter earnings report, there’s a lot of noise. The company faced backlash in early October for a policy change stating that users could be fined up to Read more
Wall Street is being nicer on earnings as vaccine makers, fintech reports near
With a downcast earnings season passing the halfway mark, results from financial-technology and vaccine makers will arrive this week amid questions about consumer spending and demand for COVID-19 drugs. As Read more
Why Zelle moves twice as much money as Venmo and Cash App combined
Zelle may not have its own clothing line or suggest emojis when you pay your friend, but the peer-to-peer payment service is moving serious money, and that seems to be Read more
‘Delete PayPal’ controversy unlikely to have ‘any noticeable impact’ on PayPal’s reported users, analyst says
PayPal Holdings Inc. said earlier this week that a policy change indicating users could be fined up to $2,500 for spreading misinformation was published erroneously—but not before the company faced Read more
‘Delete PayPal’ controversy unlikely to have ‘any noticeable impact’ on PayPal’s reported users, analyst says
PayPal Holdings Inc. said earlier this week that a policy change indicating users could be fined up to $2,500 for spreading misinformation was published erroneously—but not before the company faced Read more
PayPal deepens in-store push with U.S. launch of payment terminal
PayPal Holdings Inc. is continuing its foray into in-store commerce with the launch of a portable payment terminal in the U.S. The company already offers a card reader in the Read more
‘Delete PayPal’ searches spike after $2,500 misinformation fine controversy
Many PayPal PYPL, -5.79% users appear ready to cash out after the company released a controversial policy change — which it now says was in error — that would fine Read more