Activist investor Elliott Management Corp. has a stake in PayPal Holdings Inc., according to people familiar with the matter. The size of Elliott’s stake and its intentions couldn’t be learned. PayPal has Read more
Tag: Mobile Payment Systems
PayPal stock hit as Walmart and Shopify send ominous signals
PayPal Holdings Inc. shares were sagging Tuesday after two consumer-facing names issued warning signs about their businesses and the state of shopping behaviors. First Walmart Inc. WMT, -7.70% cut its Read more
PayPal is ‘one of the more recession-sensitive names’ in payments, analyst says in downgrade
PayPal Holdings Inc. may see some “short-term upside,” but its stock carries risk amid an uncertain economic backdrop, according to an analyst. Wolfe Research analyst Darrin Peller downgraded PayPal’s stock Read more
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside more traditional Read more
PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’
PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an Read more
Why Apple’s BNPL efforts could mark a ‘tipping point’ in lending
Apple Inc.’s expansion into buy-now pay-later financing could be just the beginning of an attempt to shake up the traditional payments system. The consumer-electronics giant has made other ventures into Read more
These 10 stocks in the S&P 500 have lost $4.1 trillion of investors’ money during the first half of 2022
The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the Read more
These 10 stocks in the S&P 500 have lost $4.1 trillion of investors’ money during the first half of 2022
The first half of 2022 is over today, and good riddance for investors: The S&P 500 Index has declined 21.4%. Below are two lists of the worst-performing stocks in the Read more
Pinterest CEO change suggests e-commerce push that would be ‘welcomed’ in current market
Pinterest Inc. is expected to make a deeper push into commerce under its newly named chief executive, a move greeted with some cheers among Wall Street analysts despite a muted Read more
Pinterest stock rallies after Google exec named CEO as Silbermann steps down
Shares of Pinterest Inc. rallied 4% in the after-hours session Tuesday after the social-media company said co-founder Ben Silbermann is stepping down as chief executive and is being replaced by Read more