34 stories mentioning PYPL
Every FINWIRES story that references PYPL, newest first.
PayPal Holdings (PYPL) said on Wednesday it is partnering with Anthropic to offer a free online training course, AI Fluency for Small Business, to help small businesses adopt AI tools.The course includes nine lessons featuring videos from AI researchers and small business owners, with learners earning a certificate upon completion, it said.Price: $45.41, Change: $-0.03, Percent Change: -0.07%
Financial stocks advanced in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.The Philadelphia Housing Index was down 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.2%.Bitcoin (BTC-USD) was falling 1.2% to $80,732, and the yield for 10-year US Treasuries climbed 5.3 basis points to 4.46%.In economic news, the US seasonally adjusted consumer price index jumped by 3.8% in April from 3.3% in the prior month, according to data released Tuesday by the Bureau of Labor Statistics, compared with the 3.7% consensus. Core CPI, which excludes food and energy prices, climbed by 2.8% from 2.6%, versus expectations for 2.7%.The CPI increased 0.6% in April, as expected, following a 0.9% increase in the previous month. Core CPI gained 0.4%, higher than the consensus estimate for a 0.3% increase. Core CPI rose by 0.2% in March.In corporate news, the Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics. PayPal shares rose 0.9%.S&P Global (SPGI) shares added 0.7% after its Energy division said Tuesday it has launched the HorizonsAgents suite of AI-backed tools to turn energy and sustainability data into insights for financial institutions and other clients.JPMorgan Chase (JPM) Chief Executive Jamie Dimon said Tuesday on Bloomberg TV that financial markets may be showing "a little bit too much exuberance" given current inflation risks and geopolitical tensions. JPMorgan shares were up 1.7%.Carlyle (CG) and Yum China (YUMC) are among the companies seeking to acquire Jardine Matheson restaurant unit, which runs KFC and Pizza Hut chains in Hong Kong, Taiwan, and other Asian locations, in a deal worth around $400 million, Reuters reported. Carlyle shares rose 1.1%.
Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.The Philadelphia Housing Index was down 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.1%.Bitcoin (BTC-USD) was falling 1.8% to $80,257, and the yield for 10-year US Treasuries climbed 4.5 basis points to 4.455%.In economic news, the US seasonally adjusted consumer price index jumped by 3.8% in April from 3.3% in the prior month, according to data released Tuesday by the Bureau of Labor Statistics, compared with the 3.7% consensus. Core CPI, which excludes food and energy prices, climbed by 2.8% from 2.6%, versus expectations for 2.7%.The CPI increased 0.6% in April, as expected, following a 0.9% increase in the previous month. Core CPI gained 0.4%, higher than the consensus estimate for a 0.3% increase. Core CPI rose by 0.2% in March.In corporate news, the Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics. PayPal shares rose 1.2%.JPMorgan Chase (JPM) Chief Executive Jamie Dimon said Tuesday on Bloomberg TV that financial markets may be showing "a little bit too much exuberance" given current inflation risks and geopolitical tensions. JPMorgan shares were up 1.6%.Carlyle (CG) and Yum China (YUMC) are among the companies seeking to acquire Jardine Matheson restaurant unit, which runs KFC and Pizza Hut chains in Hong Kong, Taiwan, and other Asian locations, in a deal worth around $400 million, Reuters reported. Carlyle shares added 0.8%.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.The Philadelphia Housing Index was down 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.1%.Bitcoin (BTC-USD) was falling 1.8% to $80,257, and the yield for 10-year US Treasuries climbed 4.5 basis points to 4.455%.In economic news, the US seasonally adjusted consumer price index jumped by 3.8% in April from 3.3% in the prior month, according to data released Tuesday by the Bureau of Labor Statistics, compared with the 3.7% consensus. Core CPI, which excludes food and energy prices, climbed by 2.8% from 2.6%, versus expectations for 2.7%.In corporate news, the Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics. PayPal shares rose 1.1%.
(Updates with PayPal's response to a request for comment in the last paragraph.)The Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics.Under the initiative, PayPal must waive processing fees totaling roughly $30 million for eligible small businesses that are veteran-owned or engaged in manufacturing, farming or technology, the DOJ said.The settlement stems from an investigation "into a discriminatory investment program created for black and minority-owned businesses," the DOJ said."For more than two decades, PayPal has helped small businesses start, scale, and thrive by expanding access to digital financial tools," a PayPal spokesperson said in an emailed statement. "We're excited to launch the Small Business Initiative to infuse American small businesses with even more economic opportunity."Price: $45.59, Change: $+0.52, Percent Change: +1.15%
The Department of Justice said Tuesday it secured a settlement with PayPal (PYPL) under which the company must launch a new Small Business Initiative that excludes criteria based on national origin, race or other protected characteristics.Under the initiative, PayPal must waive processing fees totaling roughly $30 million for eligible small businesses that are veteran-owned or engaged in manufacturing, farming or technology, the DOJ said.The settlement stems from an investigation "into a discriminatory investment program created for black and minority-owned businesses," the DOJ said.PayPal didn't immediately reply to a request for comment from.Price: $45.53, Change: $+0.45, Percent Change: +1.01%
PayPal Reaches $30 Million Settlement With Justice Department
PayPal (PYPL) has an average rating of hold and mean price target of $50.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $46.94, Change: $+0.68, Percent Change: +1.46%
PayPal Holdings (PYPL) has an average rating of hold and mean price target of $50.34, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
(Updated to include BofA's commentary)BofA Securities lowered its price target on PayPal (PYPL) to $53 from $55, following weaker-than-expected quarterly report.While the Q1 results exceeded expectations, they did little to change the near-term earnings or growth narrative, with both worse-than-expected Q2 guidance and the decision to reiterate full-year guidance reinforcing the absence of a clear operating inflection.The brokerage reiterated its Neutral rating, viewing sustained execution as the key swing factor for investor confidence.PayPal has an average rating of Hold and mean price target of $50.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $46.09, Change: $-0.39, Percent Change: -0.84%
PayPal's (PYPL) Q1 results topped estimates, with upside partially driven by share repurchases, but weaker-than-expected Q2 guidance and the decision to reiterate full-year guidance suggest no clear operating inflection, BofA Securities said Wednesday.Management reiterated confidence in PayPal's two-sided network, global scale and brands, while outlining more than $1.5 billion in run-rate cost savings over the next two to three years as part of a broader reset, according to the note.Investor reaction was tempered by a weaker near-term outlook for Q2 and fiscal 2026, the reinvestment of most savings rather than near-term earnings upside, and confirmation that business resegmentation will not begin until next year, the brokerage said.BofA updated its price objective to $53 from $55, based on a 9x multiple of its revised adjusted second-12-month earnings per share estimate of $5.86, up from $5.46.BofA maintained a neutral rating on PayPal.Price: $46.74, Change: $+0.26, Percent Change: +0.56%
PayPal (PYPL) has an average rating of Hold and mean price target of $50.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $47.11, Change: $+0.63, Percent Change: +1.34%
Mastercard (MA), PayPal (PYPL), and Visa (V) are facing an investigation by UK's Financial Conduct Authority under the Competition Act 1998 for suspected anti-competitive conduct liked to funding and usage of PayPal's digital wallet, the government body said Wednesday.The Financial Conduct Authority added that it has reached no conclusions nor made any findings with regard to competition law having been broken.A Mastercard spokesperson toldthat the company has received an information notice from the FCA requesting details about to its contractual relationship with PayPal and will be will be cooperating fully and transparently with the FCA.A Visa spokesperson also said in an emailed response tothat the FCA has informed the company that it has opened an inquiry into certain contractual provisions regarding the PayPal digital wallet.PayPal did not immediately respond to' request for comment.Price: $497.14, Change: $+0.06, Percent Change: +0.01%
PayPal (PYPL) has an average rating of hold and mean price target of $50.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $46.80, Change: $+0.32, Percent Change: +0.69%
PayPal Holdings (PYPL) has an average rating of Hold and mean price target of $50.15, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our target price by $7 to $53, applying a forward P/E of 9.2x our 2027 EPS view vs. PYPL's three-year historical forward P/E average of 12.2x and the peer average of 8.3x. We keep our 2026 EPS estimate at $5.43 and decrease 2027's to $5.78 from $5.95. New CEO Lores introduced a much-needed strategic framework in his first quarter, reorganizing the company into three distinct business units to improve focus and accountability. The plan is underpinned by a major cost-saving initiative of at least $1.5B and a renewed emphasis on modernizing the tech stack with AI. We view this as a necessary foundational reset, with management finally acknowledging past issues and laying out a clear, albeit challenging, path forward. This cautious outlook was underscored by weak Q2 guidance, even as the company reiterated its full-year targets. While core branded checkout growth remains tepid, we are encouraged that other areas like Venmo and PSP continue to show strength, providing a buffer during this transition.
Financial stocks advanced in late Tuesday afternoon trading with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.2%.The Philadelphia Housing Index gained 2.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) increased 0.3%.Bitcoin (BTC-USD) rose 2.1% to $81,532, and the yield for 10-year US Treasuries shed 3 basis points to 4.416%.In economic news, two surveys painted a mixed picture of the US services sector in April, with Institute for Supply Management data showing a deceleration in growth and an S&P Global (SPGI) report indicating a return to expansion.The US trade deficit grew in March as imports outpaced record-high exports, government data showed. The goods and services deficit widened 4.4% sequentially to $60.31 billion on a seasonally adjusted basis. The consensus was for a deficit of $61 billion in a Bloomberg survey.In sector news, the US Securities and Exchange Commission proposed rule and form amendments that would permit public companies to file semiannual reports in lieu of quarterly reports.In corporate news, Citigroup (C) plans to introduce new medium-term profitability targets at its investor day on Thursday, Reuters reported, citing an interview with CEO Jane Fraser. Citi shares rose 2.1%.PayPal (PYPL) plans to target at least $1.5 billion in cost cuts over the next few years, while the company maintained its full-year earnings outlook. The shares slumped 8%.Coinbase (COIN) is reducing its global workforce by 14%, citing the need to cut costs amid market volatility and the ways AI has optimized its operations. The shares fell 2.8%.Bullish (BLSH) shares jumped 11%. The company agreed to acquire transfer agent Equiniti for $4.2 billion in stock from private-equity firm Siris.
Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index rising 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) falling 0.2%.The Philadelphia Housing Index gained 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) increased 0.1%.Bitcoin (BTC-USD) rose 1.7% to $81,234, and the yield for 10-year US Treasuries shed 3.2 basis points to 4.41%.In sector news, the US Securities and Exchange Commission on Tuesday said it proposed rule and form amendments that would permit public companies to file semiannual reports in lieu of quarterly reports to meet their reporting obligations.Amazon-backed (AMZN) Anthropic said it introduced 10 new artificial intelligence agents to support banks, asset managers, and insurers in executing the most time-consuming processes in financial services. These AI agents can draft pitch decks for client meetings, review financial statements, evaluate KYC files, and help with accounting, the company said.In corporate news, PayPal (PYPL) plans to target at least $1.5 billion in cost cuts over the next few years, while the company maintained its full-year earnings outlook. The shares slumped 9.5%.Coinbase (COIN) is reducing its global workforce by 14%, citing the need to cut costs amid market volatility and how AI has optimized its operations. Its shares fell 3.7%.Bullish (BLSH) shares jumped past 11%. The company on Tuesday agreed to acquire transfer agent Equiniti from private equity firm Siris in an all-stock deal worth about $4.2 billion.
Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index rising 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) falling 0.2%.The Philadelphia Housing Index gained 1.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) increased 0.1%.Bitcoin (BTC-USD) rose 1.7% to $81,234, and the yield for 10-year US Treasuries shed 3.2 basis points to 4.41%.In corporate news, PayPal (PYPL) plans to target at least $1.5 billion in cost cuts over the next few years, while the company maintained its full-year earnings outlook. The shares slumped 9.1%.
All three major US stock indexes were up in late-morning trading Tuesday, as oil prices slid despite new attacks in the Strait of Hormuz.In company news, PayPal (PYPL) reported Q1 non-GAAP earnings Tuesday of $1.34 per diluted share, up from $1.33 a year earlier and above the FactSet consensus estimate of $1.27. Net Q1 revenue was $8.35 billion, up from $7.79 billion a year ago and above the FactSet consensus of $8.05 billion. For Q2, the company said it expects to post a roughly 9% decline in non-GAAP EPS from $1.40 a year earlier to about $1.27. Analysts polled by FactSet expect $1.34. Additionally, PayPal is planning to cut around 20% of its workforce over the next two to three years, Bloomberg reported Tuesday, citing a person familiar with the matter. PayPal shares were down 8.1% around midday.Palantir Technologies (PLTR) reported Q1 adjusted earnings late Monday of $0.33 per diluted share, up from $0.13 a year earlier and above the FactSet consensus of $0.28. First-quarter revenue was $1.63 billion, up from $883.9 million a year ago and above the FactSet consensus of $1.54 billion. For Q2, Palantir said it expects revenue of $1.797 billion to $1.801 billion, above the FactSet consensus of $1.68 billion. For full-year 2026, the company said it expects revenue of $7.65 billion to $7.66 billion, above the FactSet consensus of $7.24 billion. Palantir shares were down 6.3%.Alphabet (GOOG, GOOGL) will raise at least 9 billion euros ($10.5 billion) from its biggest ever euro-denominated bond sale, Bloomberg reported Tuesday, citing a person familiar with the matter. Separately, Alphabet's Google DeepMind, Microsoft (MSFT) and xAI signed new agreements with the Center for AI Standards and Innovation to assess AI security issues before they are released, CAISI said Tuesday. Alphabet's Class C shares were up 1.4%, while its Class A shares were up 1.5%. Microsoft shares were down 0.8%.Apple (AAPL) has held early talks with Intel (INTC) and Samsung Electronics on producing key device processors in the US, Bloomberg reported Tuesday, citing people familiar with the matter. Apple shares were up 1.1%, and Intel shares were up 13.8%.Shopify (SHOP) reported a Q1 loss Tuesday of $0.45 per diluted share, narrowing from a loss of $0.53 a year earlier. Analysts surveyed by FactSet expected earnings of $0.24. First-quarter revenue was $3.17 billion, up from $2.36 billion a year ago and above the FactSet consensus of $3.11 billion. Shopify shares were down 11%.Pfizer (PFE) reported Q1 adjusted earnings Tuesday of $0.75 per diluted share, down from $0.92 a year earlier but above the FactSet consensus of $0.72. First-quarter revenue was $14.45 billion, up from $13.72 billion a year ago and above the FactSet consensus of $13.84 billion. The company reaffirmed its full-year 2026 EPS and revenue guidance ranges of $2.80 to $3.00 and $59.5 billion to $62.5 billion, respectively. Analysts polled by FactSet expect $2.96 and $61.38 billion, respectively. Pfizer shares were down 0.7%.Price: $46.33, Change: $-4.06, Percent Change: -8.06%
Showing 1-20 of 34