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PayPal lays off 2,500 workers one week after CEO announces 'new chapter'

PayPal will cut 9% of its workforce, adding to a slew of January layoffs. Last week, its new CEO an…

Paul Squire   


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These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970

Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for …

Matthew Fox   


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PayPal plunges 27% as the company issues weak guidance on the back of inflationary pressures

The payments company now sees 2022 revenue growth of 15% to 17%, lower than its projection of 18% i…

Carla Mozée   


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Pinterest drops, PayPal pops after the payments platform says it is no longer exploring acquisition of social media company

Investors were skeptical of the potential deal, as evidenced by PayPal's swift 11% decline after th…

Matthew Fox   


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Pinterest soars 19% on reports PayPal is exploring acquisition of social media company for $39 billion

Bloomberg reported that PayPal is considering paying $70 per Pinterest stock, putting a potential d…

Matthew Fox   


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Paypal says it is looking into developing a dollar-backed stablecoin as payments giant boosts crypto efforts

PayPal confirmed the news to Bloomberg after a developer discovered the evidence inside PayPal's iP…

Isabelle Lee   


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Peter Thiel calls Warren Buffett an enemy of bitcoin and says the investor's criticism of crypto is weighing on its price

Buffett's dismissal of bitcoin as a worthless delusion, and his refusal to own crypto, have slowed …

Theron Mohamed   


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PayPal is reportedly exploring stock-trading service for US customers

To help launch the effort, PayPal hired Rich Hagen to lead a previously unreported division called …

Isabelle Lee   


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PayPal falls after earnings beat estimates but 3rd-quarter guidance disappoints

PayPal sees a "drag" of $485 million on Q3 revenue as eBay payments move off PayPal's platform fast…

Carla Mozée   


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4 mins read

PayPal's CEO search amid an uncertain economy will be no easy task

PayPal has a little less than a year to find a new CEO, but without many internal options the job w…

Dan DeFrancesco   


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2 mins read

Wedbush says Tesla's bitcoin investment will spark further corporate adoption - and highlights 4 stocks already poised to gain from the crypto boom

Shares of PayPal, Square, Mastercard, and Visa could benefit as more institutions adopt cryptocurre…

Emily Graffeo   


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Stock market today: US futures remain buoyant after S&P hits record high

US stock futures powered higher after the S&P 500 index set a new record on Friday, while bitcoin a…

Anil Varma   


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Nancy Pelosi has disclosed her husband's new batch of investments, which include $2.9 million worth of Apple, Disney, PayPal and Amex shares

The disclosure comes ahead of a House panel meeting on whether members of Congress and their spouse…

Cheryl Teh   


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PayPal shares climb as quarterly profits triple amid increasing use of digital payments

PayPal revealed standout earnings with net income of $1.57 billion in its most recent quarter, more…

Will Daniel   


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PayPal jumps 14% after the fintech launches a massive $15 billion stock buyback and receives the backing of Elliot Management

Bank of America said PayPal's commitment to returning cash to shareholders means a dividend could b…

Matthew Fox   


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A Sriracha shortage has boosted the cost of a single bottle to $70. It's cheaper to buy a share of Coca-Cola, PayPal, or Pfizer.

It's cheaper to invest in some blue-chip US stocks such as Coca-Cola, Bank of America and Pfizer th…

Zahra Tayeb   


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Goldman Sachs's US equity chief breaks down how investors can outperform with assets other than big tech stocks

David Kostin suggested investors look for companies that emulate big tech from an earnings, revenue…

Emily Graffeo   


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Legendary investor Bill Miller says bitcoin's resilience 'gets better every day' as demand rapidly exceeds supply

"I think the risks of bitcoin going to zero are much much lower than they've ever been before," sai…

Emily Graffeo   


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4 mins read

Americans agree — companies should invest in workers, including paying employees a livable wage

Recent polling shows that 85% of Americans agree that America's largest companies can help reduce i…

Martin Whittaker   


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From Tesla to PayPal, Carnival to Occidental, here are the 5 best and worst performing stocks in the S&P 500 in 2020

Tech stocks led the market higher in 2020 as companies within the sector were best equipped to faci…

Matthew Fox