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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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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 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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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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US stocks drop as bank shares slide after Moody's downgrades 10 firms

The ratings giant slashed the ratings for 10 lenders and also put a handful of other banks on watch…

Phil Rosen   


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Charlie Munger was a fraction as wealthy as Warren Buffett. He would've been worth over $10 billion if he'd kept all of his Berkshire Hathaway stock.

Warren Buffett's business partner, Charlie Munger, would be a lot richer today if he hadn't sold or…

Theron Mohamed   


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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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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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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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Global stocks edge higher but oil prices fall as investors mull the economy and await earnings

Stocks rallied sharply in July but many investors believe it's a so-called bear market rally that c…

Harry Robertson   


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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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Affirm tumbles 10% after the buy-now-pay-later fintech's Twitter blunder revealed details of its earnings early

The fintech's shares went on a ride and its results were released early after a now-deleted tweet s…

Shalini Nagarajan   


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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   


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Affirm soars 22% after the buy now, pay later firm posts strong 4th-quarter revenue growth and guidance

The move higher in Affirm extends gains from late last month, when the stock soared more than 20% a…

Matthew Fox   


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Affirm soars 20% with Target adding the buy-now, pay-later service as an option for customers

Affirm stock has more than doubled since the fintech loan company debuted on the Nasdaq in early 20…

Carla Mozée   


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Affirm soars 47% after partnering with Amazon to bring buy now, pay later service to the online retail giant

Buy-now-pay-later services allow customers to make monthly installment plans on purchases of goods …

Matthew Fox   


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Square jumps 12% after it agrees to $29 billion acquisition of buy now, pay later firm Afterpay

A number of companies are jumping into the buy now, pay later space following Affirm's success, inc…

Matthew Fox   


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US stocks gain to kick of the 3rd quarter as bond yields fall on recession fears

Bad news like an economic growth slowdown could be good news for the stock market in the short-term…

Matthew Fox