PayPal Announces $15 Billion Share Buyback Amidst 9% Stock Decline
PayPal exceeded fourth-quarter financial expectations but faced a share decline due to concerns over slowing card processing growth.
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
BTC$62,495.00-2.10%
ETH$1,662.50-3.31%
USDT$0.99890.00%
USDC$0.9998-0.01%
XRP$1.11-1.51%
SOL$69.43-3.23%
TRX$0.329-1.30%
FIGR_HELOC$1.03-0.16%
HYPE$62.14-5.95%
DOGE$0.0788-3.89%
USDS$0.9997+0.01%
RAIN$0.0156-2.27%
LEO$9.54+0.05%
ZEC$416.96-5.64%
XLM$0.1953-3.57%
PayPal shares edged higher after the company applied to launch PayPal Bank, a move that would expand small-business lending.
PayPal exceeded fourth-quarter financial expectations but faced a share decline due to concerns over slowing card processing growth.
Despite PayPal CEO's promise last week, the new AI features unveiled by the company did not quite live up to the "shock the world" expectation.
Three strong buy stocks become more compelling after fake news.
After a double-digit decline in 2023, many see PayPal as a unique investment opportunity due to its low P/E ratio, though that hardly paints the whole…
MetaMask will now offer its users a chance to cash out their ETH to PayPal and bank accounts.
PayPal's Cryptocurrencies Hub feature comes just days after the payments giant unveiled its stablecoin.
Despite previous friction with NYDFS, the crypto builder's reputation grows.
PayPal's stablecoin project could contribute to the widespread acceptance and use of crypto payments.
Huobi aims to become the first crypto exchange to list PayPal's stablecoin PYUSD after its launch.
Wallet-as-a-service providers such as Magic aim to simplify the onboarding process to drive Web3 adoption.
According to a recent filing, PayPal’s cryptocurrency holdings have increased by over $300 million from Q4 2022.
PayPal reported $604M in crypto holdings at the end of 2022, 90% of which were BTC and ETH.