PayPal Shares at a 'Solid Entry Point' According to UBS
By Sam Boughedda UBS analyst Rayna Kumar told investors in a note Wednesday that PayPal (NASDAQ:PYPL) could grow revenue at the high end of mid-teens beyond 2022. UBS analyzed the company's...
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If Apple Adds Tap with Venmo, it Could Add 15-20% to PayPal's Top Line - Mizuho
By Sam Boughedda Mizuho analyst Dan Dolev reiterated a Buy rating and $120 price target on PayPal (NASDAQ:PYPL) Tuesday, commenting that if Apple (NASDAQ:AAPL) enables tap with Venmo, it...
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PayPal Price Target Cut to $129 at Morgan Stanley, While Mizuho Makes Case for $150
By Sam Boughedda Morgan Stanley analyst James Faucette lowered the firm's price target on PayPal (NASDAQ:PYPL) to $129 from $137 on Thursday, maintaining an Outperform rating on the...
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PayPal Begins Staff Cuts to Reduce Costs, Reports Bloomberg
By Sam Boughedda Investing.com -- PayPal Holdings Inc (NASDAQ:PYPL) has begun laying off staff in risk management operations in a bid to reduce costs, Bloomberg reported on Thursday. The...
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Here's 3 Tech Stocks Which Hedge Funds were Selling the Most in Q1
As expected, the recent 13F filings showed that hedge funds were exiting the crowded long-tech positions and were investing instead in energy companies to capitalize on the higher oil and...
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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.85%
Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Oil & Gas and Consumer Services sectors propelled shares higher. At the close in NYSE, the...
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S&P 500 Rides Meta Rally Higher as Tech Flexes Muscles
By Yasin Ebrahim Investing.com – The S&P 500 climbed Thursday, as a rally in Meta following better-than-feared results stoked bullish bets on tech and the broader market. The S&P 500 rose...
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Meta Surges in Premarket; McDonald's, Merck, Qualcomm All Rise
By Geoffrey Smith Investing.com -- Stocks in focus in premarket on Thursday, 28th April. Please refresh for updates. Meta Platforms (NASDAQ:FB) rose 14.3% after the owner of Facebook...
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PayPal Reports In-line Results, Analyst Sees Lowered Guidance as 'Likely Final Cut'
PayPal (NASDAQ:PYPL) reported Q1 earnings and {{erl-956170||revenue that matched analyst estimates, driving its shares up more than 2% in premarket trading. The company reported an EPS of...
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Dow Futures Gain, Meta Surges 18% After Earnings
By Oliver Gray Investing.com - Dow futures were trading higher during Wednesday’s evening deals, after major benchmark averages finished slightly higher during regular trading as investors...
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PayPal Reports In-Line Q1 Earnings, But Guidance Miss
PayPal (NASDAQ:PYPL) reported its Q1 results with EPS of $0.88 and revenue of $6.5 billion both in line with the consensus estimates. Revenue growth was 7% year-over-year (and 8% on an...
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PayPal Holdings Inc Earnings, Revenue beat In Q1
Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported on Wednesday first quarter {{erl-956170||earnings that beat analysts' forecasts and revenue that topped expectations. PayPal...
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PayPal Reports In-Line Q1 EPS, Guidance Misses
PayPal (NASDAQ:PYPL) reported Q1 EPS of $0.88, in-line with the analyst estimate of $0.88. Revenue for the quarter came in at $6.4 billion versus the consensus estimate of $6.4...
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Russia Gas Supplies, Big Tech Divergence, Home Sales - What's Moving Markets
By Geoffrey Smith Investing.com -- Microsoft and Alphabet have differing fortunes in the first quarter, as TikTok takes a bigger bite out of YouTube's advertising revenue. The earnings...
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Dow Futures Move Higher Amid Big Tech Earnings
By Oliver Gray Investing.com - Dow Futures moved slightly higher during Tuesday’s evening trade, after major benchmark averages closed sharply lower as investors remained cautious on the...
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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.01%
Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Consumer Services, Basic Materials and Technology sectors propelled shares higher. At the close in NYSE,...
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Midday Stock Movers: Delta, PayPal, AbbVie
By Sam Boughedda Investing.com -- U.S. indices are trading positively Wednesday, with the Nasdaq the biggest mover around lunchtime at +1.45%. Here are the midday movers on Wednesday, April...
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Pre-Open Stock Movers 04/13: ATRS, SRRA, STAB Higher; NSTG, LQDA, BBBY Lower
Pre-Open Stock Movers: Antares Pharma , Inc. (NASDAQ:ATRS) 49% HIGHER; Halozyme (NASDAQ:HALO) Therapeutics, Inc. (HALO) agreed to acquire the company for $5.60 per share in cash, or $960...
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JPMorgan, PayPal, Bed Bath & Beyond Fall Premarket; Delta Rises
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, April 13th. Please refresh for updates. JPMorgan Chase (NYSE:JPM) stock fell 3% after the investment bank...
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After-Hours Stock Movers 04/12: (AFMD) Higher; (NSTG) (LQDA) (HLMN) Lower (more...)
After-Hours Stock Movers:NanoString Technologies, Inc. (NSTG) 29% LOWER; announced preliminary total product and service revenue of approximately $31 million for the first quarter, versus...
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PayPal: BofA Sees In-line Q1 Print, Risk to FY22 Guidance
Bank of America analyst Jason Kupferberg raised the price target on PayPal (NASDAQ:PYPL) to $118.00 per share from the prior $107.00. The analyst expects PYPL to deliver on Q1 expectations...
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Micron, Lululemon and BioNTech Rise Premarket; Five Below Falls
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, March 30th. Please refresh for updates. Micron Technology (NASDAQ:MU) stock rose 3.4% after the company gave...
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Goldman Sachs Starts PayPal, Block at Buy
Goldman Sachs analyst Michael Ng initiated the research coverage on PayPal (NASDAQ:PYPL) and Block (NYSE:SQ) with a Buy rating. On the former, Ng forecasts EPS growth of over 20% after 2022,...
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Bumble, Macy's, Apple Rise Premarket; Stitch Fix Slumps
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, March 9th. Please refresh for updates. Bumble (NASDAQ:BMBL) stock soared 21% after the dating app said...
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Europe’s Most Valuable Fintech Unicorn Klarna Faces Risk of Rising Rates
(Bloomberg) -- Klarna Bank AB is Europe’s most valuable fintech unicorn, a payment pioneer in a booming sector that’s being wooed by London for its potential stock listing. It also has a...
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JPMorgan Strategists Say Buy Stocks as Rate Hikes Now Priced In
(Bloomberg) -- After a bumpy start to the year, the risks facing global stocks are now priced in, according to JPMorgan Chase & Co.'s (NYSE:JPM) Mislav Matejka. Neither the Federal Reserve...
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The Week Ahead - market updates
US jobsThe US economy created 467 000 jobs in Jan, much higher than the consensus expectations for 150 000, notably due to job gains in the leisure and hospitality sector, which confounded...
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Crypto’s Winning Formula: It’s About Investing In Sectors, Not Coins
It cannot be denied, investing in cryptocurrencies like Bitcoin and Ethereum has proven to be a profitable choice. Even after the most recent crypto market pullback, the overall...
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Meta Selloff, Amazon Reports, Jobless Claims, ECB & BOE - What's Moving Markets
By Geoffrey Smith Investing.com -- Facebook (NASDAQ:FB) owner Meta Platforms is set for a $200 billion wipeout when it opens later, after reporting a drop in users and predicting more pain...
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U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.63%
Investing.com – U.S. equities were higher at the close on Wednesday, as gains in the Technology, Utilities and Healthcare sectors propelled shares higher. At the close in NYSE, the Dow...
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Wall St poised for fourth straight gain on Alphabet, AMD results
By Bansari Mayur Kamdar and David French (Reuters) - Wall Street remained on course to extend gains to a fourth straight session on Wednesday after a turbulent start to the year, aided by...
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U.S. Futures Mixed After Stocks Extend Relief Rally, Alphabet Reports
By Oliver Gray Investing.com - U.S. stock futures rose in early APAC deals on Wednesday, after major indices extended gains for a third consecutive session as rising long term bond yields...
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PayPal Holdings Inc Earnings miss, Revenue beats In Q4
Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported on Tuesday fourth quarter {{erl-956170||earnings that missed analysts' forecasts and revenue that topped expectations. PayPal...
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U.S. Futures Edge Lower; Corporate Earnings Ramp Up
By Peter Nurse Investing.com -- U.S. stocks are seen opening marginally lower Tuesday, continuing January’s weak tone as investors cautiously await the release of more important corporate...
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Alphabet, Exxon Earnings, OPEC Forecasts and Fed Comments - What's Moving Markets
By Geoffrey Smith Investing.com -- Alphabet (NASDAQ:GOOGL), Exxon Mobil (NYSE:XOM) and United Parcel Service (NYSE:UPS) release earnings, while the ISM puts out its monthly U.S....
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Russia-Ukraine tension boosts oil prices: 5 key issues on Tuesday
By Laura Sánchez Investing.com - Investors are once again keeping a close eye on the tension between Russia and Ukraine and how it is affecting the price of commodities such as oil and...
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U.S. Stock Futures Fall Following Relief Rally
By Oliver Gray Investing.com - U.S. stock futures were lower in early APAC deals on Tuesday after major benchmark indices finished yesterday’s session with significant gains amid a...
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Canada's Wealthsimple aims for real-world cryptocurrency use as it looks beyond trading
By Nichola Saminather TORONTO (Reuters) - Canadian online brokerage Wealthsimple wants to chart a future enabling the real-world use of cryptocurrencies rather than simply facilitating...
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Crypto in 2022: From crypto adoption outpacing the internet, to which sectors are worth watching out for and everything in between
The markets may be experiencing a volatile start to the year, but 2022 is gearing up to continue the adoption pace of crypto that 2021 set. Looking to the future, crypto is experiencing some...
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