PayPal’s Jose Fernandez da Ponte, SVP of Blockchain, Crypto, and Digital Currencies, says blockchain will not replace traditional banking.
PayPal is set to report its fourth-quarter earnings on Feb. 4. The market will pay close attention to the trends in payment transaction volumes and user engagement. Signs of more profitable growth could be a catalyst for the stock to rally higher in 2025.
BTIG analyst Lance Jessurun reaffirmed a Neutral rating on PayPal (NASDAQ:PYPL) stock, expressing caution ahead of the company's fourth-quarter earnings report scheduled for February 4, before the market opens.
PayPal is the most popular digital payments company, with over 400 million users and over 6 billion payments processed per quarter. But while the online payment behemoth is the clear leader in
The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals if they earned more than $20,000 in commercial payments
Bernstein raised the firm’s price target on PayPal (PYPL) to $94 from $90 and keeps a Market Perform rating on the shares. The firm says PayPal
PayPal will pay a $2 million civil fine over cybersecurity failures that led to the exposure of customers' Social Security numbers in late 2022, New York state's Department of Financial Services said on Thursday.
Monness Crespi raised the firm’s price target on PayPal (PYPL) to $120 from $110 and keeps a Buy rating on the shares ahead of Q4 results as
It's almost impossible to predict whether a stock can turn investors into millionaires one day. However, PayPal's durable growth and competitive strengths certainly resemble traits of a high-quality business. It's also very profitable, with an operating margin in the high teen percentages.
Nintendo has announced the Nintendo eShop in Japan starting on March 25 will no longer access payments from [...]
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 63% bearish. Among these notable options, 2 are puts, totaling $213,740, and 9 are calls, amounting to $689,680.
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require third-party payment apps, like PayPal, Venmo or Cash App to report income of over $600 or more per year to the tax agency. The IRS delayed this new reporting requirement in 2022 and again in 2023.