Streetbeat News

PYPL

PayPal Holdings, Inc.

https://www.paypal.com

Industry

Financial - Credit Services

PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

Open

90.42

Mkt cap

91B

Volume

7.8M

High

91.19

P/E Ratio

21.78

52-wk high

93.66

Low

89.82

Div yield

N/A

52-wk low

55.77

Fidelity Investments is shutting down its savings and rewards app, Bloom, launched two years ago. Customers will be transitioned to Fidelity's main app early next year.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:55 pm

PayPal has launched PayPal Complete Payments in China, an all-in-one platform to support Chinese merchants in global sales. This platform aims to streamline payment processes and enhance cross-border trade capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:02 pm

PayPal is expanding its cryptocurrency services to U.S. business account holders, allowing them to buy, sell, and hold digital assets, except in New York State. This move is part of PayPal's strategy to enhance cryptocurrency utility for merchants. The company has previously launched a stablecoin, PayPal USD, and continues to see interest from investors like Ark Invest.

Portfolio Pulse from Aniket Verma

September 26, 2024 | 3:54 am

PayPal has announced that its U.S. merchants can now buy, hold, and sell cryptocurrency directly from their PayPal business accounts. However, this feature will not be available in New York State at launch.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 7:16 pm

The article highlights significant options activity for several financial stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for PYPL, GPN, SQ, CUBI, V, JPM, COIN, and AFRM, while WFC and USB show bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 5:35 pm

On CNBC's 'Final Trades', analysts discussed stocks like PayPal, Citizens Financial, Cisco, and the iShares U.S. Real Estate ETF. PayPal is making new highs, Citizens Financial offers a strong dividend yield, Cisco is expected to hit a yearly high, and iShares U.S. Real Estate ETF was highlighted as a final trade.

Portfolio Pulse from Avi Kapoor

September 25, 2024 | 12:35 pm

Adobe forecasts a record $240.8 billion in e-commerce spending this holiday season, driven by consumer splurging and discounts. Electronics, apparel, and furniture will see significant sales, with mobile and BNPL purchases rising. Companies like Apple, Sony, Amazon, Best Buy, Walmart, and Costco are expected to benefit.

Portfolio Pulse from Shanthi Rexaline

September 25, 2024 | 12:29 pm

Adobe forecasts a record $240.8 billion in e-commerce sales for the holiday season, driven by consumer spending on electronics, apparel, and furniture. Key beneficiaries include Apple, Sony, Amazon, Walmart, Costco, Best Buy, and BNPL providers like Affirm, Block, and PayPal.

Portfolio Pulse from Shanthi Rexaline

September 25, 2024 | 7:27 am

Unusual options activity has been detected for PayPal Holdings (NASDAQ:PYPL), with a significant amount of money being spent on both bullish and bearish positions. The options trades include 36 calls and 6 puts, indicating a mixed sentiment among investors. The stock is currently trading at $78.21, with analysts providing mixed ratings and price targets ranging from $69 to $94.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 6:45 pm

The CNBC Halftime Report highlighted final trades including PayPal Holdings, Cisco Systems, Citizens Financial Group, and the iShares U.S. Real Estate ETF. These assets were discussed as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 5:00 pm

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