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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
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
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
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
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
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
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
PayPal plans to acquire shopping and deal-hunting platform Honey for $4 billion, its largest acquisition to date.
Online payments giant PayPal announced Wednesday that it plans to buy Honey, a company that makes b…
Bani Sapra
PayPal invested $500 million in Uber's IPO. The company has lost $215.7 million on that investment since.
The investment in Uber weighed on PayPal even before the losses in November. During the company's t…
Carmen Reinicke
PayPal slammed after eBay snubs it for another payment partner
Learn more:Credit Card Industry and MarketMobile Payment TechnologiesMobile Payments IndustryMobile…
Kimberly Chin
CREDIT SUISSE: Apple will never catch Venmo
"We do not see these as meaningful threats to PayPal (which has first-mover advantage)," analyst Pa…
Graham Rapier
PayPal is investing $500 million into Uber as part of its $90 billion IPO
In its filing, Uber wrote: "PayPal, Inc. has entered into an agreement with us pursuant to which it…
Shona Ghosh
PayPal already lost $37 million on the Uber investment it just made as part of the IPO
Ultimately, how Uber performs over the longterm is what matters for PayPal's finances. In addition …
Becky Peterson
PayPal and Square's Cash App have scooped up 100% of newly mined bitcoins, report says
One of the key catalysts for Bitcoin's rally is the ease of investing via PayPal, Cash App, and Rob…
Shalini Nagarajan
Cathie Wood's Ark Invest is betting heavily on Jack Dorsey after snapping up $62.6 million in shares of Block and dumping Twitter
Cathie Wood's Ark Invest funds bought almost 550,000 shares in Block after the stock slid almost 11…
Hamza Fareed Malik
The New York City offices of PayPal and Venmo have candy drawers, Taco Tuesdays, and a conference room so cushy that employees take off their shoes
Business Insider recently visited PayPal's Manhattan office - which it shares with Venmo. PayPal ac…
Áine Cain,Sarah Jacobs
Coinbase slips to lowest point since its debut as bitcoin plunges below $50,000
Coinbase's stock is heavily tied to bitcoin, said Dan Dolev of Mizuho Securities. Shares fell for t…
Emily Graffeo
Carl Icahn Wants eBay To Take 20% Of PayPal Public
We believe PayPal has a significant opportunity to expand its product offerings to include check wr…
Jillian D'Onfro
George Soros made a big bet on Paypal
Other new holdings for Soros' fund include CIT Group, in which the fund invested more than $112 mil…
Jonathan Marino
Nasdaq drops 3.7% as Meta earnings disaster sends investors fleeing tech shares
In addition to Meta's dive, other social media stocks sold off as did stocks with exposure to the m…