Given PayPal’s (NASDAQ:PYPL) continued, strong growth and its large user base, along with the low valuation of PayPal stock, I continue to believe that the shares will deliver strong returns over the long term. What’s more, the macroec0omic picture, although far from perfect for the company, should enable it to keep posting fairly strong financial results going forward.But PayPal will face steeper competition from Apple (NASDAQ:AAPL) going forward. Although I don’t expect these developments to negatively a ...

With its stock down 80% from its pandemic high and its share of online payments slipping, the fintech pioneer and new CEO Alex Chriss need a win.By Jeff Kauflin, Forbes StaffThe past three years have been tough for PayPal, one of Silicon Valley’s oldest and largest fintech companies, a storied business that counts Elon Musk, Max Levchin, Peter Thiel and Reid Hoffman among its founders and early employees. Its stock has fallen 80% from the $360 billion all-time-high market value it hit in July 2021; the shar ...

Paypal (PYPL) closed at $59.80 in the latest trading session, marking a +1.15% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.25%. Meanwhile, the Dow experienced a rise of 0.77%, and the technology-dominated Nasdaq saw a decrease of 0.79%.Heading into today, shares of the technology platform and digital payments company had lost 4.94% over the past month, lagging the Computer and Technology sector's gain of 8.85% and the S&P 500's gain of 3.59% in that time.The i ...

PayPal has appointed Srini Venkatesan, the former head of Walmart’s U.S. Omni Platforms and Tech organization, as chief technology officer (CTO), effective Monday (June 24).Venkatesan will succeed PayPal’s current CTO, Archie Deskus, who has decided to leave PayPal, the company said in a Thursday (June 20) press release.“After my extraordinary time at PayPal, I have made the decision to start a new chapter,” Deskus said in a Thursday post on LinkedIn.In his new position, Venkatesan will lead the development ...

SAN JOSE, Calif., June 20, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the appointment of Srini Venkatesan as Chief Technology Officer (CTO), effective June 24, reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence (AI) and machine learning, information security, infrastructure operations, and product ...

This isn't empty regret -- the company made a move that I didn't expect.From its spinoff from eBay in 2015 to April of this year, I was a boring buy-and-hold investor of PayPal Holdings (PYPL -1.47%) -- I acquired my position in 2015 and then I never bought or sold a single share for nearly 10 years. However, I finally sold my PayPal position because I believed that there were better opportunities elsewhere.It took roughly one month for me to start second-guessing my decision to sell PayPal. On one hand, I ...

The most recent trading session ended with Paypal (PYPL) standing at $60.64, reflecting a -1.47% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a loss of 0.04% for the day. Meanwhile, the Dow lost 0.15%, and the Nasdaq, a tech-heavy index, added 0.12%.Coming into today, shares of the technology platform and digital payments company had lost 3.99% in the past month. In that same time, the Computer and Technology sector lost 2.27%, while the S&P 500 gaine ...

PayPal Holdings Inc. (PYPL, Financial) is just one of the many fintech companies that, over the past three years, have missed its numbers repeatedly. As one of the most popular payment companies offering ways to send and receive money securely, the company has sharply underperformed.Spun off from eBay (EBAY, Financial) in 2015, this business has grown impressively, doubling from 180 million users in 2015 to 380 million by 2020. The Covid-19 pandemic changed many things that year: it became trendy for paymen ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

PayPal Holdings, Inc. (NASDAQ:PYPL) RBC Financial Technology Conference Call June 11, 2024 12:00 PM ET Company Participants Jamie Miller - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Perlin - RBC Capital Markets Operator Welcome, Daniel Perlin, Analyst, RBC Capital Markets; and Jamie Miller, Chief Financial Officer, PayPal Holdings. Daniel Perlin All right. Well, good afternoon, everyone. Can you all hear me in the back? I feel like it's a little bit muted. There ...