PayPal Holdings, Inc. (NASDAQ:PYPL) First Look Call January 25, 2024 12:30 PM ET Company Participants Alex Chriss - President and CEO Conference Call Participants Alex Chriss Hello, everyone, and welcome to PayPal First Look. This is our exclusive preview of the most impactful innovations we're piloting and bringing to market this year, the innovations we believe will change commerce as we know it. At PayPal, we are on a mission to revolutionize commerce globally. PayPal handles transactions for nearly 400 ...

Financial technology (fintech) has seen healthy adoption over the last decade. An entire generation of teenagers is not thinking twice about going cashless as they can exchange money with friends with just a few taps on their phone. However, the technology is different than the companies that provide that technology. Furthermore, many fintech stocks have underperformed in recent years.  That could be changing. Fintech underpins much of the online, e-commerce space. Also, it’s not surprising that traditional ...

PayPal is introducing what it terms a “reimagined checkout experience” that will reduce checkout times by as much as 50%. In addition, it’s using artificial intelligence (AI) to craft personalized recommendations to consumers and has also announced cash-back offerings that CEO Alex Chriss said will “revolutionize commerce.”The half-dozen products and services, announced Thursday (Jan. 25) are in the pilot phases, with larger rollouts slated for later in the year.Faster CheckoutsThe company’s “Fastlane” serv ...

PayPal Holdings Inc. Chief Executive Alex Chriss says the problems with checkout that the online-payments pioneer set to solve years ago have “really been solved” now. It’s easy to pay with a credit card on the web, and the company faces plenty of competition in the digital-wallet world, including from Apple Inc.’s AAPL, +0.62% Apple Pay, which has been gaining steam lately. Competitive fears have weighed lately on shares of PayPal PYPL, -4.28%, which are off some 80% from their all-time high set in July 20 ...

Company introduces reimagined checkout and guest checkout experiences, new advanced offers platform for merchants, and new consumer app to earn cash back and give customers more reasons to shop with PayPalNew Venmo enhancements enable local small businesses to be discovered and growSAN JOSE, Calif., Jan. 25, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced six new innovations the company is piloting and bringing to market this year to revolutionize commerce through artificial intell ...

Some investors might be surprised to hear that PayPal (PYPL -2.72%) was founded more than two decades ago, with a leadership team that included wildly successful entrepreneurs such as Peter Thiel, Steve Chen, Max Levchin, and Elon Musk. These people have gone on to create other valuable businesses over the years.But it's safe to say that PayPal has been a disappointment for investors more recently. As of this writing, the stock has declined 74% during the last three years, compared to a 14% gain by the Nasd ...

For nearly 60 years, Berkshire Hathaway (BRK.A 1.04%) (BRK.B 1.11%) CEO Warren Buffett has been making his company's shareholders notably richer. Since taking over as CEO in the mid-1960s, the "Oracle of Omaha" has overseen just shy of a 4,500,000% aggregate return in his company's Class A shares (BRK.A), as of the closing bell on Jan. 19, 2024.Although Warren Buffett is fallible just like every other investor, he has a knack for finding value hiding in plain sight. It's why professional and everyday invest ...

In the latest market close, Paypal (PYPL) reached $64.78, with a +1.63% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.29%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 0.43%.Shares of the technology platform and digital payments company have appreciated by 3.07% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.67% and outperforming the S&P 500's gain of 2.08%.The investment community ...

Justin Sullivan Background We have been bullish on PayPal Holdings, Inc. (NASDAQ:PYPL) for some time (you can read our prior coverage here, here, and here), but until now it has not been an easy ride: from the time of publication of our first piece of research, PayPal stock has fallen by ~19%, compared with a 22% gain in the broader S&P 500 (SPY). PYPL vs. SPY (Koyfin) This underperformance has been applauded by PayPal bears who believe that the company's offerings are largely undifferentiated from peers an ...

In August, financial technology (fintech) pioneer PayPal Holdings (PYPL 2.50%) named Alex Chriss as its new president and CEO. Chriss officially took over on Sept. 27. Now four months later, Chriss has scheduled a presentation for Jan. 25. And in an interview with CNBC, he said the presentation will "shock the world."This was Chriss' first interview since taking over at PayPal, and it certainly made an impression with investors. Since Chriss promised to shock the world, PayPal stock is up more than 10%. For ...