38.01 +0.07 (0.20%)
After hours: 4:23PM EDT
|Bid||37.70 x 800|
|Ask||38.08 x 4000|
|Day's Range||37.80 - 38.28|
|52 Week Range||33.89 - 46.99|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Jim Cramer sits down with PayPal CFO John Rainey to discuss how his company sees a nearly two-billion-person global opportunity.
Amazon’s (AMZN) e-commerce success seems to be having a spillover effect. Growth for third-party merchants means Amazon makes more money, too. Amazon’s e-commerce dominance and its massive user base make it compelling for merchants to sell their products on the platform.
PayPal Holdings Inc. said Thursday at its analyst day in San Francisco that it is raising its three-to-five-year outlook. The company now expects adjusted earnings growth of 20% and revenue growth of about 18% Following the lapse of the payment company's agreement with eBay , executives told analysts that the company plans to spend $1 billion to $3 billion on mergers and acquisitions to expand its merchant and financial services products, according to The Wall Street Journal. Chief Financial Officer John Rainey said that the company plans to return as much of half of its free cash flow to shareholders.
PayPal Holdings Inc (NASDAQ:PYPL) has $7 billion of cash in the bank and no debt. Given its persona as the once-exclusive payment processor for mother ship eBay Inc (NASDAQ:EBAY) and recent parent of peer-to-peer payment app Venmo (extremely popular with millennials and Gen Zers), it seems more like a debt-fueled young tech firm launched out on its own from its mother ship. PYPL has had a very busy 2018.
Baidu (BIDU) has generated investor returns of 3.2% in the trailing-one-month period and 25.2% in the trailing-12-month period. The company’s share price has fallen 11.8% in the trailing-five-day period.
Twitter boasts a total economic or enterprise value (or EV) of $21.8 billion. In comparison, eBay (EBAY), PayPal (PYPL), Yelp (YELP) and Yandex (YNDX), Twitter’s peer companies in the Internet sector, have enterprise values (or EV) of $42.6 billion, $90.7 billion, $2.9 billion, and $10.4 billion, respectively.
is hosting an investor day on Thursday, May 24, in San Francisco, and analysts from RBC Capital Markets have some questions for senior management. In a note Wednesday, May 23, RBC said it expects PayPal will focus on "controlling the narrative" around three central themes: competition, the eBay transition and capital redeployment. PayPal has faced an expanding competitive landscape as more technology companies move into financial services and more big banks offer cashless transactions and app-based amenities.
PayPal Holdings could pick its analysts day on Thursday as the right time to announce a stock buyback, says a Morgan Stanley analyst.
An Amazon seller is suing Morrisville-based ChannelAdvisor in federal court, asking for compensatory damages of $2 million for what it’s calling a breach of contract.
This is one party favor you might actually be glad to take home — and then sell on eBay. The “Official Royal Wedding Gift Bag,” bestowed upon members of the public who watched the union of Britain’s Prince Harry and Meghan Markle, has received bids on eBay of up to 20,400 British pounds (just over $27,400). The gift bags are not exactly rare.
PayPal Holdings Inc. is in a far different place than it was two years ago at its first analyst day, but its story remains controversial. Last time around, PayPal (PYPL) had been a standalone company for about a year but its stock had gone nowhere amid worries about competition from the big banks and financial networks. By now, PayPal has put those doubts to rest and its shares have rocketed higher, but there’s concern on Wall Street about whether the company can find enough new growth avenues to justify its lofty price.
The Campbell-based company was reportedly valued at about $700 million last year when Hillhouse, one of China's biggest private equity investors, poured $250 million into it.
Ebay Inc. has launched a new Interests feature that will narrow down the site’s 1.1 billion items to those things that individual shoppers will be most likely to buy. Ebay has 171 million active global consumers, the company said. Among them are a set of loyal customers who are into everything from Star Wars to a particular sports team, some of them visiting daily, according to Bradford Shellhammer, head of browse and personalization for eBay (EBAY).
Shares of PayPal Holdings Inc. are up 0.4% in premarket trading after Instinet analyst Bill Carcache raised his price target on the stock to a Street-high $100, from $98 previously. "We expect the upcoming investor day to serve as a positive catalyst and highlight three focus areas that we think will reignite investor enthusiasm," Carcache wrote.
Amazon (AMZN) is hiking its Prime membership annual subscription fee by $20 to $119 per year from $99. This rise in the annual fee came only a few months after Amazon hiked its monthly Prime membership fee by more than 18% to $12.99.
Amazon (AMZN) stock has gained 11.9% in the last month, 66.6% in the last 12 months, and 0.09% in the last five days. In the last trading session, Amazon (AMZN) was trading 10.5% below its 100-day moving average, while peers eBay (EBAY) and Yelp (YELP) were trading 4.2% and 4.8% above their 100-day moving averages, respectively, and PayPal (PYPL) Groupon (GRPN) were trading 1.0% and 1.8% below their averages.
Amazon (AMZN) had expressed interest in acquiring Flipkart to try to keep Walmart (WMT) away from India’s fast-growing online retail sector, according to media reports. Alphabet’s (GOOGL) Google may join Walmart’s investment in Flipkart.
have come under fire from shareholder groups for trying to neuter a burgeoning campaign to strengthen investor oversight of management. A corporate governance movement to make it easier for shareholders to call special meetings, by lowering the required level of investor support, has gathered momentum in the past year. JPMorgan won support for the status quo in a contentious vote earlier this week, and the issue is set for another showdown at eBay later this month.
Is it possible that, one day, someone would invest in an index of Michael Jordan shoes as opposed to commodities on the New York Stock Exchange? According to Josh Luber, this could be the future of investing. In Luber's words, it's "basic econ 101" that a style of shoe with only 10 available pairs will sell for much higher on the resale market than a style of shoe with thousands of available pairs.