|Bid||85.60 x 900|
|Ask||86.00 x 1800|
|Day's Range||85.44 - 87.94|
|52 Week Range||70.22 - 93.70|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||49.66|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||99.58|
Years after becoming one of the go-to destinations for iOS jailbreaks, Cydia’s app store is disabling purchases. Founder Jay “Saurik “ Freeman revealed the news via a Reddit post this week recommending users remove PayPal accounts from their profile. Freeman notes his initial plan to shut the service down by year’s end, before ultimately opting to close down the purchasing mechanism this weekend over the PayPal issue.
PayPal has cut ties with a crowdfunding site after it was flooded with alt-right activists on both sides of the Atlantic. SubscribeStar currently hosts a roster of more than 100 “stars”, consisting almost entirely of rightwing activists and pornographers. A slew of rightwing activists began promoting SubscribeStar as their preferred crowdfunding site earlier this month after Patreon, the market leader, banned YouTuber Carl Benjamin, better known as “Sargon of Akkad”, and Milo Yiannopoulos from its site.
Tech stocks have struggled in recent months, but the big drivers haven’t changed. Here are stocks benefiting from the multi-year disruptive trends.
Payments giant Mastercard is IBD Stock Of The Day. Mastercard is showing relative strength, but also highlights just how weak the current stock market is.
The stocks of payment companies like Visa, Mastercard and PayPal had good years in 2018. The investment bank’s technology research team, led by David Togut, combed through the fintech and IT services sectors for companies whose stocks are their best ideas for next year. (MA) (MA): “The multidecade shift from cash and checks to electronic payments should continue to drive strong growth,” Togut writes.
Shares of General Electric (NYSE:GE) are finally on the move, rallying 7% after JPMorgan analyst Stephen Tusa upgraded the stock from sell to hold. After the rally, General Electric stock was promptly rejected from the 21-day moving average.
As Facebook Inc. contends with a deceleration in advertising revenue and PayPal Holdings Inc. looks for more international customers, one analyst argues that the two companies seem like “natural partners.”
Visa and Mastercard are evolving into exciting, modern fintech companies. But do the stocks have strong growth and income characteristics?
In today's stock market, Procter & Gamble and Caterpillar were top gainers in the Dow Jones. PayPal and Tesla buoyed the Nasdaq 100.
An expanded Facebook and PayPal relationship is mutually beneficial and could be a game-changer for PayPal, according to MoffettNathanson.
Dec.13 -- MoffettNathanson Partner and Senior Equity Analyst Lisa Ellis discusses a possible Facebook Inc. and PayPal Holdings Inc. partnership with Bloomberg's Emily Chang on "Bloomberg Technology."