80.20 +0.11 (0.14%)
After hours: 6:03PM EDT
|Bid||80.12 x 800|
|Ask||80.39 x 800|
|Day's Range||79.50 - 81.39|
|52 Week Range||66.16 - 93.70|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||47.70|
|Earnings Date||Oct 18, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||97.84|
Stocks also fell on Wednesday. All the stocks covered have fallen recently, providing compelling entry points for investors to take on new stakes or add to existing positions. With the fourth quarter shaping up to be considerably choppier than many expected, it's time to look at Wall Street and see which stocks the experts are betting on as solid picks amid the selloff.
eBay (EBAY) has experienced the pressure of activist investors before, and it could relive that experience soon. According to a Bloomberg report, eBay could be on its way to face another activist investor push in the near future. That is because several activist investors are believed to be setting their eyes on the company.
former director of Securities and Exchange Commission reporting, has been charged with insider trading, according to a recently unsealed document detailing the charges. acquisition of Xoom Corporation, which at the time was owned by eBay. Long allegedly purchased Xoom call options in late May 2015 shortly after PayPal made its initial acquisition offer.
Square (SQ) runs a Bitcoin trading service, where its Cash App functions like a Bitcoin exchange market. This means people can use Cash App to buy and sell Bitcoin as an investment. Square is scheduled to report its third-quarter earnings results at a time when it has significantly expanded its Bitcoin trading service.
When PayPal Holdings Inc. reports earnings on Thursday, investors will be looking for signs of progress in the company’s newer growth areas.
As Square (SQ) gears up to report its third-quarter results, the company is considering extending its Cash App service beyond its peer-to-peer payment roots by building it into a financial app for everyday use—a dream PayPal (PYPL) also has for its Venmo service. Cash App had attracted more than 7.0 million monthly users as of December 2017. In addition to supporting money transfers between family and friends, Cash App also lets users withdraw their balances from ATMs using an associated debit card known as Cash Card.
PayPal co-founder Peter Thiel has a go-to interview question that forces applicants to argue a point of view. He believes it challenges their thinking and can reveal innovative candidates.
Mobile payments company PayPal (PYPL) partnered with retail behemoth Walmart (WMT) on October 11 to allow PayPal users to deposit cash as well as withdraw money at a brick-and-mortar store. The companies’ partnership could prove a boon to millions of customers who rely on PayPal for digital cash transactions and Walmart for their everyday needs.
Bank earnings helped kick off the busy part of third-quarter earnings seasons late last week. The week of October 15 is also chock-full of major earnings reports from giants like Netflix (NFLX) and Morgan Stanley (MS). With that said, let's look at three other companies that seem like buys ahead of their quarterly earnings releases later this week.
PayPal reports its earnings this week, and analysts are optimistic both about the results and the company’s long-term prospects.
Ryan McQueeney discusses the start of earnings season and Q3 expectations for the technology sector. He also previews reports from three tech companies--Netflix, IBM, and PayPal--coming out this week.
Venture capitalist Peter Thiel was a talking point when he vociferously backed Donald Trump during the 2016 presidential elections, but the Facebook Inc. ( FB) board member and PayPal Holdings Inc. ( PYPL) co-founder, who donated $1.25 million to the president's campaign, has remained relatively quiet on the subject of politics since the election. The funds collected go toward the Republican National Committee, the Donald J. Trump for President campaign and state committees in 11 states. Thiel, who was chosen to be a member of the president's transition team, has defended Trump's stance on trade and slammed Silicon Valley for being a one-party state during an interview. “I thought supporting Trump was one of the least contrarian things I ever did.
Square (SQ) announced earlier this month that it would start extending loans of up to $10,000 consumers as long as they are buying from merchants that use Square products or services. Square’s consumer lending product is called Square Installments. Its launch marks the expansion of the company’s credit business.
Tencent (TCEHY) has recently disclosed that it will invest $180 million for a minority stake in Brazilian financial technology company Nubank, known formally as Nu Pagamentos. Nubank is a provider of digital financial services, including payment processing. Tencent has said that its aim in becoming an investor in Nubank is to help the startup develop into a full-service finance platform for consumers.
As the stock market has cooled in October, the stability of Walmart (NYSE:WMT) has made it a hot stock. The rally began in August after the company reported 4.5% growth in U.S. year-over-year sales . Since then, the shares are up about 8%, while the average Nasdaq stock is down 4%.
PayPal (PYPL) is likely to benefit from growing adoption of its payment solutions and strategic partnerships in the third-quarter 2018.