|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||115.66 - 116.77|
|52 Week Range||74.66 - 119.95|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||63.01|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||116.55|
Bitcoin futures are flirting with $10K, hitting a 15-month high, despite concerns over Facebook's push into the cryptocurrency space. Yahoo Finance's Zack Guzman and Melody Hahm are joined by Kathryn Tuggle, HerMoney Editor-in-Chief, to discuss.
Now it's time to check out three tech stocks that came through our screen today that growth investors might want to consider at the moment...
Alphabet's (GOOGL) Google is integrating deeper with PayPal to boost presence in digital payments industry and be more competitive against Apple, Amazon, Samsung and Square.
(Bloomberg) -- Creandum, an early investor in Spotify Technology SA and iZettle AB, has raised a 265 million euro ($300 million) fund, in a bid to find and back Europe’s next tech superstars.With offices in Stockholm, Berlin and San Francisco, the venture capital fund returned more than $800 million to investors last year after exits from previous investments, such as Spotify, which went public on the New York Stock Exchange, and Small Giant Games, which was acquired by Zynga Inc.With it’s fifth and latest fund, Creandum will continue to target early-stage investments in so-called seed and A rounds in areas including food, health tech, mobility, fintech as well as logistics, manufacturing software and energy."We try to continue to stay small, despite a chance to raise more money," Johan Brenner, the general partner at Creandum, said in an interview, adding the fund’s backers are comprised of 26 investors, including pension funds, endowments and family offices in Europe, the U.S. and Asia.Creandum turned away some investors to keep the fund small, Brenner says, adding that it would help "to focus on the early stage, where we think the best investments can be made and the best returns can be made for our investors."While a larger fund would allow the firm to make many more small investments, Creandum wouldn’t have the time to support the investments and the management, resulting in lower returns, Brenner said. Creandum said it has already made some investments through the new fund that are yet to be announced.Creandum’s fund size compares to peers that have raised much larger pools of capital. Accel, an early investor in Slack Technologies Inc., in May announced it has raised a $575 million fund aimed at nascent companies in Europe and Israel. While European insurer Allianz SE unveiled in February it was increasing the size of its tech investment fund to 1 billion euros.The Creandum II fund, which started in 2007, has returned about 1,000 percent. The fund in May 2018 sold its stake in iZettle to PayPal Holdings Inc. It was also one of the first institutional investors in Spotify in 2008.(Added context on Creandum II fund.)To contact the reporter on this story: Natalia Drozdiak in Brussels at email@example.comTo contact the editors responsible for this story: Giles Turner at firstname.lastname@example.org, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
PayPal Holdings said Friday that its chief operating officer Bill Ready, formerly the chief executive of Braintree and Venmo developer, will step down. PayPal stock fell on the news.
Google and PayPal have been strategic partners for some time. The companies in 2017 announced that PayPal would become a payment method in Android Pay, the service that later rebranded as Google Pay. Last year, users who added PayPal as a payment method on Google Pay could then pay for services like Gmail, YouTube, Google Play and Google Store purchases via a PayPal option in Google Pay.
Shares of the San Jose company dropped after its youngest executive said he planned to quit by the end of the year.
It’s still early days in the race to become the Democratic Party’s 2020 presidential nominee, but a few CEOs of S&P 500 companies already have been voting with their wallets.
Ready joined PayPal in 2013 as part of the acquisition of Braintree, Bank of America's Jason Kupferberg wrote in a note. The executive has a "very favorable" reputation among Street analysts so his sudden departure is at the very least "disappointing." Nevertheless, PayPal has sufficient time to fill the void and find executives to take over his duties. Kupferberg said PayPal won't name a new COO but will likely assign Ready's tasks to other executives.
Amazon (AMZN) unveils AmazonFresh service in Las Vegas which will allow Prime members in the city to get their daily essential goods and grocery items delivered within one or two hours.
Is PayPal Holdings Inc. ready to lose a key executive? The payments company announced late Thursday the “planned” departure of Chief Operating Officer Bill Ready, who will step down from the role in mid-July to “pursue entrepreneurial interests” but remain at PayPal (PYPL) through the end of the year to ease the transition. Analysts found Ready’s decision to leave PayPal “unexpected,” though they generally maintained their optimism about the company.
PayPal Chief Operating Officer Bill Ready is leaving the company at the end ofthe year, PayPal announced via a statement issued on Thursday
PayPal said COO Bill Ready will leave at the end of this year to “pursue entrepreneurial interests.” The company’s chief commercial officer, Gary Marino, retired in April.
Shares of PayPal slip on news that Chief Operating Officer Bill Ready will be leaving the company at the end of the year 'to pursue entrepreneurial interests outside the company.'
Stock futures: Canopy Growth reported a wider-than-expected Q4 loss. PayPal, Lululemon Athletica and Exelixis moved overnight on news.
(Bloomberg) -- Bill Ready, who helped oversee the explosive growth of Venmo and rose to the role of chief operating officer at PayPal Holdings Inc., will depart the company at the end of the year.Ready arrived at PayPal in 2013, when the company acquired Braintree, a startup he ran. Braintree owned the mobile payments app Venmo, which quickly became PayPal’s fastest-growing product.A PayPal spokeswoman said Thursday that Ready’s responsibilities will be assigned to various executives and that the company doesn’t plan to name a replacement operating chief. Ready is expected to explore new entrepreneurial ventures, she said. PayPal shares fell as much as 1.2% in extended trading.To contact the reporter on this story: Julie Verhage in New York at email@example.comTo contact the editors responsible for this story: Mark Milian at firstname.lastname@example.org, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
PayPal Holdings Inc. shares fell 1.1% in after-hours trading Thursday after the company announced that Chief Operating Officer Bill Ready would be leaving the company at the end of the year "to pursue entrepreneurial interests outside the company." Ready joined PayPal when the company made its 2013 acquisition of web-payment company Braintree, which owned popular peer-to-peer service Venmo as well. PayPal disclosed that in conjunction with Ready's departure, he will receive a cash payment of $1.5 million, accelerated vesting of restricted stock units that were set to vest in the year after Ready's exit, and vesting of performance-based restricted stock units that were granted in 2017 and 2018. The company said that Ready would step down from his current role on July 15 but continue his transition out of the company through the end of the year. PayPal shares have gained 41% so far this year, as the S&P 500 has risen 18%.
PayPal Holdings, Inc. (PYPL), global technology platform and digital payments leader, today announced that Bill Ready will transition at the end of 2019 to pursue entrepreneurial interests outside the Company. “Since joining PayPal six years ago, I have had the privilege of working alongside many incredibly talented people, and I am proud of what we as a leadership team have accomplished together,” said Bill Ready. “The transformative work we are doing has positioned PayPal for success well into the future.
Facebook's new digital cryptocurrency sparked swift action in Washington this week, with regulators and lawmakers both saying they planned to take a closer look at the project, and how it’s structured.