|Bid||84.60 x 1000|
|Ask||84.96 x 900|
|Day's Range||82.92 - 86.16|
|52 Week Range||68.61 - 93.70|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||50.49|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||97.86|
Stocks closed mixed on Friday with the S&P closing lower for the 10th time in the past 12 trading sessions.
Markets soaring today after shrugging off the latest news that China's economic growth slowed down to its weakest levels in nine years. Yahoo finance's Seana Smith, Adam Shapiro and Jennifer Rogers discuss.
American Express, PayPal, Ford, Apple and Tesla are the companies to watch.
Jim Cramer and PayPal CFO John Rainey break down the financial technology company's strong earnings and the "inflection point" in its millennial-focused payment app, Venmo.
NEW YORK (AP) — U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued to sell former favorites like retailers. Household goods makers rose again as a week of choppy trading concluded.
CEO Dan Schulman outlined a study indicating the harm that eBay's decision to drift away from its trusty payment partner will bring. EBay first reported its plan to cut ties with its long-time strategic partner PayPal in January. "The sellers that eBay and PayPal share demand to have PayPal," Schulman explained in an earnings presentation Thursday night.
Rainey discusses the "inflection point" in PayPal's millennial-focused payment app, Venmo. A quarter of Venmo users are currently using PayPal's PYPL millennial-friendly payments app in a way that the financial technology company can monetize, PayPal Chief Financial Officer John Rainey told CNBC on Friday.
The phrase is becoming the payment equivalent of "Google it," which is money to the ears of PayPal investors. "I'm especially pleased with the strong overall momentum surrounding Venmo," PayPal CEO David Schulman said. Schulman said monetization of the popular platform, while still in the formative stages, is at a "tipping point." He said that as of the last quarter about one in four Venmo users had made some kind of monetizable action.
It’s been more than three years since eBay completed its spinoff of PayPal, but the companies’ fates are still intertwined—and not necessarily to each others’ benefit.
Stocks that moved substantially or traded heavily Friday: Procter & Gamble Co., up $7.06 to $87.30 The consumer products company reported a greater-than-expected profit as beauty product revenue rose. ...
An unwelcome acquisition, a hint of trouble from a key partner, and a shift from optimism to pragmatism put these companies' stocks well in the red for the day.
The two payment processors will have time to grow user bases before turning their swords on each other, according to Shawn Cruz, Manager of Trader Product and Business Strategy at TD Ameritrade. "Everyone poo-pooed Facebook, asking how they could make money, but now that's obvious," he said. PayPal's Venmo has been able to capitalize on its growing user base already.
The Dow Jones Industrial Average rose slightly Friday, holding on to slim gains after suffering losses of more than 300 points in the previous session. rose 7.8% after the consumer products giant posted fiscal first-quarter sales and earnings that topped estimates. The Dow Jones Industrial Average rose 64.89 points or 0.3%, to 25,444.34, the S&P 500 lost one point and the Nasdaq fell about 0.5%.