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PayPal Soars To New Heights: Why Analysts See More Upside
Benzinga· 2024-10-01 01:01
There aren't many deals to consider for further value in the technology sector. However, one stock is looking to change that narrative by delivering on previous promises. Shares of PayPal Holdings Inc. PYPL have recently made a new 52-week high, now trading near $80 a share for the first time since the first quarter of 2023. The issue becomes whether they can sustain this new price or even reach a higher valuation. According to a few Wall Street analysts, PayPal may be able to do this in the coming quarters ...
PayPal Will Allow Businesses to Buy and Sell Crypto
CNET· 2024-09-29 06:17
文章核心观点 - 支付公司PayPal推出新服务,允许企业买入、持有和出售加密货币,使美国商家更容易使用加密货币进行支付 [1] - 这一举措标志着数字资产功能在企业中的扩展,此前美国证券交易委员会已批准比特币交易所交易基金 [1] - 企业主越来越希望获得与消费者相同的加密货币功能 [1] 关于新服务的总结 - 这一新服务将使加密货币可用于美国"数百万"商家,但在纽约州不可用 [2] - 该公司还允许企业将加密货币外部转移到第三方合格钱包 [2]
Paypal (PYPL) Is Up 9.50% in One Week: What You Should Know
ZACKS· 2024-09-27 01:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
PayPal Targets China With Complete Payments Platform Launch
PYMNTS.com· 2024-09-26 23:27
PayPal launched its PayPal Complete Payments platform in China, saying the solution will streamline payment and receivables processes for businesses of all sizes and support their cross-border transactions.Chinese businesses can use the platform to build trust with their customers and offer a variety of payment options, the company said in a Thursday (Sept. 26) press release.“This launch marks a significant milestone in PayPal’s mission to revolutionize commerce globally, bridging Chinese businesses with co ...
PayPal Business Account Holders Can Buy, Hold, Sell Crypto
PYMNTS.com· 2024-09-26 07:33
文章核心观点 - 公司现已允许美国商户(纽约州除外)直接从PayPal商业账户买入、持有和出售加密货币 [1] - 公司还允许PayPal商业账户持有者向外部区块链账户发送和接收支持的加密货币代币 [1] - 公司表示这些新功能是为了满足商户对加密货币功能的需求 [1] - 公司在2020年就已经允许消费者直接从PayPal和Venmo账户买入、持有和出售加密货币 [1] - 公司在2023年8月推出了名为PayPal USD (PYUSD)的美元挂钩稳定币 [2] - 公司表示将PYUSD推向索拉纳区块链,以提高稳定币的使用速度和降低成本,并为用户提供更多灵活性和控制权 [3]
PayPal Enables Business Accounts to Buy, Hold and Sell Cryptocurrency
Prnewswire· 2024-09-26 03:15
Company also provides the ability for business accounts to externally transfer cryptocurrency SAN JOSE, Calif., Sept. 25, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State. Today's announcement is PayPal's latest step to increase cryptocurrency's utility by making increased functionali ...
PayPal Soars to New Heights: Why Analysts See More Upside
MarketBeat· 2024-09-25 19:16
There aren’t many deals to consider for further value in the technology sector. However, one stock is looking to change that narrative by delivering on previous promises. Shares of PayPal Holdings Inc. NASDAQ: PYPL have recently made a new 52-week high, now trading near $80 a share for the first time since the first quarter of 2023. The issue becomes whether they can sustain this new price or even reach a higher valuation.PayPal TodayPYPLPayPal$78.34 +0.67 (+0.86%) 52-Week Range$50.25▼$78.83P/E Ratio19.73Pr ...
Where Will PayPal Stock Be in 1 Year?
The Motley Fool· 2024-09-25 17:51
It's gaining momentum, and now might be the right time to buy.PayPal Holdings (PYPL 0.86%) might turn out to be one of the year's best turnaround stories. It started the year on a positive note, with a new CEO and trajectory, and so far PayPal stock is up 25% year to date.Let's see if that's likely to continue, and where PayPal might be at this time next year.Platform: ImprovingNew CEO Alex Chriss has a vision to transform PayPal from what he calls a "series of products and services" into a unified, complet ...
Paypal (PYPL) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-09-25 06:51
In the latest trading session, Paypal (PYPL) closed at $78.34, marking a +0.86% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.56%.Coming into today, shares of the technology platform and digital payments company had gained 7.82% in the past month. In that same time, the Computer and Technology sector lost 0.11%, while the S&P 500 gained 1.65%.Market participants will be closel ...
PayPal Increases Investment in Blockchain Risk Management Firm Chaos Labs
PYMNTS.com· 2024-09-21 02:20
PayPal Ventures has announced an additional investment in Chaos Labs, a company providing blockchain risk management.A Friday (Sept. 20) press release announcing the move did not report the amount of the investment.“Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain,” Amman Bhasin, partner at PayPal Ventures, said in the release. “Chaos Labs has emerged as a leading risk authority in the sector and we are th ...