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PayPal Holdings (PYPL) Stock News, Jan-May 2024

PYPL NASDAQ

PayPal Holdings, Inc. reports developments across its global digital payments platform for consumers and businesses in approximately 200 markets. News commonly covers PayPal checkout, merchant payment processing, Venmo money movement, Braintree and small-business processing, crypto capabilities including PYUSD, and product extensions such as Payment Links and PayPal Ads ID.

Company updates also include earnings releases, partnerships that embed PayPal or Venmo into ticketing, commerce and creator workflows, merchant acceptance additions, rewards programs, board and executive changes, and operating-structure announcements involving its consumer, merchant, processing and crypto businesses.

Rhea-AI Summary

PayPal Holdings, Inc. has appointed Steve Winoker as Chief Investor Relations Officer, effective May 15, 2024. With a background in equity analysis and operations, Winoker aims to communicate PayPal's vision and progress to the financial community. He joins from GE, where he led the top-rated Investor Relations program.

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PayPal Holdings, Inc. (NASDAQ: PYPL) released its first quarter 2024 results, reporting a 9% increase in revenue to $7.7 billion, with a 10% increase on a currency-neutral basis. The company saw an 18% increase in GAAP EPS to $0.83 and a 27% increase in non-GAAP EPS to $1.08. PayPal also reported growth in total payment volume, payment transactions, and active accounts. The company returned $1.5 billion to stockholders through share repurchases.

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FAQ

What is the current stock price of PayPal Holdings (PYPL)?

PayPal Holdings (PYPL) last closed at $59.48.

What is the market cap of PayPal Holdings (PYPL)?

The market cap of PayPal Holdings (PYPL) is approximately $49.4B.