Welcome to our dedicated page for PayPal Holdings news (Ticker: $PYPL), a resource for investors and traders seeking the latest updates and insights on PayPal Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PayPal Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PayPal Holdings's position in the market.
Rhea-AI Summary
PayPal Holdings, Inc. (NASDAQ: PYPL) announced the appointment of Suzan Kereere as President, Global Markets, effective January 1, 2024. Kereere brings extensive experience in global payments and technology platforms from her previous roles at Fiserv and Visa. She will be responsible for leading PayPal's local businesses and growth strategies worldwide, overseeing global sales and distribution, and driving profitable growth. Kereere's appointment reflects PayPal's commitment to innovation and inclusive culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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Rhea-AI Summary
PayPal Holdings, Inc. (NASDAQ: PYPL) announced senior leadership changes, including the appointment of Isabel Cruz as Chief People Officer, Michelle Gill as EVP, General Manager of Small Business and Financial Services Group, and Diego Scotti as EVP, General Manager of Consumer Group and Global Marketing & Communications. These changes aim to build a high-performing organization, serve customers, and drive profitable growth, emphasizing the company's commitment to customer-centricity and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
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Rhea-AI Summary
PayPal promotes Archie Deskus to Executive Vice President, Chief Technology Officer. Deskus will oversee PayPal's global technology, engineering, and information organizations. She will lead the planning, management, delivery, and transformation of PayPal's technology stacks, systems support, and infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.58%
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Rhea-AI Summary
PayPal reports solid Q3'23 performance with total payment volume of $387.7 billion, growing 15% on an FX-neutral basis. Net revenues reached $7.4 billion, growing 8% on a GAAP basis. GAAP EPS was $0.93 compared to $1.15 in Q3'22. Operating cash flow was $1.3 billion with free cash flow of $1.1 billion. FY'23 net revenues expected to grow ~6%-7% on a spot basis in Q4'23. GAAP EPS expected to be ~$1.20 in Q4'23. FY'23 GAAP EPS now expected to be ~$3.75 compared to $2.09 in FY'22. FY'23 share repurchases expected to reach ~$5 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.58%
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Rhea-AI Summary
PayPal appoints Jamie Miller as Executive Vice President and Chief Financial Officer (CFO), effective Nov. 6, 2023. Miller will be responsible for PayPal's financial strategies and global finance organization. She brings extensive experience in driving strong financial results and operational discipline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.58%
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Rhea-AI Summary
UPS has announced its acquisition of Happy Returns from PayPal, a software and reverse logistics company that enables no-box, no-label returns. The deal will enhance UPS's digital solutions and expand its returns footprint, offering box-free, label-free returns at over 12,000 locations in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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Rhea-AI Summary
PayPal invests in Sweef Capital and Quona Opportunity Fund to support women's economic empowerment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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Rhea-AI Summary
New study shows growing preference for in-person box-free returns, retailers introducing return fees
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.38%
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Rhea-AI Summary
Customers can now use Apple Pay with their PayPal or Venmo credit and debit cards, earning the same cashback and rewards. Mobile wallet usage is increasing in popularity. Transactions made with Apple Pay are secure and authenticated. Customers can easily add their cards to Apple Wallet. In the future, PayPal Business Debit Card and Venmo cards can also be added. Various cashback and rewards are available for different cards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
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Rhea-AI Summary
Uber signs multi-year global deal with PayPal, expanding partnership and leveraging PayPal's services
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
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PayPal Holdings, Inc.
Nasdaq:PYPL
PYPL Rankings
PYPL Stock Data
70.06B
1.07B
0.21%
73.88%
2.04%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
United States of America
SAN JOSE
About PYPL
help us reimagine money. at paypal, we believe that now is the time to democratize financial services so that moving and managing money is a right for all citizens, not just the affluent. we are driven by this purpose, and we uphold our cultural values of collaboration, innovation, wellness and inclusion as our guide for making decisions and conducting business every day. it is our duty and privilege to be customer champions and put those we serve at the center of everything we do. we are one team that respects and values diversity of thought for everyone, everywhere, and we actively seek to create an energizing workplace that brings out the best in all of us. if you’re ready to shape the future of money, join the team at paypal. we're proud to work here. you will be too. paypal is headquartered in san jose, california and its international headquarters is located in singapore. more information about the company can be found at www.paypal-media.com.