PayPal is in the hacker and scammer crosshairs as cyberattacks continue—here’s what you need to know to protect your account and your money.
PayPal (NASDAQ: PYPL) was a big winner in 2024, with shares rising by 39% for the year. This handily outpaced the S&P 500 and even beat the high-flying Nasdaq Composite index by more than 10 percentage points.
PayPal Chief Product Officer John Kim has entered into a separation agreement with the company and plans to leave his position on March 31, according to a filing with Securities and Exchange Commission on Wednesday.
During the height of the COVID-19 pandemic, PayPal (NASDAQ: PYPL) was a monster stock. The price soared 256% in the 16 months leading up to the peak in July 2021. Unsurprisingly, rapid growth and adoption of its payments platform excited the investment community.
Read here for an analysis of PayPal's potential for growth in 2025, supported by strong cash flow and margins, driving a buy rating and target price of $121.
During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That figure was up 9% year over year and 136% higher than in the third quarter (Q3) of 2019. What's more, revenue in the past five years has climbed at a 12.4% annualized clip. PayPal is clearly still growing nicely.
Shares of financial technology company PayPal (NASDAQ: PYPL) were up 39% in 2024, according to data provided by S&P Global Market Intelligence, compared to just a 23.3% return for the S&P 500. The reality is that PayPal stock underperformed the S&P 500 for three straight years,
PayPal's stock has gained over 40% in six months, but long-term technicals and fundamentals indicate potential overvaluation and weakness. Read more here.
Olé Life, an insurance technology startup that serves markets in Latin America, secured $13 million in funding from investors. The Miami company offers flexible term life insurance policies online and through its mobile app. Olé Life plans to use the capital to grow its customer base and add new products beyond life insurance.
Authorities are warning residents to stay vigilant following an email scam that cost a Hudson Valley family $40,000. According to an announcement from the Putnam County Sheriff's Office on Wednesday,
In a blog article, a victim describes the criminals' approach. It cannot be traced, but Paypal may have already reacted.
PayPal Holdings Inc (NASDAQ:PYPL)., a leading digital payments platform with a market capitalization of $90 billion, finds itself at a critical juncture as it navigates a competitive landscape and implements strategic initiatives to drive future growth.