|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||41.66 - 42.98|
|52-week range||13.84 - 49.56|
|PE ratio (TTM)||N/A|
|Earnings date||20 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||40.78|
PayPal (PYPL) and Synchrony Financial (SYF) are portraying their consumer loans deal as a win-win deal. For PayPal, the sale of a portion of its credit business is expected to free up capital and lower the company’s risk profile. PayPal is working to become a one-stop shop for financial services in the digital age.
Payment company Square is "analogous to Amazon or Google in their early days," poised for significant upside, according to one bank.
While PayPal (PYPL) has talked about its customer acquisition rate gaining momentum after it decided to partner with card companies Visa (V) and MasterCard (MA), this boost may just be a beneficial side effect of the partnerships. PayPal went into partnership with Visa and MasterCard with specific goals in mind, namely to enable customers to pay any way they want. At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal CFO (chief financial officer) John Rainey said, “What the network agreements did for us, though, was fundamentally, they’re all about providing our customers choice to allow them the way they – to transact however they want,” adding that “if they want to use a Visa card or a MasterCard or a particular issuer card, they can do that.
PayPal’s (PYPL) sale of its ~$6.0 billion consumer loan portfolio to Synchrony Financial (SYF) doesn’t mean that it is exiting the credit business. PayPal made it clear in its announcement that although Synchrony was purchasing its US (SPY) consumer loan business, it expects to remain in the credit business through its international operations.
Amplify ETFs CEO Christian Magoon thinks investing in blockchain now, will bring returns as big as those from today's FAANG companies.
At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal (PYPL) chief financial officer John Rainey discussed a wide range of issues, including payment digitization. Rainey cited secular trends in the payment market to show that PayPal may have tremendous growth opportunities ahead. Rainey discussed the shift to mobile and the growing number of consumers starting their shopping trips on mobile devices.
Since e-commerce is making its space in the global economy, all the issues that were there in physical transactions are being eliminated. Visa’s (V) partnership with Square (SQ) is being looked on positively. In a conference call, Visa’s management highlighted Square’s contribution to the digital world.
Jim Cramer gauged the speculative potential of the cannabis, cryptocurrency and chipmaking markets for individual investors.
Mobile payments are exploding in the restaurant industry, making it more convenient than ever to order and pay for food. Here are three of the best ways to capitalize on this trend.
Square popped 7.5% on Friday, moving above its 50-day moving average, clawing back from a sell-off that followed a Bitcoin-related run-up.
Bitcoin spiked while Ethereum pegged a new high intraday and Ripple backed off Thursday's record levels. Cryptocurrency debit card providers suspended service under orders from Visa Europe.