PayPal Holdings Inc

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

PayPal, Airbnb, Match Group, Caesars, and more

A sign is placed outside PayPal’s headquarters in San Jose, California. Justin Sullivan | Getty Images Check out which companies are making the headlines in extended trading. Match Group — Shares of the dating app operator fell 23% after the company reported revenue of $795 million for the second quarter, compared to FactSet’s estimate of …

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What Cramer Watches Tuesday – Oil Outlook, Pinterest and Uber Rise, Caterpillar Stumbles

What I look forward to on August 2, 2022 Is the oil gone? I thought it had staying power here, but the cartographer who called the WTI peak around $110 a barrel on “crazy money,” says Carly Garner, now says the next stop is the $85 to $80 range. West Texas Intermediate crude is below …

What Cramer Watches Tuesday – Oil Outlook, Pinterest and Uber Rise, Caterpillar Stumbles Read More »

Activist Elliott is taking interest in PayPal. This is what could be next for the payments giant

The PayPal logo is displayed on the smartphone screen with a stock market graphic in the background. Omar Marquez | SOPA photos | Light Rocket | Getty Images Company: PayPal Holdings (PYPL) Business: PayPal is a leading technology platform that enables digital payments and simplifies trading experiences on behalf of merchants and consumers around the …

Activist Elliott is taking interest in PayPal. This is what could be next for the payments giant Read More »

Boeing, Hilton, Spotify, Garmin and more

Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue lower than consensus estimates. However, Boeing reported positive operating cash flow and, unlike in previous quarters, saw no production charges for its 737 MAX aircraft. Boeing shares jumped 4.4% in pre-market activity. Hilton Worldwide (HLT) …

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New way to sell Tesla with AXS Investments ETF

Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of its 18 approved single-equity ETFs this month. Funds aim to increase exposure to short-term individual equity investments. It’s designed for active traders, and traders looking to make tactical trading decisions on a daily basis,” the company’s …

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