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PayPal's profit push slows unbranded business growth, shares drop 10%
PayPal's shares fell nearly 10% on Tuesday, after the digital payments giant's unbranded card processing business saw a sharp slowdown in growth and its operating margin shrank in the fourth quarter.
PayPal’s card-processing growth slows amid focus on profit
PayPal Holdings Inc. reported slowing growth in its card-processing business even as fourth-quarter earnings topped analysts’ estimates.
PayPal full-year forecast tops estimates amid shift in focus to profitable growth
PayPal (NASDAQ:PYPL)'s earnings outlook for its 2025 financial year beat estimates, while fourth-quarter income also topped Wall Street expectations, in a potential sign of progress in the digital payments group's ongoing drive to improve its services.
CNET on MSN
1h
Will You Owe Taxes With the New IRS Rule for Venmo, PayPal and Cash App Payments?
This new tax reporting rule should not affect your tax liability. If you earn over $400 in income, you need to report it to ...
American Banker
6h
PayPal accelerates AI efforts as competition mounts
With analysts citing pressure from fintechs, CEO Alex Chriss says artificial intelligence is expanding the company's payment ...
9h
PYPL Earnings: PayPal Stock Slumps Despite Beat and Raise
PayPal (PYPL) stock plunged as the company reported a decline in payment transactions, despite earnings beating on both the ...
10h
PayPal 4Q Revenue Rises on Higher Payment Volumes
PayPal said revenue climbed in the last three months of 2024 as payment volumes jumped and its tally of active accounts rose. The digital payments company posted a profit of $1.12 billion, or $1.11 a ...
5d
1099-K tax rules: What to know if you get paid via Venmo or PayPal
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
8h
PayPal forecasts 2025 profit above estimates as turnaround gains traction
PayPal forecast full-year profit above estimates on Tuesday, fueled by a push to revive growth in branded products, improve ...
11h
PayPal reports fourth-quarter earnings beat as growth picks up at Venmo
PayPal also announced a new $15 billion share buyback program, and expects to make around $6 billion in repurchases in 2025.
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