Paypal Stock News

Paypal (PYPL) closed at $98.55 in the latest trading session, marking a -1.67% move from the prior day.

A weekly look at the most important moves and news in crypto and what's on the horizon in digital assets.

As the war in Ukraine continues, companies as varied as Exxon, Visa, McDonalds and Coca-Cola have suspended sales in Russia. Tech companies like Adobe, Apple, and PayPal have joined in over the last couple of weeks. We queried the world’s top cloud infrastructure vendors including Amazon, Microsoft, Google, IBM and Cloudflare to find out how […]

As the war in Ukraine continues, companies as varied as Exxon, Visa, McDonalds and Coca-Cola have suspended sales in Russia. Tech companies like Adobe, Apple, and PayPal have joined in over the last couple of weeks. We queried the world’s top cloud infrastructure vendors including Amazon, Microsoft, Google, IBM and Cloudflare to find out how […]

The company enjoyed consistent growth in all areas.

Kenya’s leading telecom Safaricom Plc announced that its mobile money service M-PESA has surpassed 30 million monthly active customers mainly driven by its business usage. Launched 15 years ago on 6 th March 2007, Kenya remains M-PESA’s most active market accounting for more than 30 million of the service’s 51 million customers across Kenya, Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho, Ghana and Egypt. The telco said that the last two years have seen M-PESA record explosive growth in business usage with the number of businesses accepting payments on its Lipa Na M-PESA service more than doubling from 173,000 in April 2020 to more than 387,000 today. M-PESA Regional Expansion Safaricom has set up both local and global partnerships that enable customers to send and receive money, and to make payments across the world including with PayPal, AliExpress and Western Union. Safaricom and its parent Vodacom are focusing on growing the service in other markets with a goal of bringing them to the same level of maturity as Kenya.

While war is the biggest black swan for civilization -- after pandemic -- a glimpse of calm surfaces.

Bank of America and Morgan Stanley have opposing views on future of the online payments company.

The market has turned negative on the stock, but PayPal is still a force in digital payments.

PayPal stock was downgraded by BofA Securities, but Morgan Stanley is standing by shares of the payments platform.

Investors shrugged off negative news and looked for values among beaten-up growth stocks.