Why Block''s Stock Plunged 12.6% on Wednesday

09:19pm, Wednesday, 02'nd Feb 2022 The Motley Fool
PayPal''s results are weighing on Block.
PayPal Holdings <> slumped in trading on Wednesday after PayPal provided weak guidance for 2022 and shifted its strategy to increasing engagement among existing users rather

Alphabets Robust Earnings; PayPals Weak Guidance

09:05pm, Wednesday, 02'nd Feb 2022 ValueWalk
Whitney Tilsons email to investors discussing Alphabet Inc (NASDAQ:GOOGL)s robust earnings; Paypal Holdings Inc (NASDAQ:PYPL)s weak guidance; my letter about PayPal to the CFPB; DWAC investors, watch out for the death spiral; as goes January, so goes the year? Q4 2021 hedge fund letters, conferences and more Alphabets Robust Earnings 1) Internet giant Alphabet (GOOGL) []

PayPal Pukes, Google Gains, Crypto Crokes, Dollar Dumps

09:01pm, Wednesday, 02'nd Feb 2022 Zero Hedge
PayPal Pukes, Google Gains, Crypto Crokes, Dollar Dumps Sigh another day, and yet another ugly macro data point , as ADP employment data crashed most since the COVID lockdown crisis in 2020. That print stole the jam out of the market''s Alphabet-driven overnight donut. However, once European markets closed, the bid resumed, lifting The Dow, S&P, and Nasdaq into the green. S&P 500 closed up 1%, best of the bunch, as Small Caps remained ugly, down 1% on the day)... Dow and S&P gapped open above their 100DMAs and spent the morning battling to cling on to it. Once Europe closed, The Dow extended above its 50DMA and S&P built on its gains above the 100DMA... However, the big stories of the day were in two stocks. Alphabet exploded almost 10% higher today after blockbuster earnings, making new record intraday highs... And Paypal puked hard today (down 25%), with a notable absence of dip-buyers... Its biggest volume day ever and worst day on record (back to its lowest since May 2020)... Source: Bloomberg Treasury yields were all very modestly lower on the day with the belly outperforming (7Y -2bps, 2Y & 30Y unch). 2Y is still lower on the week but the rest of the curve is now basically flat Source: Bloomberg 30Y Yields were all over the pace today (within an interesting post-FOMC range) but closed back at pre-Fed levels...

Why Etsy, Stitch Fix, and Farfetch Stocks Crashed

08:34pm, Wednesday, 02'nd Feb 2022 The Motley Fool
PayPal''s weakness is starting to affect its client retailers.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips PYPL stock is on a rare fire sale lately after it reported worse-than-expected earnings numbers Tuesday. Here''s what analysts think about it. The post Is PYPL Stock a Buy After Earnings Disappointment? 4 Analysts Weigh In on PayPal. appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First
These are the stocks posting the largest moves in midday trading Wednesday.

PayPal, Block, other fintech stocks return to earth after COVID boost

05:40pm, Wednesday, 02'nd Feb 2022 Seeking Alpha
After PayPal Holdings <> stock dives on weak 2022 guidance and a pivot in customer acquisition strategy, against an overall weak backdrop for fintech stocks.Fintech, online
PayPal Holdings Inc (NASDAQ: PYPL ) is plummeting Wednesday after the company reported mixed financial results and issued weak guidance, but Jim Cramer thinks there is a larger underlying issue chasing buyers away from the stock. "The reason why it''s sinking the way that it is, is because people don''t know what the multiple should be because the credibility of the company is so shot," Cramer said Wednesday on CNBC''s "Squawk On The Full story available on Benzinga.com
For startups, if the PayPal experience translates, some user growth from the pandemic period will prove hollow; this could lead to tough quarters this year when stacked up against big 2021 quarters.
For startups, if the PayPal experience translates, some user growth from the pandemic period will prove hollow; this could lead to tough quarters this year when stacked up against big 2021 quarters.

Alphabet, AMD Earnings Help Stock Market Extend Gains, But PayPal Plunges

03:32pm, Wednesday, 02'nd Feb 2022 Investor''s Business Daily
Strong earnings reports from tech companies cheered the stock market Wednesday, which expanded its rebound. The post Alphabet, AMD Earnings Help Stock Market Extend Gains, But PayPal Plunges appeared first on Investor''s Business Daily .

Progressive group adopts Bitcoin as ING and PayPal block donations

03:18pm, Wednesday, 02'nd Feb 2022 Coin Telegraph
Progressive International made another case for Bitcoin as a tool for circumventing the traditional financial system.
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