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PayPal Stock Drops as Company Outlines Cost Cuts
The Wall Street Journal142d agobearish
PayPal Stock Drops as Company Outlines Cost Cuts

PayPal shares fell 8% Tuesday after the company's CEO said that he thinks PayPal is falling behind other financial services companies. Chief Executive Enrique Lores, who joined the company in March, said he wants to cut down on what he sees as unnecessary layers of the business to spend more on AI and becoming a technology leader.

PayPal (PYPL) Q1 2026 Earnings Transcript
Motley Fool142d agoneutral
PayPal (PYPL) Q1 2026 Earnings Transcript

Enrique Lores: Thank you, Steve, and thank you to everybody for joining us this morning. During my time on the Board, I developed a good understanding of PayPal's strengths, opportunities and areas for improvement.

PayPal Tumbles 10% Despite Q1 Earnings Beat: Is the Venmo Spin-off Enough to Save the Stock?
24/7 Wall St.142d agobearish
PayPal Tumbles 10% Despite Q1 Earnings Beat: Is the Venmo Spin-off Enough to Save the Stock?

PayPal Holdings (NASDAQ:PYPL) shares are tumbling roughly 10% in early trading Tuesday morning to about $45.50, after the company reported a Q1 2026 earnings beat alongside a soft Q2 outlook. The stock closed Monday at $50.39 before the report. The slide extends an already painful run. PYPL stock entered the earnings report down 13% year ... PayPal Tumbles 10% Despite Q1 Earnings Beat: Is the Venmo Spin-off Enough to Save the Stock?

Investing.com142d agobullish
PayPal tops estimates as revenue climbs 7%

Investing.com -- PayPal Holdings, Inc. (NASDAQ:PYPL) reported first-quarter results that exceeded analyst expectations on both revenue and earnings. The company's shares are up 3.2% premarket.

PayPal Stock Rises After Earnings. New CEO Is Off to a Good Start.
Barrons.com142d agobullish
PayPal Stock Rises After Earnings. New CEO Is Off to a Good Start.

Shares of PayPal rose Tuesday after the company reported better-than-expected quarterly earnings. The payments giant reported adjusted earnings of $1.34 a share for the first quarter, up from $1.33 a year ago and ahead of analysts’ consensus estimate of $1.27, per FactSet. PayPal stock jumped 3.1% in premarket trading.

PayPal Earnings, Revenue Beat Under New CEO. Company Aims To Cut $1.5 Billion In Costs.
Investor's Business Daily142d agobullish
PayPal Earnings, Revenue Beat Under New CEO. Company Aims To Cut $1.5 Billion In Costs.

PayPal Holdings on Tuesday reported first-quarter earnings and revenue under a new chief executive that topped Wall Street consensus estimates. PayPal stock rose as the company announced a $1.5 billion cost reduction program over the next two to three years. PayPal earnings for Q1 rose 1% to $1.34 per share on an adjusted basis.

Jobs Report, Tech Earnings: What to Watch This Week
The Wall Street Journal143d agoneutral
Jobs Report, Tech Earnings: What to Watch This Week

Investors won’t get too much of a respite from a big week trading the AI boom, with Palantir, Advanced Micro Devices, and CoreWeave reporting earnings. A bevy of data about the U.S. jobs market will also be watched closely, culminating in April nonfarm payroll numbers Friday.

Ex-PayPal president unveils bullish Bitcoin target
TheStreet147d agoneutral
Ex-PayPal president unveils bullish Bitcoin target

David Marcus worked as the president at fintech giant PayPal (Nasdaq: PYPL) in the early 2010s before moving to Facebook as the vice president of messaging products in 2014. During his tenure at Facebook, he was the co-creator of Diem, a failed cryptocurrency project initiated by the ...