Venmo Introduces Debit Card and Venmo Checkout
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- S&P 500 ends marginally lower as investors focus on US-Iran war
- Oracle triggers force majeure on massive 'Project Jupiter' data center
- Oil gains on little sign of progress in US-Iran talks
- S&P 500 history shows strong gains across Fed hiking cycles: BCA
- JPMorgan upgrades CoreWeave on stronger compute pricing
- Plug Power COO resigns to join another company
- Bloom Energy falls as Oracle invokes force majeure on AI project
- Oracle triggers force majeure on massive 'Project Jupiter' data center
- Oracle Sends Force Majeure Notice Over New Mexico Data Center - Bloomberg
- Akamai signs $11.6B deal with Anthropic, up to $20B potential
Mizuho updates U.S. top picks: Adds CVS Health, PayPal and Oracle
June 4, 2025 8:41 AM EDTInvesting.com -- Mizuho has updated its U.S. Top Picks list for June, adding CVS Health (NYSE: CVS), PayPal (NASDAQ: PYPL) and Oracle (NYSE: ORCL) to its highest-conviction ideas, alongside ConocoPhillips (NYSE: COP), First Solar (NASDAQ: FSLR),... More
PayPal (PYPL) Enhances Popular Online Credit Offering with New Physical Card for In-Store Use
June 3, 2025 9:01 AM EDTToday, PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued by Synchrony (NYSE: SYF). This expands its popular digital PayPal Credit offering to use both online when checking out with PayPal and in-store and everywhere Mastercard® is accepted.
When using the new physical card, customers will also have access to a limited-time offer to... More
Truist initiates coverage on Payments/FinTech stocks
June 2, 2025 8:45 AM EDTInvesting.com --Â Truist Securities initiated coverage on the Payments and FinTech sector with a mixed outlook, assigning 7 Buy ratings, 7 Hold, and 3 Sell ratings.Â
The firm cited a shifting landscape marked by slower growth, rising competition, and macroeconomic headwinds.
We believe the industry is now facing a triple whammy via a slowdown in tailwinds, increased competition following a decade of outsized venture capital... More
Truist Securities Starts PayPal (PYPL) at Sell, 'we also worry that PayPal is increasing its lending business at the wrong point in the economic cycle'
June 2, 2025 6:30 AM EDT(Updated - June 2, 2025 6:30 AM EDT)
Truist Securities analyst Matthew Coad initiates coverage on PayPal (NASDAQ: PYPL) with a Sell rating and a price target of $68.00.
The analyst comments "We agree with many of the strategic changes that the new management team is... More
