PYPL Jan 2025 70.000 call
- Yahoo Finance Video
Alternative credit cards? 'Buy now, pay later' loans on the rise
PayPal (PYPL) has adjusted its full year profit forecast, increasing estimates due to robust consumer demand. A survey from LendingTree showed almost 30% of Americans are considering a Buy Now, Pay Later (BNPL) loan this month. The survey also showed that 47% of BNPL users have been late on a payment. LendingTree Chief Credit Analyst Matt Schulz joins Wealth! to give insight into PayPal's BNPL loans and how it impacts consumers. In response to the percentage of people who are late on payments, Schultz states: "It just goes to show that even though these loans can be really useful and can be a great financial tool when you use them wisely, there really is a lot of risk. We have seen really high numbers consistently over the years in terms of the percentage of users who have paid late and unfortunately with the cost of things these days, I don't think those numbers are going to come down anytime terribly soon." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Yahoo Finance Video
PayPal stock soars on 14% rise in Q1 payment volume
Shares of PayPal (PYPL) are rising Tuesday, buoyed by the company's first quarter performance, which saw payment volume surge 14%. The digital payment giant exceeded analysts' revenue expectations, posting a top-line figure of $7.7 billion, beating the Street's estimate of $7.51 billion. Yahoo Finance's Seana Smith and Brad Smith break down the details of the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Investor's Business Daily
PayPal Earnings Beat Views. CEO Chriss Touts 'Transition' Year
PayPal earnings rose 27% under a new accounting methodology. PayPal stock jumped, signaling a move past a consolidation buy point.
