PayPal sees encouraging growth from Venmo; shares surge after hours
PayPal Holdings Inc. says that its efforts to make money from Venmo are nearing a “tipping point,†news that helped send shares of the payments company up 7% in after-hours trading Thursday......»»
Morrisville e-commerce firm ChannelAdvisor sees stock surge amid digital shift
Shares at Morrisville-based ChannelAdvisor (NYSE: ECOM) shot up more than 10 percent Thursday afternoon, hours after the e-commerce software firm announced what CEO David Spitz described as “record” results. Shares closed at $28.42 Thurs.....»»
PayPal sees strong second quarter as online spending surge
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading......»»
Report says COVID-19 patients respond to Gilead"s remdesivir, shares surge
Gilead Sciences Inc's shares surged 16% in after hours trading on Thursday following a media report detailing encouraging partial data from trials of the U.S. company's experimental drug remdesivir in severe COVID-19 patients......»»
Roku Sees 49% YoY Streaming Growth In Q1
Roku (NASDAQ: ROKU) shares are trading higher after the company issued preliminary first-quarter sales guidance above estimates and expects streaming hours will be 13.2 billion, up 49% year over year. read more.....»»
PayPal shares slide as payments giant lowers revenue expectations for the year
PayPal Holding Inc. CEO Dan Schulman on Wednesday touted second-quarter earnings with “solid†growth following four acquisitions and two significant investments, though the company’s stock dropped 6.8 percent in after-hours trading as revenue .....»»
Ad sales surge at Google parent Alphabet, but so do costs
SAN FRANCISCO (Reuters) - Strong growth in ad sales on Google search and YouTube were not enough to offset a surge in costs at parent Alphabet Inc that shrank the first-quarter operating margin, leaving shares flat after hours on Monday......»»
Delta profit tops estimates as cost controls help offset fuel surge
Delta Air Lines Inc said on Thursday it sees a return to margin growth next year as it posted a estimate-beating rise in quarterly profit on strong demand and tight cost controls, sending shares higher......»»
Venmo, User Growth, Retail And Bank Partnerships: Analysts Discuss PayPal"s Q3
PayPal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings after the close Thursday, and shares were surging Friday morning in reaction to the print. .....»»
Venmo, User Growth, Retail And Bank Partnerships: Analysts Discuss PayPal"s Q3
PayPal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings after the close Thursday, and shares were surging Friday morning in reaction to th.....»»
Earnings Results: PayPal sees record earnings, volume amid sustained e-commerce surge
PayPal Holdings Inc. saw a record amount of volume flow through its platform in the first quarter as the e-commerce wave continued even amid the gradual reopening of the in-person economy......»»
Earnings Results: T-Mobile crushes earnings estimates as subscriber surge continues
Shares of T-Mobile Inc. were up 2.7% in after-hours trading Tuesday after the telecommunications company easily topped first-quarter revenue and earnings expectations while bringing in a surge of new subscribers......»»
Earnings Results: Visa stock gains after earnings beat, return to growth for credit transactions
Shares of Visa Inc. were up more than 1% in after-hours trading Wednesday after the company topped expectations with its latest results and saw a return to growth for credit transactions......»»
Coinbase Headed To $600 — Why Analyst Sees Crypto Exchange As "Must-Own Stock" For Growth, Tech Buyers
An analyst described shares of Coinbase Global Inc (NASDAQ: COIN) as a “must-own” ahead of the cryptocurrency exchange’s record direct listing Wednesday. read more.....»»
Market Extra: GameStop’s 53% surge fueled by a buy/sell ratio of 3-to-1, as ‘meme’ stock crowd emboldened
After taking a pummeling over the first three days of the week, shares of GameStop Corp. soar Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier......»»
Snap stock jumps as much as 8% as the social media site sees delivering years of hefty revenue growth
Snap shares surged as the company said work on its self-serve ad platform puts it on course for many years of strong revenue growth. Snap's CEO Evan Spiegel Getty Images for Snap, Inc. Snap stock jumped as much as 8% on Wednesday, hitti.....»»
PayPal"s finance chief says the company is unlikely to invest in cryptocurrencies, but sees massive potential in digital wallets
Rather than spending cash to invest in cryptocurrencies, PayPal is looking to make investments that drive growth. Spencer Platt/Getty Images PayPal is inter.....»»
Earnings Results: Disney earnings: Surge by Disney+ to nearly 95 million subscriptions leads to surprise profit
Walt Disney Co.'s streaming service, Disney+, proved again to be a big plus during a pandemic that has all but shuttered the Magic Kingdom's other businesses. And that has company shares up 3% in after-hours trading Thursday......»»
NewsWatch: Disney earnings: Surge by Disney+ to nearly 95 million subscriptions leads to surprise profit
Walt Disney Co.'s streaming service, Disney+, proved again to be a big plus during a pandemic that has all but shuttered the Magic Kingdom's other businesses. And that has company shares up 2% in after-hours trading Thursday......»»
PayPal sees Q1 adjusted EPS growth of about 50%, consensus 99c
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Why Overstock Shares Spiked 13% Today
Overstock.com Inc. (NASDAQ: OSTK) shares jumped 13% in the after-hours session on Monday. The surge came as the company announced a partnership with Pelion Venture Partners to oversee the blockchain assets of its subsidiary Medici Ventures. read more.....»»