PayPal's CEO Alex Chriss is improving company focus, revenue, and earnings with new initiatives.

From Nasdaq: 2024-05-07 19:48:00

During this podcast, topics covered included PayPal’s earnings and why a drop at a specialty insurance company could be a buying opportunity. Tips on meeting a financial advisor and investing in stocks were also shared. For more episodes, visit the podcast center. To start investing, check out the quick-start guide.

PayPal’s CEO, Alex Chriss, is making the company more focused and efficient with revenue growing by 9% and earnings per share up by 27% year over year. Chriss is aiming to grow fraud prevention services, expand Venmo debit card usage and introduce a stablecoin for cross-border transactions. Active accounts grew sequentially, a reversal from recent trends.

PayPal’s revenue and earnings growth, along with the focus on efficiency and new initiatives like fraud prevention and stablecoin introduction, are making the company attractive for investors. The strategic changes by CEO Alex Chriss seem to be paying off, with active accounts showing a sequential increase and a shift towards monetizing Venmo and improving user experience.



Read more at Nasdaq: Is PayPal’s CEO Delivering? | Nasdaq