|Bid||141.43 x 800|
|Ask||141.50 x 1000|
|Day's Range||140.01 - 143.37|
|52 Week Range||129.04 - 182.94|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||23.07|
|Forward Dividend & Yield||0.92 (0.64%)|
|Ex-Dividend Date||Nov 04, 2022|
|1y Target Est||N/A|
Morgan Stanley is trimming its forecast for iPhone shipments by 3 million amid slower production in China due to its zero-COVID policies.
Economic uncertainty has battered the stock market this year, sparking recession fears that have driven the S&P 500 and the Nasdaq Composite into bear market territory. During that downturn, PayPal Holdings (NASDAQ: PYPL) has seen its share price nosedive 76%, marking its greatest loss of value since it became a public company (for the second time) in 2015. PayPal operates a two-sided payments network with 432 million active accounts, including 397 million consumers and 35 million merchants.
Twitter Inc plans to change the pricing of its Twitter Blue subscription product to $11, from $7.99, if paid for through its iPhone app and to $7 if paid for on the website, the Information reported on Wednesday, citing a person briefed on the plans. The move was likely a pushback against Apple Inc's 30% cut on any payments made by users via apps on the iOS operating system, the report said. The lower pricing on the website was also likely to drive more users to that platform as opposed to signing up on their iPhones, the report said.