This week, the indexes ended higher and set new records! We've started November with a little rally! Woohoo 😁🙌!
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : 1.78%, closed at $468.53
DIA : 1.07%, closed at $363.3
QQQ : 3.11%, closed at $398.6
Congress passed a $1.2 Trillion infrastructure bill. The bill aims to improve transportation such as trains, airports and busses. It also proposes to create nationwide charging stations for EVs, improve the supply chain and increase access to high-speed internet. Additionally, it aims to help the US become more energy efficient and better manage natural disasters.
The U.S. added 531,000 new jobs in October and unemployment hit a new pandemic low of 4.6%.
Covid Pill 💊
Pfizer stated that their Covid-19 pill is 89% effective at preventing hospitalization and death in high risk people.
Here's earnings for the upcoming week:
Atmos Energy (ATO): 2021-11-10 After Market Close (Estimated EPS: 0.37)
Walt Disney (DIS): 2021-11-10 After Market Close (Estimated EPS: 0.5)
Wynn Resorts (WYNN): 2021-11-09 After Market Close (Estimated EPS: -1.17)
WestRock (WRK): 2021-11-09 Before Market Open (Estimated EPS: 1.13)
Sysco Corp (SYY): 2021-11-09 Before Market Open (Estimated EPS: 0.85)
PayPal Holdings Inc (PYPL): 2021-11-08 After Market Close (Estimated EPS: 0.79)
PayPal Holdings Inc. (PYPL) 🖥 💵
PYPL is a multinational financial technology company that facilitates online payments and money transfers. This company makes it easy to send and receive money. In addition, customers can utilize PayPal for online shopping. Money is consistently being transferred everywhere and PYPL makes money off of these transactions. Let's checkout and look at their fundamentals! 🔎
2020-12-31 : $21.45B
2019-12-31 : $17.77B
2018-12-31 : $15.45B
2017-12-31 : $13.09B
2016-12-31 : $10.84B
2021-07-28 : beat (Estimate: 1.12, Actual: 1.15)
2021-05-05 : beat (Estimate: 1.01, Actual: 1.22)
2021-02-03 : beat (Estimate: 1, Actual: 1.08)
2020-11-02 : beat (Estimate: 0.94, Actual: 1.07)
Historical Stock Price Returns:
3-month : -19.42%
1-year : 11.6%
5-year : 443.78%
PayPal Holdings Inc (PYPL) Max Chart (Yahoo Finance)
PYPL has had a consistent increase in their annual top-line revenue. With the exception of the current dip, we've seen an overall rising trend. PYPL has delivered beats during their last 4 earnings. When we invest in long-term holds, we typically like to see an increasing annual top-line revenue and a consistent, strong upwards trend. Let's see what happens after their earnings are released!
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Who Competes with PYPL?
A few of PYPL's competitors include CME Group Inc. (CME), SVB Financial Group (SIVB) and Interactive Brokers Group, Inc. (IBKR).
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- Call to Leap Team