Pedro Bañeres Escribano
Edited
Today our portfolio took a big hit (-1,2%) as one of our biggest position dropped 9% after reports : $PYPL (PayPal Holdings) 📉 Were the reports that bad? Absolutely not! In fact they beat expectations and provided a strong long term look. 💪 Then why did it fall? There are several factors moving sentiment, an important one is there was nothing flashy while investors fear the core business is facing high competition through other giants like apple pay, google pay, and there is still not enough information on paypal implementation of cryptocurrencies as payment to see results yet. ❓❓ The numbers were good but not impressive, and that seems to disappoint in an AI hype market. 🤔 Anyway I encourage you to listen to the ER transcription yourself to get conclusions. Mine is that despite this drop I'm still confident in the company to leave it as my second position only behind $GOOG (Alphabet) 💸
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