PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer spending
1. PayPal is exposed to tariff-related volatility affecting 90% of its revenue. 2. The end of de minimis trade exemptions threatens low-cost e-commerce volume. 3. Analysts foresee only 2% revenue growth for PayPal this quarter. 4. Higher tariffs are expected to pressure e-commerce sales and margins. 5. PayPal's stock has dropped 23% amid broader market uncertainty.