“PayPal Holdings Inc. released first quarter results that showed rising sales and profit but a decline in payment volume growth, a closely watched measure of the company’s popularity among customers.    The San Jose, California-based met analysts’ expectations for revenue and exceeded them for per-share earnings last quarter. On a conference call after the report, PayPal said it was pleased with plans to make money from Venmo app, although it didn’t offer specifics. The mixed picture gave investors little reason to boost the shares, which is near a record high. Shares of PayPal have risen 28 percent this year, as analysts expected the company would continue reaping benefits from a strong e-commerce market and hopes that Venmo will soon turn a profit.”