Against this background, it makes sense that SoFi hasn’t got a physical presence – in this day of social media, an online-only bank, without brick-and-mortar physical branches, shouldn’t be a surprise. SoFi’s customers access their services online, via smartphones and tablets or laptops and PCs, on the bank’s mobile app or website. Also unsurprisingly, SoFi orients itself toward the younger generation, customers who grew up in the digital world, and are comfortable navigating a digital-only bank as they sta ...

Core Viewpoint - PayPal Holdings, Inc. is under investigation for potential violations of federal securities laws following disappointing earnings results and significant stock price decline [1][5]. Group 1: Analyst Expectations and Company Communications - On January 28, 2026, Rothschild & Co Redburn downgraded PayPal's price target from $70 to $50, followed by Morgan Stanley on January 29, 2026, citing slower checkout growth [2]. - Analysts expected mid-single-digit revenue growth and higher earnings per share just before the earnings announcement on February 2, 2026 [2]. Group 2: Earnings Results and Guidance - Actual revenue reported on February 3, 2026, was $8.68 billion, missing the estimate of $8.80 billion by $120 million, a shortfall of approximately 1.4% [3]. - Adjusted earnings per share of $1.23 fell short of the consensus range of $1.30 to $1.33, representing a miss of 5.4% to 7.5% [3]. - The company's forward guidance indicated a decline in transaction margin dollars for 2026, with adjusted earnings per share projected to show a low single-digit decline to a slight positive gain, significantly below market expectations [3]. Group 3: Management Communication and Investigation - During the third quarter 2025 earnings call on October 28, 2025, management did not signal any forthcoming dramatic revisions to the company's outlook [4]. - The investigation will focus on the information available to management prior to the earnings announcement and when the need for lowered guidance became apparent internally [4]. Group 4: Market Reaction - Following the earnings miss on February 3, 2026, PayPal shares dropped 19-20%, reaching approximately $42 and establishing a new 52-week low [5]. - There was a reported sharp increase in short interest as traders anticipated further declines in the stock price [5].

These ten large-cap stocks were the worst performers last week. Are they a part of your portfolio ?PayPal Holdings, Inc. (NASDAQ: PYPL ) decreased 22.92% this week after the company reported worse-than-expected fourth-quarter financial results and named Enrique Lore As CEO. Also, multiple analysts lowered their price forecast on the stock .Novo Nordisk (NYSE:NVO) decreased 17.75% this week after the company reported fourth-quarter financial results. The company expects FY26 adjusted sales guidance to declin ...

Core Thesis - Flywire Corporation is positioned as a leading vertical payments and software company, focusing on digitizing complex payment processes in education, travel, and healthcare sectors, leveraging superior technology for faster settlements and lower fees [3][4][6] Company Overview - Flywire's share price was $14.30 as of January 13th, with trailing and forward P/E ratios of 271.80 and 19.08 respectively [1] - The company was founded to address inefficiencies in international tuition payments, disrupting traditional players by offering a modern, asset-light platform that enhances collection accuracy [4] Revenue Breakdown - Education is the dominant vertical for Flywire, accounting for 77% of its revenue, where it leads in cross-border higher-education payments and is expanding into domestic campus payments [4] - Other growing verticals include travel, healthcare, and a nascent B2B business [4] Strategic Shifts - In response to macro pressures, Flywire has shifted towards disciplined execution and margin expansion, including headcount reductions and a focus on profitability [5] - The acquisition of Sertifi has significantly scaled its travel segment and created cross-sell opportunities, while also reducing the appeal for private-equity takeout [5] Management and Market Position - The management team possesses strong expertise in technology and operations, contributing to high customer retention and expansion [6] - Long-term concerns regarding globalization and student mobility are viewed as cyclical rather than structural, indicating a geographical shift in demand rather than a decline [6] Financial Outlook - Flywire is expected to benefit from improving margins, recurring revenues, and conservative guidance, presenting a compelling risk-reward profile with potential for significant upside from normalized growth and multiple expansion [6]

Core Viewpoint - PayPal is facing significant challenges in recovering to its pandemic highs, with a drastic slowdown in growth leading to a decline in share prices and investor confidence [1][11]. Financial Performance - PayPal's stock is currently trading 86% below its peak as of February 3, with a forward price-to-earnings ratio of 9.2, attracting value investors [2]. - In Q4 2025, online branded checkout experienced only a 1% increase in total payment volume compared to Q4 2024, indicating weakness during a critical holiday season [5]. - The company reported a gross margin of 41.78% and a dividend yield of 0.35%, having paid its first quarterly dividend of $0.14 in December, totaling $130 million in Q4 [9][10]. Management and Strategic Changes - The board of directors has decided to replace CEO Alex Chriss with HP's Enrique Lores, effective March 1, reflecting a lack of confidence in current leadership [1]. - Management's guidance for adjusted earnings per share in 2026 indicates a "low-single digit decline to slightly positive," which was not well received by investors [9]. Market Position and Competition - PayPal's focus on discretionary and online spending, particularly among middle-income demographics, has not been favorable, especially in light of retail weakness in the U.S. [6][7]. - Intense competition from tech giants like Apple Pay and Google Pay is impacting PayPal's market position, as these competitors integrate seamlessly with smartphones [6]. Investment Considerations - Despite its low valuation, PayPal is not currently viewed as an underrated investment opportunity, with investors seeking fundamental improvements before considering the business [11].

Core Insights - The article discusses the author's journey from a political career to value investing, emphasizing the importance of risk management and long-term wealth growth [1] Group 1: Career Transition - The author initially pursued a career in politics but shifted to finance after facing challenges in 2019, recognizing the need for financial stability [1] - A sales role at a law firm from 2020 to 2022 allowed the author to excel and manage a team, contributing to sales strategy development [1] - The transition to an investment advisory role at Fidelity from 2022 to 2023 highlighted a conflict between the author's value investing approach and Fidelity's reliance on modern portfolio theory [1] Group 2: Investment Philosophy - The author emphasizes value investing, focusing on an owner's mindset and a long-term investment horizon [1] - The experience gained from reading annual reports and studying public companies has been instrumental in assessing company prospects based on sales strategies [1] - The author's articles on Seeking Alpha serve as a platform to share investment opportunities discovered through personal investment experiences [1]

今天分享的是：2026以PayPal为例，详解区块链革新支付体系 报告共计：11页 PayPal的区块链革命：当全球支付巨头试图"自我颠覆" 在全球数字支付版图中，PayPal无疑是绕不开的巨人，服务着数亿消费者与商户。然而，一份深度分析揭示，这家看似风光无 限的企业，其内核仍深深捆绑于传统金融体系的"慢车道"之上。它并非独立的银行，而是运行在Visa、万事达卡网络与各大托管 银行之上的"全球虚拟账本"。每一笔便捷的"秒到"支付背后，是PayPal必须向卡组织缴纳的刚性"过路费"，以及为填平银行体系 结算延迟而全球预存的数百亿美元"死水"资金。盈利模式严重依赖时间差与资金沉淀利息，这构成了其光鲜外表下的增长隐 痛。 区块链：PayPal夺回"结算权"的钥匙 正是这种受制于人的困境，推动了PayPal向区块链技术寻求突破。区块链的引入，其意义远不止于提升速度。它正在撼动支付 领域最核心的权力结构——结算权。在旧体系中，"交易完成"与否由银行账本最终裁定，PayPal只是前端体验的优化者。而通过 智能合约实现的链上"原子化结算"，使得资产转移在交易发生时即不可逆地完成，结算的判定权首次从银行回流至平台协议 层。这 ...

Finance Enrique Lores Multinational digital payments company PayPal announced that HP’s chief executive Enrique Lores will succeed Alex Chriss as its next president and CEO. During a 20-year tenure at Intuit, the American technology firm behind Credit Karma and TurboTax, Chriss held various leadership roles. He was overseeing QuickBooks and Mailchimp as executive vice president and general manager of the Small Business and Self-Employed Group when he left in September 2023. The board thanked Chriss for ...

标普全球评级：贝宝（PayPal）首席执行官变更凸显战略挑战 。 来源：滚动播报 ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...