Core Viewpoint - Block's stock surged 19% in pre-market trading following a fourth-quarter earnings report that exceeded expectations and included significant layoffs, which the company attributes to the implementation of AI tools [2][4]. Financial Performance - For the fourth quarter, Block reported earnings per share of $0.65, meeting expectations, while revenue reached $6.25 billion, slightly surpassing consensus estimates. Gross profit increased by 24% to $2.87 billion [4]. - Block raised its 2026 guidance, projecting adjusted EPS of $3.66, which is $0.44 above consensus, and gross profit of $12.2 billion [5]. Layoffs and AI Implementation - The company announced 4,000 job cuts, approximately 40% of its workforce, which investors interpreted as a strategic move to reduce fixed costs rather than a sign of distress [6]. - CEO Jack Dorsey emphasized that AI tools have transformed the operational structure of the company, allowing a smaller team to achieve more [3][12]. - The layoffs are a combination of eliminating overlapping roles and utilizing a proprietary AI tool named Goose, which is designed to automate core activities [13][14]. Business Segments and Growth - Block's growth has been primarily driven by its consumer lending segment, which saw a three-fold increase in origination volume, with 9.3 million consumers using Cash App as their main banking service [7]. - However, the company also faced a 108% increase in transaction and loan losses, attributed to its expansion into higher-risk borrower segments [8]. Industry Context and Future Outlook - The layoffs at Block raise questions about the broader implications of AI on employment within the tech industry, with analysts predicting significant job losses due to AI adoption [9][10]. - Despite the potential for AI-driven layoffs, many companies have yet to effectively implement AI solutions, leading to operational gaps and the possibility of rehiring some laid-off workers [11]. - Dorsey believes that Block is ahead of its competitors in becoming an "intelligence-native company," which he argues will enhance its value and operational efficiency [15].

Core Insights - Evertec reported revenue of $244.83 million for the quarter ended December 2025, marking a year-over-year increase of 13.1% and an EPS of $0.93 compared to $0.87 a year ago, exceeding the Zacks Consensus Estimate of $236.99 million by 3.31% [1] Revenue Breakdown - Payment Services - Puerto Rico & Caribbean generated $56.44 million, slightly below the average estimate of $57.36 million, with a year-over-year change of +3.1% [4] - Latin America Payments and Solutions revenue reached $109.26 million, significantly above the average estimate of $96.81 million, reflecting a year-over-year increase of +40.3% [4] - Corporate and Other segment reported revenues of -$27.41 million, compared to the average estimate of -$25.91 million, showing a year-over-year change of +8.4% [4] - Business Solutions generated $58.32 million, below the average estimate of $60.54 million, with a year-over-year decline of -6.6% [4] - Merchant Acquiring, net revenue was $48.22 million, in line with the average estimate of $48.25 million, representing a year-over-year increase of +3.4% [4] Stock Performance - Over the past month, Evertec's shares have returned -11.9%, contrasting with the Zacks S&P 500 composite's +0.6% change, and the stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [3]

21世纪经济报道记者 叶麦穗 又有第三方支付机构遭监管处罚，被开出大额罚单！近日，中国人民银行 福建省分行披露的一则行政处罚信息显示，福建星驿支付科技有限公司（下称"星驿支付"）因涉及违法 违规行为遭到警告，合计被罚没847.19万元。星驿支付已经不是第一家吃到"黄牌"的支付公司，2026年 开年以来，包括银盛支付、开联通支付等10来家公司都收到了大额罚单。 星驿支付再吃大额罚单 2月中旬，人民银行福建省分行行政处罚信息显示，星驿支付违法行为包括：违反收单业务管理规定； 与身份不明的客户进行交易。因此，该公司遭到监管警告，没收违法所得约342.19万元，并处505万元 罚款，合计罚没847.19万元。同时，该公司林某对相关违法违规行为负有责任，遭到监管部门警告，并 处罚款19万元。 109张支付牌照被注销 除了"黄牌"之外，还有公司被"红牌"罚下。今年2月初，河南聚宝支付有限公司（原河南汇银丰信息技 术有限公司，以下简称"聚宝支付"）的支付牌照被注销，成为2026年首家退出市场的支付机构。实际 上，自央行2011年签发首批第三方支付牌照以来，已累计发出271张牌照，其中，存续数量缩至162张， 注销数量增至1 ...

NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased PayPal Holdings, Inc. (“PayPal” or the “Company”) (NASDAQ: PYPL) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost. If you suffered a loss on your PayPal investments, you have until April 20, 2026 to request lead plaintiff appointment. Cou ...

Core Viewpoint - A class action lawsuit has been filed against PayPal Holdings, Inc. for allegedly providing misleading information regarding its financial targets and growth potential during the specified Class Period from February 25, 2025, to February 2, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that PayPal's management provided overly optimistic statements about the company's growth potential and its ability to execute on these expectations, while concealing material adverse facts about the salesforce's readiness [5]. - Investors who purchased PayPal common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Process - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm by phone or email, with a deadline to serve as lead plaintiff by April 20, 2026 [3][6]. - It is noted that no class has been certified yet, meaning investors are not represented by counsel unless they choose to retain one [7]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its leadership in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PayPal To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in PayPal between February 25, 2025 and February 2, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Faruqi ...

I look at PayPal ( PYPL ), and I see a company that’s been beat up so badly that its valuation is screaming permanent decline. It’s got a market capitalization of about $40 billion and anMy investing journey began at 15, sparked by a deep curiosity for markets and shaped by my father's career in finance. What started as a fascination with Warren Buffett’s annual letters quickly evolved into a full-time passion for value investing, mental models, and understanding how great businesses create long-term value. ...

Shareholders that lost money on PayPal Holdings, Inc.(PYPL) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More [Accessibility Statement] Skip NavigationNEW YORK, Feb. 25, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in PayPal Holdings, Inc. ("PayPal" or the "Company") (NASDAQ: PYPL) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PayPal investors who were adversely affected by alleged securities fraud between February ...

Corpay, Inc. (NYSE:CPAY) is one of the 12 Cheap Technology Stocks to Invest In According to Hedge Funds. On February 11, Corpay, Inc. (NYSE:CPAY) announced that its Cross-Border business has signed a multi-year agreement with LIV Golf, extending its successful and exclusive partnership as LIV’s official corporate foreign exchange (FX) provider. Is Corpay, Inc. (CPAY) One of the Cheap Technology Stocks to Invest In According to Hedge Funds? Corpay Cross-Border has been offering a range of corporate FX pa ...

PSFE Investors with Large Losses Should Contact Robbins LLP for Information About the Paysafe Limited Securities Fraud Class Action Lawsuit [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 24, 2026 /PRNewswire/ -- [Robbins LLP] reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Paysafe Limited (NYSE: PSFE) securities between March 4, 2025 and November 12, 2025. Paysafe provides end-to-end payment solutions in the United States and intern ...