This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Online influencers who make money off promoting products online are getting played by one of Silicon Valley's iconic technology companies, a new lawsuit claims. "It involves almost every high-profile creator that I can think of, including myself," tech influencer Marques Brownlee, who has almo ...

Lawsuit Allegations - PayPal is being sued by Nisha Desai, an Asian American businesswoman, for racial bias in restricting part of a $535 million investment program to Black and Hispanic applicants, costing her millions of dollars [1] - Desai claims PayPal told multiple other Asian American businesswomen they were ineligible for funding due to their Asian descent [3] - The lawsuit accuses PayPal of violating multiple civil rights laws, including section 1981 of the Civil Rights Act of 1866 and Title VI of the Civil Rights Act of 1964 [4] PayPal's Investment Program - PayPal announced a $535 million investment program in June 2020 to support Black and minority-owned businesses and address economic inequality [2] - The company invested $100 million in 19 venture capital firms led by Black and Hispanic people [2] Legal Context - The lawsuit follows a federal appeals court ruling in March that the advocacy group Do No Harm lacked standing to pursue a similar case against Pfizer [5] - Desai is represented by Consovoy McCarthy, a law firm that often advocates for conservative causes and previously represented Do No Harm [5]

PayPal is being sued by the founder of venture firm Andav Capital, who claims she was excluded from the payment giant’s diversity and equity program because she is Asian, according to a suit filed this week. In 2020, PayPal made a $530 million commitment to support more Black and minority-led businesses in the wake of Black Lives Matter. Nisha Desai, the founder of Andav Capital, claims in the newly filed lawsuit that she applied to be considered for the financial commitment but was overlooked because she i ...

Content creators have filed two lawsuits against PayPal over its Honey browser extension.The creators allege Honey took some of their potential affiliate earnings by improperly claiming credit on sales.Honey disputes the allegations in the lawsuits and said it would defend against them vigorously.Influencers are suing financial giant PayPal in two class-action lawsuits filed this week. The content creators separately alleged that the company's browser extension Honey, which searches for coupons around the w ...

PayPal Leadership and Strategy - PayPal made significant leadership changes, including appointing former Intuit executive Alex Chriss as CEO and replacing the entire executive team [1] - The company focused on efficiency, resulting in a 6% year-over-year revenue growth and a 22% increase in EPS in the most recent quarter [7] - PayPal announced new initiatives such as an advertising platform, Fastlane checkout product, PayPal Everywhere cash-back debit-card, and partnerships with Shopify [8] - The company's growth initiatives started to show results in 2025 [11] SoFi Growth and Performance - SoFi's member base more than tripled over the past three years, with 35% year-over-year growth in the most recent quarter [3] - The company opened about 8.5 million financial services products and grew its deposit base to $24.4 billion since obtaining its banking charter in early 2022 [3] - SoFi became consistently profitable and is expected to see significant bottom-line income growth as the business scales [14] - SoFi is considered one of the best products of the SPAC era, sustaining incredible growth momentum and maintaining a share price above the initial SPAC valuation [9][12] Fintech Industry Overview - The fintech industry was heavily impacted in the post-pandemic bear market, but opportunities remain [5] - PayPal and SoFi represent two different business models, with PayPal focusing on profitability and SoFi on rapid growth [4][6] - Both companies are highlighted as strong fintech investment opportunities [10][13]

Stock Performance - Paypal's stock ended at $88 14, marking a -0 12% decline from the previous day, underperforming the S&P 500's -0 04% loss [1] - Over the past month, Paypal's shares gained 1 94%, lagging behind the Computer and Technology sector's 5 93% gain but outperforming the S&P 500's 1 05% gain [1] Earnings and Revenue Projections - Full-year earnings are projected at $4 57 per share, a -10 39% change from the previous year, while revenue is expected to reach $31 66 billion, a +6 35% increase [2] - The upcoming quarterly EPS is projected at $1 11, a 25% drop compared to the same quarter last year, with revenue expected to be $8 23 billion, up 2 56% year-over-year [6] Valuation Metrics - Paypal has a PEG ratio of 1 61, lower than the industry average of 2 4, indicating a relatively favorable valuation considering earnings growth [4] - The company's Forward P/E ratio is 19 32, significantly lower than the industry's Forward P/E of 33 27, suggesting a potential undervaluation [9] Analyst Estimates and Industry Ranking - The Zacks Consensus EPS estimate for Paypal has increased by 0 06% over the past month, reflecting potential optimism among analysts [3] - Paypal is currently rated as a Zacks Rank 3 (Hold) [3] - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 28, placing it in the top 12% of over 250 industries [10] Industry Performance - The Zacks Industry Rank shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1 [5]

PayPal Stock Performance - PayPal's stock rallied by 23% since late August, indicating strong performance [2] - The stock maintains a 4.90 Strong Buy Quant rating, reflecting positive market sentiment [2] Investor Strategy and Analysis - The investor focuses on long-duration growth opportunities and balances the portfolio with low-volatility dividend-paying stocks [3] - Fundamental analysis is prioritized, with emphasis on business and strategic perspectives [3] - The investor seeks high-quality companies with reasonable valuations rather than deep discounts [3] Investment Philosophy - The investor avoids excessively cheap stocks due to potential underlying issues [3] - The focus is on high-quality names, including both well-known companies and potential new stars capable of exponential growth [3]

Financial Performance - The company reported weaker-than-expected revenue for Q3 and provided Q4 guidance below market forecasts, leading to a 7% stock dip on Oct 29 [1] - The stock has surged 42% in the past six months, driven by a 35% expansion in the P/E ratio [2] - Total Payment Volume (TPV) increased 9% YoY to $422.6 billion in Q3, 136% higher than pre-pandemic Q3 2019 [4] - Operating expenses rose 3% in Q3, below the 6% net revenue gain, due to effective cost management [5] - The company generated $4.2 billion in free cash flow in 2023, with executives predicting $6 billion for this year [6] - The company has $16.2 billion in cash, cash equivalents, and investments, compared to $12.4 billion in debt [6] Market Sentiment and Valuation - The investment community has remained optimistic about the company despite mixed results, propelling shares higher [1] - The stock's P/E ratio is currently 20.5, less than half its historical average of nearly 45 and a discount to the S&P 500 [8] - Shares are still trading 72% below their peak price, presenting a potential opportunity for long-term investors [9] - The stock has gained 39% year-to-date as of Dec 18, outperforming the broader S&P 500 [10] Strategic Focus and Growth - The company has shown resilience and strength in key operational metrics, indicating a solid business foundation [3] - The CEO has focused on creating a more efficient organization while continuing to invest in marketing and product development [5] - The company benefited from the popularity of online shopping during the pandemic and has built on those gains [4] - Management raised full-year guidance for adjusted profit after reporting double-digit TPV growth and expanding operating margins in Q2 2024 [9] Long-Term Outlook - The potential for steady revenue and earnings growth, coupled with possible valuation expansion, suggests shareholders could be rewarded in 2025 and beyond [8] - Long-term investors are encouraged to focus on the next five years, considering the company's solid financial position and growth potential [7][9]

PayPal (PYPL) shares have returned 39.8%, outperforming the Zacks Computer and Technology sector’s return of 30.6% and the Zacks Internet Software industry’s appreciation of 31.7%.PYPL’s portfolio strength has been helping it maintain deep and trusted relationships with merchants and consumers. Its two-sided platform helps develop direct financial relationships with customers and merchants.Expanding clientele benefited total payment volume, which increased 9% year over year, both on a spot-rate basis and fo ...

The Federal Reserve (the Fed) has cut interest rates again, making it the third consecutive cut for the past three meetings this year. There are now a lot of implications that will stem from this latest pivot when they make their way through the economy. One thing is certain: stocks that facilitate this transition are likely to see their prices rise. This is where the business services sector comes into play, as currency swings and interest rates will inevitably affect the buying power of domestic businesse ...