PayPal Holdings, Inc. (NASDAQ:PYPL) - The class action lawsuit alleges that PayPal misled investors regarding its revenue outlook and growth potential during the class period from February 25, 2025, to February 2, 2026 [6] - PayPal's fourth quarter and full fiscal year 2025 results, announced on February 3, 2026, revealed disappointing earnings and a withdrawal of its 2027 financial targets, leading to a stock price drop of over 20% [6] - The lawsuit claims that the company's optimistic growth plans were unrealistic and that the management failed to provide clear direction, contributing to operational issues [6] REGENXBIO Inc. (NASDAQ:RGNX) - The class action lawsuit involves allegations that REGENXBIO provided misleading information about its gene therapy product candidate RGX-111 during the class period from February 9, 2022, to January 27, 2026 [6] - On January 28, 2026, REGENXBIO announced that the FDA placed a clinical hold on RGX-111 due to the discovery of an intraventricular CNS tumor in a trial participant, resulting in a 17.8% decline in stock price from $13.41 to $11.01 in one day [6] - The lawsuit claims that the company made overly positive assertions about RGX-111's trial success while concealing material adverse facts regarding its efficacy and safety [6]

About 4,000 workers will lose their jobs as the payments company does more work with new artificial intelligence tools, its top executive said. ...

In this article, we will take a look at the 14 Best GARP Stocks to Buy According to Analysts.Innovation and rapid technological change, driven by the rise of artificial intelligence, are reshaping markets. AI is increasingly seen as a source of profits and productivity gains, and that has shifted how investors think about growth and valuation. Markets have experienced similar booms before. Many of them ended with volatility. This time, though, the belief that AI represents a lasting shift has allowed sentim ...

Jack Dorsey’s Block Inc said it will cut more than 4,000 jobs, over 40% of its workforce, as part of a broad restructuring unveiled alongside its fourth-quarter and full-year 2025 earnings. Shares of the New York Stock Exchange-listed payments company jumped more than 23% in after-hours trading, Yahoo Finance data shows. The scale of the layoffs places Block among the companies carrying out the largest workforce reductions in the fintech sector so far this year, as payments and financial technology firms g ...

Fourth Quarter Earnings Conference Call February 26, 2026 #FF6C0C #0DD3AD #58595B Font: #7D868C #58595B Font: #4C5B69 #7D868C #4C5B69 Foward Looking Statements Certain statements in this presentation constitute "forward-looking statements" within the meaning of, and subject to the protection of, the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities A ...

By Manya Saini and Arasu Kannagi Basil Feb 26 (Reuters) - Block on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul to embed artificial intelligence across its ‌operations, sending shares of the payments firm up 25% in after-hours trading. The layoffs signal how the AI boom ‌is translating from hype into workforce changes, fueling long-held concerns among workers and economists that the technology could eliminate roles even as it boosts productivity ​and profit ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Block's fourth-quarter profit rises, announces over 4,000 job cuts February 26, 20269:14 PM UTCUpdated ago By Reuters Feb 26 (Reuters) - Block (XYZ.N), opens new tab said on Thursday its fourth-quarter profit rose on strong demand for its payments products and services, and it will cut over 4,000 jobs, sending shares up 20% in after- hours trading. The company said it expects to incur roughly ...

Core Insights - Block's shares are experiencing a rise ahead of results, but the company has underperformed this year compared to its rivals [1][2] - Consumer sentiment towards Block is positive, contrasting with investor sentiment, which is bearish [18][19] Company Performance - Block operates two main segments: Square and Cash App, with Cash App showing significant growth in user engagement and revenue per user [3][5] - Cash App's profit per monthly active user has increased by 25%, reaching $94, indicating strong user engagement [6][31] - Square is outperforming PayPal but is still trailing behind Shopify in terms of overall consumer sentiment and market presence [4][8][23] Market Position and Competition - Shopify is the dominant player in the market, with Block facing pressure from its growth and consumer satisfaction metrics [3][8] - Despite the competition, Block is seeing a recent uptick in consumer interest, which may not yet be reflected in stock performance [9][10] Future Outlook - The upcoming report is expected to provide guidance that reflects the recent positive trends in user engagement and revenue growth, despite potential challenges from Bitcoin's performance [10][29] - Block aims to improve its gross profit growth and margins, targeting a combined score of over 40, currently around 35 [21][22] - The company is leveraging AI to enhance efficiency in R&D, which could lead to reduced costs and improved profitability [26] Consumer Engagement - Cash App is increasingly viewed as a primary banking service for younger users, contributing to its growing popularity [7][31] - The Afterpay feature is gaining traction, allowing users to make payments in installments, which is appealing to consumers [27][30]

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By Karen Roman Shift4 Payments, Inc. (NYSE: FOUR) said volume was $59 billion in the fourth quarter of 2025 increasing 23% year over year. Non-GAAP net income was $156 million resulting in $1.60 of non-GAAP EPS, with an adjusted EBITDA of $304 million, up 48%, the company stated. The company supports businesses across industries in more than 75 countries with Asia and the Middle East gaining momentum as strategic markets, it said. “Our quarterly financial performance delivered a combination of growth, ...