Partnership provides Flywire a strategic foothold in the DACH region (Germany, Austria, and Switzerland) and underscores Flywire’s continued growth outside the “Big 4” education marketsFlywire is the only payments provider directly embedded within academyFIVE to help streamline tuition workflows and ensure compliance in one of the world’s most regulated education markets BOSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Flywire Corporation (NASDAQ: FLYW) (Flywire), a global payments enablement and software company, ...

Stock Market Today: Dow Steady As Palantir Surges On Earnings; PayPal Plunges (Live) | Investor's Business DailyBREAKING: [Tech Futures Lead Gains As Teradyne, Palantir Surge]---Futures for the Dow Jones Industrial Average and other major stock indexes were mixed Tuesday, as Wall Street digested a number of earnings reports. Two early earnings movers on the stock market today were Palantir Technologies (PLTR), which surged higher, and PayPal (PYPL), which plunged more than 15%. On Tuesday, Dow Jones futures ...

Leadership Changes - PayPal is replacing CEO Alex Chriss with Enrique Lores due to the company's pace of change and execution not meeting board expectations over the past two years [1] - Lores has been a PayPal board member for almost five years and has served as board Chair since July 2024, previously holding the position of president and CEO of HP Inc. for over six years [1][2] - Lores will officially take over as CEO on March 1, with Jamie Miller serving as interim CEO until then [3] Industry Context - The payments industry is undergoing rapid changes driven by new technologies, evolving regulations, and increased competition, with AI significantly reshaping commerce [2] - Lores expressed his commitment to leading PayPal in accelerating innovation and shaping the future of digital payments and commerce [2] Financial Performance - PayPal reported its fourth-quarter results, posting an adjusted profit of $1.23 per share on revenue of $8.68 billion, which fell short of analyst expectations of $1.29 per share on revenue of $8.77 billion [4] - The company has forecasted lower profit for the first quarter, leading to a 16% drop in shares before the market opened [4]

Market Overview - Futures are trading higher following a strong bounce-back on Monday, with major indices closing positively as investors overlook various geopolitical and market concerns [2] - The Dow Jones closed at 49,407, up 1.05%, S&P 500 at 6,976, up 0.54%, Nasdaq at 23,592, up 0.56%, and Russell 2000 at 2,637, up 0.90% [2] Treasury Bonds - Treasury yields increased as sellers dominated the market, influenced by investor anxiety regarding the new Federal Reserve chair nomination and potential government shutdowns [3] - The 30-year bond yield finished at 4.91% and the 10-year note at 4.28% [3] Oil and Gas - The energy sector faced significant declines due to easing geopolitical risk premiums, particularly related to U.S.-Iran tensions [4] - Brent Crude fell to $66.40, down 4.2%, and West Texas Intermediate closed at $62.26, down 4.52% [4] - Natural gas prices dropped 25% to $3.26, attributed to expectations of warmer weather following a cold snap [4] Gold and Precious Metals - A significant sell-off in precious metals has been observed, attributed to profit-taking and market reactions to the nomination of Kevin Warsh as the new Federal Reserve chair [5] - Gold closed at $4,764, down 4.4%, and silver at $79.36, down 6.7% [5] - Despite the dramatic selling, there was a rally off lows, with market professionals viewing this as a healthy pause [5] Economic Outlook - With the conclusion of 4th-quarter earnings, investors are focusing on upcoming economic data, particularly significant tech earnings expected soon [6] - The recent rally is seen as a positive development amidst losses in precious metals and cryptocurrencies, indicating a shift in investor strategy towards active engagement [6]

February 3, 2026 Non-GAAP Financial Measures This presentation contains non-GAAP measures relating to our performance. These measures may exclude certain expenses, gains and losses that may not be indicative of our core operating results and business outlook, and, in each case, may be different from the non-GAAP financial measures used by other companies. The presentation of this financial information, which is not prepared under any comprehensive set of accounting rules or principles, is not intended to be ...

PayPal Holdings, Inc. (NASDAQ:PYPL) shares are down during premarket trading on Tuesday following the announcement of a leadership change within the company. The stock’s decline comes as the company appointed Enrique Lores as its new President and CEO, effective Mar. 1.The Board of Directors expressed confidence that Lores will lead PayPal into its next chapter, but uncertainty often accompanies such changes.Enrique Lores Appointed as PayPal CEOLores, who has been on PayPal’s Board for nearly five years, su ...

Core Viewpoint - PayPal has replaced its CEO Alex Chriss amid slowing growth and increased competition, leading to a significant drop in its stock price by 19% following a disappointing profit forecast for 2026 [1][4]. Company Changes - Enrique Lores, previously the president and CEO of HP, has been appointed as the new president and CEO of PayPal, with Jamie Miller serving as interim CEO until Lores officially takes over on March 1 [2][1]. - The board expressed that the pace of change and execution under Chriss did not meet their expectations [1]. Financial Outlook - PayPal's adjusted profit forecast for the full year is expected to range from a low-single-digit percentage decline to a slight increase, contrasting with Wall Street's expectation of approximately 8% growth [4]. - The company has decided to provide forecasts on a yearly basis rather than committing to a long-term outlook, indicating a shift in strategy [4]. Market Conditions - The company is facing challenges due to weakening retail spending as consumers, affected by high interest rates and living costs, are prioritizing essential purchases over discretionary spending [5]. - PayPal's revenue for the holiday quarter was reported at $8.68 billion, falling short of analysts' expectations of $8.80 billion [6]. - The adjusted profit for the same period was $1.23 per share, also below the anticipated $1.28 [7]. Strategic Considerations - Analysts have raised concerns regarding the company's turnaround strategy following the unexpected CEO change, questioning whether Lores will build a strong payments team or consider strategic asset reviews [3].

Core Viewpoint - PayPal Holdings Inc. has appointed Enrique Lores as President and CEO, effective March 1, 2026, succeeding Alex Chriss, to lead the company through its next phase of transformation in a rapidly changing payments industry [1][2]. Group 1: Leadership Transition - Enrique Lores has been on the PayPal Board for nearly five years and served as Board Chair since July 2024 [1]. - Jamie Miller will serve as Interim CEO until Lores officially takes over [1]. - David W. Dorman has been appointed as Independent Board Chair immediately [1]. Group 2: Board Evaluation and Expectations - The Board conducted a detailed evaluation of the company's position relative to competition and the industry landscape, noting that the pace of change was not meeting expectations [2]. - The Board believes Lores' extensive experience in technology and commercial sectors will provide the necessary leadership for PayPal's future [2]. Group 3: Lores' Background and Vision - Lores previously served as President and CEO of HP Inc., where he led significant strategic transitions and innovations, including expanding into AI-enabled offerings [3]. - Lores aims to strengthen PayPal's culture of innovation while ensuring timely execution and accountability for consistent quarterly performance [4]. Group 4: Industry Context - The payments industry is evolving rapidly due to new technologies, regulations, and competitive pressures, with AI reshaping commerce [4]. - PayPal's long-term success is believed to be rooted in its global scale, data, and strong relationships with consumers, merchants, and partners [4]. Group 5: Acknowledgment of Previous Leadership - The Board expressed gratitude to Alex Chriss for his contributions, including monetizing Venmo and growing the BNPL business [5]. - Chriss emphasized the importance of transitioning to a seasoned leader for the company's next phase [6].

Core Viewpoint - The Bank of England is initiating a public consultation to explore alternative retail payment methods that bypass traditional debit and credit card networks, aiming to enhance consumer choice and competition in the payment landscape [1][2]. Group 1: Consultation and Strategy - The Bank of England plans to launch a public consultation in the spring to gather evidence from stakeholders regarding alternative payment methods [1]. - In November, the finance ministry and the Bank of England outlined a retail payments infrastructure strategy to encourage the development of diverse payment options by banks and financial firms [3]. Group 2: Current Payment Landscape - Cash transactions account for less than 10% of payments in the UK, while debit and credit cards constitute nearly two-thirds of all transactions, highlighting the dominance of payment giants like Mastercard and Visa [2]. - Smaller retailers face payment processing fees that are approximately four times higher than those of larger chains, indicating a need for increased competition to reduce costs [3]. Group 3: Future Considerations - The strategy will also evaluate how existing payment formats may interact with future stablecoins or a potential Bank of England digital currency, as well as ways to lower cross-border payment costs [4]. - Deputy Governor Sarah Breeden emphasized that while new payment options are being explored, they are not expected to completely replace card payments, as seen in markets like Sweden, India, and Brazil where multiple payment methods coexist [5].

Core Insights - PayPal Holdings, Inc. (NASDAQ:PYPL) is currently among the stocks with the lowest forward PE ratios, with a 19% drop in share price since the third-quarter 2025 earnings report [1] - The company anticipates a decrease in growth for fiscal year 2026, with operational expenses expected to rise at the same rate as trade margin dollars, which are projected to increase by 4% in FY26, down from 6% in FY25 [3] - Adjusted EPS growth is expected to be 8% in FY26, a decline from 15% in FY25 [3] Investment Outlook - BTIG has reaffirmed a Neutral rating on PayPal, noting that while investments in buy-now-pay-later services and agentic commerce are appropriate, a noticeable return on investment is not expected until at least FY27 [4] - The company operates a technology platform for digital payments globally, offering services under various brands including PayPal, Credit, Braintree, Venmo, Xoom, and Zettle [5]