Core Viewpoint - Tenet Fintech Group Inc. is currently facing a cease trade order (FFCTO) from the Ontario Securities Commission due to delays in filing its annual financial statements and related disclosures for the year ended December 31, 2024, and is working towards resolving this issue [1] Group 1: Company Update - The FFCTO was issued on May 7, 2025, due to the company's failure to file required annual financial statements and certifications [1] - The company filed the overdue annual financial statements on October 1, 2025, and submitted a full revocation application to the OSC on October 6, 2025 [1] - The company has agreed to refile certain past management discussion & analysis (MD&As) that were deemed deficient, with expectations to complete these filings at the end of the review process [1] Group 2: Financial Actions - While awaiting the review of the full revocation application, the company submitted a partial revocation application to allow for a private placement financing to maintain operations [2] - The proposed private placement aims to sell up to 52 million common shares at a price of $0.05 per share, potentially raising up to $2.6 million [3] - There is no guarantee that the partial revocation application will be approved or that the private placement will be completed as planned [3] Group 3: Future Plans - The company intends to issue a news release upon approval of the full revocation, after which it will apply for reinstatement of trading of its securities on the Canadian Securities Exchange [4]

Core Viewpoint - Morgan Stanley has identified SoFi Technologies as the 'best fintech asset' amidst a positive sentiment towards fintech stocks on Wall Street, with both SoFi and Affirm Holdings receiving upgrades and recognition [1]. Group 1: Company Insights - SoFi Technologies is experiencing a surge in interest from investors, highlighted by recent upgrades from analysts [1]. - The CEO of SoFi Technologies, Anthony Noto, is mentioned, indicating leadership involvement in the company's positive trajectory [1]. Group 2: Industry Trends - The fintech sector is currently favored by Wall Street, with multiple companies, including SoFi and Affirm Holdings, gaining attention and accolades [1].

Core Viewpoint - PayPal's shares dropped nearly 20% following disappointing Q4 earnings and guidance indicating ongoing weakness through 2026 [1] Financial Performance - PayPal's stock is trading over 30% below its year-to-date high [2] - The company's branded payment solutions experienced a total volume growth deceleration to just 1% in Q4 [6] Market Position and Competition - PayPal is losing market share to competitors such as Wise, Revolut, Stripe, Adyen, and Payoneer, with its bottom line expected to remain flat this year compared to a consensus growth expectation of about 8% [5] - The company is viewed as a potential value trap, with a forward earnings multiple of about 9x, but faces significant structural challenges [5][8] Management Changes - PayPal announced the appointment of Enrique Lores as the new CEO, effective March 1, indicating a reset after the previous CEO's strategy failed to gain traction [7] - The transition suggests another challenging year for shareholders, with hopes for recovery pushed to 2027 [7] Analyst Sentiment - Prior to the earnings report, Wall Street firms rated PayPal a "Hold" with a mean target of $72, but downward revisions to estimates are expected following the disappointing results [10]

Ondo Finance has launched a new service called Ondo Global Listing, the popular real-world asset (RWA) tokenization platform announced on Feb. 3. Tokenization is the process of digitally representing the ownership of RWAs like stocks, funds, etc., as digital tokens on a blockchain and offering fractional ownership of these assets to prospective investors. Related: What is tokenization? Explained Ondo Global Listing allows crypto wallets, exchanges, and blockchain networks to offer exclusive onchain acces ...

To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my inaugural published piece during my first year of college. I have a double degree in finance and computer science, have passed all three levels of the CFA exam, and currently work in fintech as a data engineer. Finding the time to write becomes more diffic ...

NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Klarna Group PLC (“Klarna” or the “Company”) (NYSE: KLAR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Klarna and certain of its officer ...

Core Insights - Pagaya Technologies Ltd. (PGY) is set to announce its fourth-quarter and 2025 earnings on February 9, with expectations of continued strong performance following a 36% year-over-year revenue increase in Q3 to $350.2 million driven by fees and interest income [1][2]. Revenue and Growth Estimates - The company anticipates fourth-quarter revenues and other income to be between $333 million and $358 million, with full-year expectations ranging from $1.3 billion to $1.325 billion [2]. - The Zacks Consensus Estimate for Q4 revenues is $348.4 million, reflecting a 24.7% year-over-year increase, while the full-year revenue estimate of $1.32 billion indicates a 28.4% growth [3]. Earnings Estimates - The consensus estimate for Q4 earnings remains unchanged at 75 cents, indicating significant growth from the previous year, while the 2025 earnings estimate is projected at $3.10 [4][5]. Earnings Surprise History - Pagaya has a mixed earnings surprise history, having outperformed the Zacks Consensus Estimate in only two of the last four quarters, with an average surprise of 20.7% [5][6]. Performance and Valuation - PGY shares fell 30.1% in Q4, underperforming the industry average decline of 13.6%, and are currently trading at a trailing 12-month price/book (P/B) ratio of 2.96, slightly below the industry average of 3.00 [11][15]. - Compared to peers, PGY trades at a premium to LendingClub (P/B of 1.33) but at a discount to LendingTree (P/B of 5.55) [17]. Business Model and Strategy - The company's growth strategy includes expanding product offerings, enhancing monetization of existing partnerships, and adding new enterprise lending partners, particularly large U.S. banks and auto captives [2][18]. - Pagaya's AI-driven platform and diversified revenue streams provide resilience against market volatility and credit risks, positioning the company for continued growth [18]. Cost Trends - Despite strong revenue growth, Pagaya has experienced a persistent increase in expenses, with a compound annual growth rate of 26.2% in total costs and operating expenses over the past three years [19].

PayPal ( NASDAQ:PYPL ) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that missed expectations. ...

PERFORMANCE: Prices as of 11.30 am ET on Monday, February 2UPCOMING IPOS: Upcoming IPO and direct listings expected include OpenAI, AGI Inc (AGBK), Speed Group (SPED), and Lendbuzz (LBZZ). Click here to see upcoming IPO calendar on TipRanks. OpenAI is accelerating its plans for a public listing as rivalry with Anthropic intensifies, now planning on listing in Q4 of this year, Berber Jin, Corrie Driebusch, and Kate Clark of The Wall Street Journal reports. OpenAI is holding discussions with Wall Street banks ...

[music] [music] Good Tuesday morning. I'm Yao Finance executive editor Brian Sazi and this is opening bids. So much to fire up, [music] so little time.Let's get after it. Very busy. If you head over to the Yahoo Finance homepage on desktop or mobile right now, while of course still watching me on here, you will come away thinking this.I think damn, this is a techheavy market morning. Palanteer dominating the trader talk and who can blame them after another fun Alex Karp led earnings call and another blowout ...