Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is still setting new records and raising the bar for what ultra-wealthy looks like. The serial CEO’s net worth shot up to $638 billion on Monday, making him the first person estimated to be worth more than $600 billion by Bloomberg’s wealth index. The 54-year-old witnessed an unprecedented wealth surge after SpaceX, an aerospace company he founded and leads, hit a $800 billion market cap in an insider share sale. Spac ...

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the 14 Most Promising Fintech Stocks to Invest In. On December 12, Baird downgraded PayPal Holdings, Inc. (NASDAQ:PYPL) from Outperform to Neutral and lowered the price target from $83 to $66. The firm pointed to “uneven” transaction volumes in the fourth quarter. Baird also sees another investment cycle ahead in 2026. Additionally, the research firm pointed out that broader platform improvements have unclear timing. Baird believes that this means a “clearing ...

Elevation Capital and Paytm - Elevation Capital sold 2% of its stake in Paytm for ₹1,556 crore, marking its first sale since the fintech's 2021 listing [5][22] - The investment had previously dropped to ₹3,800 crore in February 2024 but has since recovered to a value of ₹11,150 crore [22] - Elevation has realized approximately ₹7,300 crore from Paytm shares, achieving a total paper gain close to 35x on its investment held since 2007 [3][24] Kirin Holdings and Bira 91 - Kirin Holdings is seeking to divest from B9 Beverages, the maker of Bira 91, due to financial strains and has asked founder Ankur Jain to find a new strategic investor [9][24] - Kirin, which holds a 20% stake in B9, is also looking to offload debt extended to the company [9] - The rebranding efforts for Bira 91 have led to sales disruptions, causing inventory write-offs and financial difficulties [24] Groww's Stock Performance - Groww's stock experienced a significant drop after a near 90% increase from its listing price, hitting its lower circuit limit [7][24] - The stock climbed to ₹193.80 before profit-taking triggered a rapid decline, closing just below ₹170 [24] Lightspeed Venture Partners on AI - Lightspeed's Ravi Mhatre discussed the current AI wave, emphasizing that only businesses solving real problems will endure [12][24] - Mhatre noted that India is evolving from a large user market to a hub for AI-assisted labor, automating repetitive tasks while humans manage workflows [12][24] - The firm acknowledged the existence of a valuation bubble in the AI sector but maintained that the transformation is significant and real [12][24] Raise Financial and Stratzy Acquisition - Raise Financial acquired algo trading platform Stratzy in a cash-and-stock deal valued at $4-4.5 million [20][24] - Stratzy will operate as an independent entity under Raise, enhancing Dhan's technology stack for automated investing [20][24] Meta's Legal Victory - A US judge ruled that Meta's acquisitions of Instagram and WhatsApp did not violate antitrust laws, allowing the company to maintain its current structure [22][24] - The ruling has restored confidence in Meta's long-term strategy and its ability to compete in the social networking space [22][24]

Core Insights - PayPal has launched "PayPal Pay in 4," an interest-free, no-fee buy now, pay later (BNPL) solution for Canadian consumers, available in time for the festive shopping season [1][2] - The service allows Canadians to split eligible purchases from $30 to $1,500 into four equal, interest-free payments over six weeks, enhancing flexibility at checkout [2] - PayPal's 2025 Festive Spending survey indicates a strong consumer interest in BNPL, with 60% of respondents who haven't used it expressing willingness to try it if there are no fees [2][3] Consumer Behavior - 74% of Canadians set a budget for holiday shopping, and 72% plan their shopping in advance to control spending [3] - 51% of Canadians plan to spend the same as last year, while 14% intend to spend more [3] - Categories where Canadians would consider using BNPL include appliances (31%), home décor/furniture (30%), and electronics (26%) [3] Business Impact - Businesses offering PayPal's BNPL solutions experience increased conversion rates and higher sales, which are critical during peak holiday seasons [2] - The global approval rate for PayPal BNPL is 90%, and it boosts order value by 80% [2] - PayPal's partnership with Cadillac Fairview aims to enhance the holiday shopping experience, providing consumers with flexible payment options [2]

Core Insights - Google and PayPal have announced a multiyear partnership aimed at simplifying and securing online transactions [6] - PayPal will leverage Google's industry-leading AI to enhance its services and security [6] - The partnership indicates a deeper integration between the two companies, potentially improving user experience in online payments [6]

Shares of One 97 Communications surge to the highest level in over three years after its unit received approval from India’s central bank to operate as an online payment aggregator https://t.co/hi4JTa3hUD ...

Group 1: Zacks Premium and Style Scores Overview - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] Group 2: Style Scores Breakdown - Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] - Growth Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - Momentum Score assesses trends in stock price and earnings outlook, utilizing factors like one-week price change and monthly earnings estimate changes [5] - VGM Score combines all three Style Scores, providing a comprehensive indicator for stocks with strong value, growth, and momentum characteristics [6] Group 3: Zacks Rank and Stock Selection - The Zacks Rank uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.62% since 1988, outperforming the S&P 500 [7] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the highest likelihood of success [9] - The direction of earnings estimate revisions is crucial; stocks with lower ranks (e.g., 4 or 5) may still have good Style Scores but are likely to decline in price [10] Group 4: Company Spotlight - PayPal - PayPal Holding, Inc. is a leading online payment solutions provider, recognized for its robust product portfolio and secure transaction capabilities [11] - PayPal holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong potential for growth [11] - The company is projected to achieve year-over-year earnings growth of 9.3% for the current fiscal year, with upward revisions in earnings estimates and an average earnings surprise of +14% [12]

Group 1 - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe, rated from A to F based on value, growth, and momentum characteristics [2][9] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales to find attractive investment opportunities [3] - The Growth Score assesses a company's financial health and future outlook by analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score capitalizes on price trends and earnings outlook changes, using factors like weekly price changes to identify optimal investment times [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking a balanced approach to value, growth, and momentum [6] Group 2 - The Zacks Rank is a proprietary stock-rating model that utilizes earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B, ensuring higher potential for success [9] - PayPal Holding, Inc. is highlighted as a stock to watch, currently rated 3 (Hold) with a VGM Score of A, indicating potential for growth investors [11] - PayPal is forecasted to achieve year-over-year earnings growth of 9.3% for the current fiscal year, with upward revisions in earnings estimates from analysts [12]

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1][9] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E, PEG, and Price/Sales [3] - The Growth Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [4] - The Momentum Score identifies optimal times to invest based on price trends and earnings estimate changes [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [6] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10] Stock Example: PayPal (PYPL) - PayPal is recognized as a leading online payment solutions provider, holding a Zacks Rank of 3 (Hold) and a VGM Score of A [12] - The company is appealing to growth investors, with a Growth Style Score of B and a projected year-over-year earnings growth of 9.3% for the current fiscal year [13] - Recent upward revisions in earnings estimates by 11 analysts indicate a positive outlook, with the Zacks Consensus Estimate rising to $5.08 per share [13]

Core Viewpoint - Limbach (LMB) reported quarterly earnings of $1.12 per share, significantly exceeding the Zacks Consensus Estimate of $0.30 per share, marking an earnings surprise of 273.33% [1][2] Financial Performance - The company achieved revenues of $133.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 10.45% and showing an increase from $118.98 million year-over-year [2] - Over the last four quarters, Limbach has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Limbach shares have increased approximately 20.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.75, with projected revenues of $144.46 million, and for the current fiscal year, the estimate is $3.45 on revenues of $609.16 million [7] Industry Outlook - The Building Products - Maintenance Service industry, to which Limbach belongs, is currently ranked in the top 2% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Limbach's stock performance [5][6]