Shift4 Payments, Inc.

Fiserv, Inc.

Global Payments Inc.

Fidelity National Financial, Inc.

Toast, Inc.

Block, Inc.

PayPal Holdings, Inc.

Investor Michael Burry, who predicted the collapse of the mortgage market in 2008, has <a href="https://michaeljburry.substack.com/p/the-payments-giants-fee-fi-four-umm">released a review of the</a> fintech sector on his blog: he accuses the industry of using aggressive accounting methods to artificially inflate profits and mask business stagnation.

Burry warned of risks in the fintech sector. What stock is he holding and what is he watching out for?

Payment giant PayPal Holdings received its third downgrade from analysts this month: on December 16, Morgan Stanley (MS) downgraded its recommendation on the company's shares from "neutral" to "sell," SeekingAlpha <a href="https://seekingalpha.com/news/4532910-paypal-gets-another-rating-downgrade-this-time-from-morgan-stanley">writes.</a>

Morgan Stanley advises selling PayPal. This is the third downgrade in a month

Amazon.com, Inc.

Worthington Enterprises, Inc.

Tesla, Inc.

Lennar Corporation

RadNet, Inc.

Pfizer Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research

Morning in New York: foreign policy news is the market's focus

Ford Motor Company

PayPal has applied to create its own bank to lend to small businesses and launch savings accounts. The Nasdaq exchange decided to switch to round-the-clock trading. The U.S. has collected more than $200 billion since the beginning of 2025 due to import duties imposed by Donald Trump. About these and other topics - in our review of key events for the morning of December 16.

Highlights for the morning: selloff in China, Nasdaq trades around the clock, PayPal goes to the banks

The news helped PayPal stock move into the plus side in the postmarket, offsetting the drop after a downgrade from Baird

PayPal has applied to set up a bank in the US. Why would the company do that?

The bank downgraded Fiserv and PayPal, while analysts upgraded their rating on shares of restaurant software and hardware developer Toast, in contrast

'Too late to sell, too early to buy': J.P. Morgan revises fintech ratings

The company will be OpenAI's first e-commerce partner

PayPal is integrating its payment system into ChatGPT. Shares soared 15%

Snap Inc.

Meta Platforms, Inc.

Morning in New York: awaiting key events

Micron Technology, Inc.

Meta Platforms is preparing the largest private equity deal in history - nearly $30 billion to deploy a Hyperion data center in Louisiana. New York State approved the construction of a power line for Micron's $100 billion megafactory, which is expected to produce a quarter of all U.S. chips by 2030. These and other topics - in our review of key events by the morning of October 17.

The main thing for the morning: new megaprojects of Meta and Micron and a $300 trillion mistake

An unsecured cryptocurrency survived for 30 minutes

PayPal partner mistakenly issued $300 trillion worth of stablecoins. What's the risk to the industry?

Klarna

Swedish company Klarna, one of the leaders of the "buy now, pay later" market, has finally gone public. It still remains unprofitable. Its competitor, the American PayPal, is also having a tough time: it is profitable, but its growth is slowing down. The shares of both companies look undervalued. Which one is better for a long-term investor?

Klarna vs PayPal: which company to choose, following Buffett's principles?

Apple Inc.

Prior to the collapse on July 29, securities had been rising in price for nine consecutive trading sessions