核心观点 - 生成式AI不仅仅是炒作，它正在为投资者创造机会 行业巨头和新兴创新者展示了AI如何从金融到医疗等多个行业重塑产业 [1][2] Nvidia: 生成式AI基础设施的支柱 - Nvidia的芯片已成为AI开发的代表，其GPU为从AWS等超大规模计算平台到医疗和媒体领域的初创公司提供动力 [3] - JPMorgan强调Nvidia在生成式AI应用中的关键作用，巩固了其作为生成式AI基础设施支柱的地位 预计到2025年，AI的影响将扩展到软件和相邻主题如金融科技和5G，Nvidia的增长故事远未结束 [4] PayPal: AI驱动的金融科技转型 - PayPal正在利用AI重新定义客户体验，通过AI连接商家和消费者，提供个性化购物洞察，从而提升收入 [5] - JPMorgan指出，AI驱动的工具如PayPal的工具正在培育一个动态生态系统，使小型企业与全球品牌共存 分析表明，PayPal的创新可能进一步提高盈利能力和客户保留率 [6] Adobe: 创意领域的AI创新 - Adobe通过其Firefly套件在媒体和设计领域利用生成式AI推动创意边界，将生成式图像、视频工具和文本到图像功能直接集成到Photoshop和Illustrator中 [7] - JPMorgan认为，Adobe在生成式AI创新中的领导地位巩固了其作为创意专业人士首选平台的地位，同时解决了知识产权和深度伪造等监管挑战 [8] 亚马逊: 医疗领域的AI领导者 - 亚马逊在医疗领域的AI工具已将初级保健的行政工作量减少了40%，并将文档处理速度提高了90% [9] - JPMorgan认为，亚马逊的医疗创新是关键，指出公司能够解决低效率问题并减少高成本行业的倦怠 随着生成式AI继续革命化医疗行业，亚马逊作为颠覆者和推动者的地位使其成为该领域值得关注的股票 [10] AI股票的未来 - 尽管存在炒作，Bloomberg的AI指数显示，软件和应用股票如Adobe仍低于疫情前的高点 然而，JPMorgan预计，随着生成式AI应用的成熟，这一估值差距将缩小，推动云计算、5G和金融科技等领域的行业增长 [12] - 对于投资者而言，关注Nvidia、PayPal和Adobe等已建立的领导者，同时不要忽视垂直特定AI应用中的新兴明星，可能是获得长期回报的关键 [13]

It has been about a month since the last earnings report for Paypal (PYPL) . Shares have added about 10.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Paypal due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. PayPal Q3 Earnings Beat Estimates, Revenues Up Y/YPayPal ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I initiated coverage of PayPal Holdings, Inc. (NASDAQ: PYPL ) stock in May 2023 and have since authored 6 articles. The first 2 articles were published withDaniel Sereda is chief investment analyst at a family office whose investments span continents and diverse ass ...

文章核心观点 - PayPal的股价今年上涨了41%，但公司仍面临长期挑战，是否值得投资以期待长期复苏需要重新审视其业务模式、最紧迫的挑战和估值 [1] 公司面临的挑战 - PayPal的收入很大一部分来自其前母公司eBay，当eBay在2018年至2023年将其支付平台替换为荷兰竞争对手Adyen时，这对PayPal构成了担忧 [2] - 疫情暂时掩盖了PayPal失去eBay业务的影响，但随着疫情影响的消退，其活跃账户、总支付量（TPV）和收入的增长均有所放缓 [3] - 2023年，通货膨胀、利率上升和其他消费支出方面的宏观逆风加剧了PayPal的放缓 [3] - PayPal最大的问题是无法获得更多的活跃账户，其活跃账户在2024年第三季度同比增长1%至4.32亿，远低于其曾经计划在2025年达到的7.5亿活跃账户 [4] - PayPal在2022年初放弃了长期目标，并明显在努力吸引新用户，因为它面临着来自Block的Cash App、Stripe和Apple Pay等其他支付平台的激烈竞争 [5] - PayPal依赖其Venmo点对点支付应用和Braintree后端支付平台来增加TPV，但这把双刃剑导致其年交易率自2015年从eBay分拆以来每年都在下降 [6] 公司未来的计划 - PayPal需要通过增加每个现有账户的平均TPV来应对无法赢得新消费者和企业的挑战 [7] - 新任CEO Alex Chriss推出了一系列新功能，包括FastLane结账服务、Smart Receipts工具和Cash Pass奖励计划，并扩展了其“先买后付”平台以应对Affirm和Block的Afterpay等挑战者，还使用其PayPal USD稳定币来促进更多跨境交易 [7] - 这些举措可能会增加PayPal生态系统的粘性，使其接触到更高增长的市场，并提高每个活跃账户的平均TPV，但公司也在积极削减成本以提高交易利润率，并在过去两个季度实现了连续增长 [8] - PayPal在过去12个月内回购了54亿美元的股票以提高每股收益（EPS），预计全年调整后EPS将增长“高两位数”，自由现金流（FCF）将增长30%至约60亿美元，并计划通过60亿美元的回购将这些现金返还给投资者 [9] 投资建议 - PayPal已经度过了失去eBay的困境，应对了通胀逆风，并仍在从现有用户中挤出更多收入 [10] - 分析师预计，从2023年到2026年，PayPal的收入和EPS将分别以6%和11%的复合年增长率增长，其高增长的日子已经结束，但股价看起来在明年盈利的18倍左右合理估值 [10] - 然而，PayPal的股价并不便宜，因此不建议在当前价格低于87美元时急于购买，而是建议在PayPal克服其长期挑战之前购买更高增长的金融科技股票 [11]

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

PayPal (PYPL 2.30%) is a leader in the electronic payments niche of the broader financial services industry but hasn't been too kind to investors in recent years. Shares currently trade at an alarming 73% off their peak, which was established in July 2021.However, there's been a renewed sense of optimism from the market, as the fintech stock has climbed 25% in the past three months (as of Nov. 18). Does this momentum make the PayPal shares a no-brainer buy that can double in five years?Solid financial perfo ...

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21).The incident lasted from 10:53 UTC to 12:59 UTC Thursday, the company said on its status page.The outage affected account withdrawals, express checkout, cryptocurrency, the receive money function of Xoom and several functions of Venmo, according to the status page.PayPal posted its initial notification of the incident at 12:15 UTC Thursday and said it was resolved at 12:59 UTC Thursday.“We are experienc ...

PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability to process payments.The San Jose, Calif.-based tech giant issued an incident report on its web site on Thursday saying that the outage “may be affecting multiple products in our Production environment.”“Merchants may be encountering an elevated number of” error messages.PayPal said on Thursday that it was “experiencing a system issue” that appears to be interfering with merchants’ ability ...

PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers.The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card are the first users.“Cross-border transactions are an important driver for economic growth and prosperity in developing countries,” Jose Fernandez da Ponte, PayPal senior vice president o ...

Shares of the fintech enterprise have surged in the past few months.Since its founding more than two decades ago, PayPal (PYPL -1.74%) has become a leader in the digital payments arena. However, in the past few years, it has become a disappointment for investors.Shares of PayPal currently trade about 70% below the all-time high they touched in 2021, even though they have soared by more than 40% in the past four months. That combination might have you considering this fintech stock as an investment candidate ...