Jared Isaacman, CEO of Shift4 Payments, at the New York Stock Exchange on June 3, 2021.
Source: NYSE
Fintech stocks were in focus Tuesday as fresh earnings reports and analyst notes drove sharp reactions across the sector.
Shift4 Payments and Upstart Holdings surged following upbeat news, while PayPal shares were slightly higher despite delivering a strong earnings beat.
Shift4 shares rose more than 10% after the company reported better-than-expected first-quarter results and raised its full-year guidance.
Shift4 reported adjusted earnings of $1.07 per share, above the LSEG expectation of 71 cents per share. Sales in the first quarter of $848 million were below the consensus estimate of $868 million.
The payments firm, which has been pushing into new verticals such as stadiums, gaming and travel, projected adjusted EBITDA of $853 million for 2025, up from $843 million. End-to-end payment volume hit $45 billion for the quarter, topping StreetAccount’s consensus estimate of $43 billion.
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Shift4 Payments one day stock chart
Upstart Holdings rallied after Bank of America upgraded the stock to neutral from underperform, setting a $53 price target. The firm cited a more balanced risk-reward outlook, supported by improving business fundamentals and a more reasonable valuation, following a 45% decline in Upstart shares since mid-February.
Analysts pointed to encouraging signs of recovery, particularly Upstart’s increasingly diversified loan portfolio, which is expected to provide more stable volumes. Over the past 18 months, Upstart has added prime loans, HELOCs, small-dollar loans, and has enhanced its auto loan product, expanding its addressable market beyond subprime borrowers and reducing its reliance on riskier credit segments.
Shares of Upstart have traded sharply higher after each of the last three earnings reports, as improvements in funding and loan volumes have boosted investor confidence. Still, nearly 28% of Upstart’s shares are currently shorted, according to Bloomberg.
Upstart reports first-quarter earnings on May 6 with an artificial intelligence-focused Investor Day scheduled for May 14.
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upstart one day stock chart
PayPal, meanwhile, delivered a mixed headline quarter. Shares were 1.5% higher after reporting an earnings beat and revenue that fell slightly short of the Street’s estimate.
One bright spot was Venmo, as revenue rose 20% year over year, reflecting early progress in the company’s effort to better monetize the platform.
While it has long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals such as Zelle and Square Cash has intensified.
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PayPal shares move higher after reporting earnings
Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products such as Pay with Venmo at online checkout, Venmo debit cards and instant transfers, but not from peer-to-peer payments.
Analysts at Mizuho said on Tuesday that while the stock reaction was initially negative, they expect it to rebound. They noted that branded total payment volume rose 6% year over year excluding leap day effects — a better result than expected — and that PayPal reiterated its full-year total payment volume growth target despite macroeconomic uncertainty, signaling underlying strength.
However, Mizuho flagged that keeping full-year earnings per share guidance unchanged despite a lower tax rate could remain a drag on sentiment.
A recent AAA poll shows that just 13% of Americans trust self-driving cars, leaving 87% either unsure about, or “too afraid” to give up the controls. At the same time, it seems like Stellantis is giving up on its highly-publicized AutoDrive Level 3 ADAS.
Is this the beginning of the end of self-driving hype?
A 2025 survey from AAA indicates that more than 60% of American drivers are “afraid” to ride in a self-driving car, while only 13% think the development of self-driving technology should be a priority – but what might be more disturbing for companies that are deeply invested in autonomy is that the public’s attitudes don’t seem to be improving.
“Most drivers want automakers to focus on advanced safety technology,” explains AAA automotive engineering director Greg Brannon. “Though opinions on fully self-driving cars vary widely, it’s evident that today’s drivers value features that enhance their safety.”
Given that, it’s no wonder Stellantis is backing off – but not giving up. “(STLA AutoDrive) was unveiled in February 2025 was L3 technology for which there is currently limited market demand,” a Stellantis spokesperson told Reuters. “So this has not been launched, but the technology is available and ready to be deployed.”
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Alexander Vlaskamp, the outspoken CEO of MAN Trucks, claims that an electric semi truck can pay for itself in less than three years – but there are a few asterisks in that statement. We’ll try to unpack them all for you here.
The good news is that, in the EU, incentives are plentiful. MAN says those programs, together with Europe’s much higher diesel prices compared to the US (about $6.80/gal compared to $3.70, as I type this), can help the eTruck pay for itself in as little as two and a half years.
And, if you’re not familiar with European incentives for electric semi trucks, hold on to your hats because they are wild:
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up to 80% of vehicle purchase price subsidy in Austria (ENIN)
in Belgium, there’s a subsidy for up to 32% of the price of the truck (up to 2 trucks per company)
in Ireland, government incentives cover 30–60% of the up-front cost difference versus a comparable diesel truck
Norway offers a similar 60% diesel cost difference incentive
“It’s all about the charging infrastructure, that’s the problem,” Vlaskamp told Börsen-Zeitung. “When it comes to investment in charging stations, Europe is lagging far behind … what’s needed now is the political will to reverse this trend,” adding, “We need to act quickly.”
Charging is key
Charging an eTruck; via Man Trucks.
Spanish-language site Motorpasión notes that red tape isn’t the only reason charging lags. Driving investment into new charging infrastructure is lagging, too – but MAN’s CEO thinks there’s a simple fix: take half of annual toll revenues generated by commercial trucks (around €7 billion in Germany, alone) and funnel it directly into DC fast charging.
In addition to the still deficient charging network, another obstacle is the cost of electricity for charging. Vlaskamp proposes a reduced price for commercial truckers, as has traditionally been the case with diesel. Currently, the average price is 45 to 50 cents per kWh, but says the ideal would be, “between €0.20 and €0.30/kWh.”
TL;DR: if charging was cheaper and easier to access and the government was willing to subsidize EVs as much as they’ve subsidized oil with the creating and ongoing support of a globalized military industrial complex, MAN Trucks’ CEO thinks plug-in semis would be a no-brainer.
Head on down to the comments and let us know if you agree.
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It’s Labor Day weekend, which means big deals on car lots across America – especially if you’re shopping for a new electric vehicle to help with your labor. We’ve rounded up the best offers on electric pickups, vans, and even a great option for ride share drivers!
Sure, there’s a bit of irony in pitching “work vehicles” on a holiday meant for not working – but for many small business owners, work is part of who they are. And with the $7,500 federal EV tax credit set to expire, plus a wave of great Labor Day deals on work-ready EVs, now might be the best time yet to plug into a new electric ride.
Here are some of the standout electric vehicles offers we found this Labor Day weekend (2025), organized by vehicle type.
Electric pickup | F-150 Lightning
F-150 Lightning; via Ford.
The “Ford for America,” summer sales event continues through Labor Day with interest-free 0% financing, $0 down payment, and zero payments for up to 90 days for retail customers. Ford is also throwing in $0 maintenance for 24 months.
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But wait, there’s more! Ford Authority is reporting that a complimentary home charger and standard installation might also be included as part of the Ford Power Promise promotion happening at participating dealers in select markets with the purchase of a new F-150 Lightning pickup through the end of September.
Lease customers aren’t being left out, either. You can lease a 2025 Ford F-150 Lightning XLT 4P 311A pickup at $399 per month for 36 months, with “just” $399 due at signing (basically your first month’s payment).
For your money, you get a capable, Ultium-based electric cargo van with more room than your college dorm and a nationwide dealer network to keep it up and running when you need it most.
Electric van (hon. mention) | Mercedes eSprinter
2024 eSprinter; via Mercedes-Benz.
Despite being based on the company’s existing diesel platform, Mercedes’ eSprinter has proven itself a capable urban hauler in the hands of Amazon, DHL, and countless European tradespeople. Despite that, there are still a handful of leftover 2024 models hanging around dealer lots – enough that Mercedes is offering up to $30,000 (!) Customer Cash on any new ’24MY eSprinter purchased from dealer stock.
As you can imagine, there’s some fine print on that Customer Cash deal. It can’t be combined with Special APR programs through Mercedes-Benz Financial Services (MBFS), but it can be combined with the Mercedes-Benz Commercial Vehicles Medium Fleet Program.
And, while we’re at it, it’s probably worth noting that serious road warriors will probably save more than $129/mo. in fuel alone.
If you prefer to own your vehicles after making payments on them for a few years, you can also get 0% interest financing on select ID.4s for up to 72 months. It’s important to note here that Volkswagen’s deals can vary wildly by region. That $129/mo. offer is available in California and a few other West Coast states, for example, but the electric crossover’s listed at $329 for 24 months with $4,499 due at signing in others.
Disclaimer: the vehicle models and financing deals above were sourced from CarsDirect, CarEdge, and (where mentioned) the OEM websites – and were current as of 29AUG2025. These deals may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.
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