No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Tag: Affirm
Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.
Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...
Stocks moving in after hours: Disney, Affirm, Mattel, Robinhood
Disney posted a quarterly earnings beat and announced a new company structure as it aims to streamline the business and reduce costs. The restructure will consist of three core business units: Enterta...
Affirm to lay off 19% of staff, stock tanks after earnings disappointment
Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the buy-now-pay-later company came up shy with both its results and outlook. “The root caus...
Affirm earnings: What to expect from the buy-now-pay-later company
After robust growth for buy-now-pay-later services in the prior holiday season, Affirm Holdings Inc. is still expected to have increased its top line in the most recent December quarter, but at a much...
No Further Scope for The Affirm Stock Price, Why do Investors Keep it in Portfolio?
Affirm stock price has lost the key $10 support level amid intense selling. NASDAQ: AFFIRM stock price (AFRM) is down about 36% this month. The buyers are in big trouble as the share price has seen a ...
Buy-Now Pay-Later Revenues Surge Up 70% Ahead Of The Holidays
Businessmen holding a smartphone with icons of BNPL with online shopping icons technology. BNPL Buy … [+] now pay later online shopping concept. getty Consumers don’t always realize Buy now, pay...
Disney, AMC, Affirm, and more
Disney (DIS): Despite reporting record full-year sales, Disney shares fell 6% in extended trading after missing on both the top and bottom lines in its fiscal fourth quarter. The company posted adjust...
Affirm Looks Weak Ahead of Earnings
In our August 26 review of Affirm (AFRM) we wrote that “The charts and indicators of AFRM are weak and traders should avoid the long side for now. Maybe later…” With AFRM scheduled...
September job gains affirm that the Fed has a long way to go in inflation fight
The Go! Go! Curry restaurant has a sign in the window reading “We Are Hiring” in Cambridge, Massachusetts, July 8, 2022. Brian Snyder | Reuters September’s jobs report provided both ...
Affirm, Electronic Arts, Dell, Seagen and more
Electronic Arts (EA) signage is displayed on the back of a chair at the company’s campus in Burnaby, British Columbia, Canada. Ben Nelms | Bloomberg | Getty Images Electronic Arts (EA) signage i...
Affirm, Gap, Workday and more
Top trending after-hours tickers on Yahoo Finance: Affirm (AFRM): Shares dropped more than 14% after its first quarter and full-year 2023 revenue guidance missed estimates. Affirm sees first-quarter r...
Affirm Holdings punished on weak guidance
Affirm Holdings Inc (NASDAQ: AFRM) reported better-than-expected revenue for its fiscal fourth quarter on Thursday. Shares still tanked 15% after the bell on widened loss and weak guidance. Notable fi...
Ulta, Affirm, Marvell and more
Pedestrians walk past a Gap Inc. store in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Affirm — The buy-now-pay-later darling...
G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation
Finance ministers and central bank governors from the G20 nations spoke about the need for cross-border cooperation and stablecoin regulation at a recent meeting. Governmental figures from the G20 nat...
Why Regulation Will Help The Buy Now, Pay Later Giants
Rather than slowing growth in the BNPL sector, regulatory scrutiny will help it grow up by shutting out smaller lenders, boosting the industry’s reputation and integrating it into the credit reporting...
The Worst Performing Mid-Cap Stocks Of The First Half Of 2022
Peloton shares are down 74% this year and close to 95% from their peak. Getty Images The U.S. stock market wrapped up its worst first half since 1970 on Thursday, falling 21.1% since the year began an...
Apple To Take On Affirm And Klarna With Entry Into Buy Now Pay Later
Getty Images Key Takeaways Apple held its WWDC keynote on Monday, announcing iOS 16, the new M2 chip and multiple other new features and technology They also announced a foray into the Buy Now Pay Lat...
Apple is offering ‘buy now, pay later.’ 4 reasons to think twice before signing up
After months of speculation, Apple AAPL, -0.45% finally unveiled its buy now, pay later offering this week, wading into an industry that’s experienced explosive growth. But consumers should be wary of...
Apple leaps into BNPL space as Affirm stock takes a hit
Apple (AAPL) today announced that it would join the Buy Now, Pay Later (BNPL) fray at its Worldwide Developers Conference 2022, or WWDC. The service, called Apple Pay Later, will be available through ...
Affirm shares are down 75% YTD: here’s what the CEO has to say
Shares of Affirm Holdings Inc (NASDAQ: AFRM) are down 75% this year but CEO Max Levchin continues to be confident about the “fundamentals” of the company. Affirm is doing extraordinarily w...
Affirm and Klarna ramp up competing efforts to attract US consumers
Welcome to The Interchange, a take on this week’s fintech news and trends. To get this in your inbox, subscribe here. Buy now, pay later has become nearly ubiquitous here in the U.S. As such, companie...
Here’s why the Affirm stock price is crashing and what next
The Affirm (NASDAQ: AFRM) stock price crashed by more than 10% on Wednesday as investors continued worrying about the Buy Now Pay Later (BNPL) industry. The stock dropped to a low of $24.51, which was...
‘U.S. consumer is alive and well’ — Affirm CEO says market turbulence has no impact on business
Affirm Holdings Chairman and CEO Max Levchin told CNBC that despite the market’s poor performance this year, U.S. consumers – and Affirm’s customers – are spending healthily. “The U....
Affirm stock up 30%: ‘higher rates have not been a real impact on cost’
Affirm Holdings Inc (NASDAQ: AFRM) stock opened 30% up on Friday after the BNPL company reported strong results for its fiscal Q3 and raised guidance for the full financial year. Key takeaways from Af...
Twitter, Affirm, Robinhood and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily...
Bitcoin will hit $50k by the end of this week; do metrics affirm that narrative?
Bitcoin price has been consolidating above $44,500 for quite some time. Even the 1 April downtick failed to move below this support level, further strengthening the bullish outlook. Regardless, BTC ha...
Affirm Faces Competition. J.P. Morgan Starts Coverage With Neutral Rating.
Text size Affirm is set to report its quarterly earnings after the closing bell Thursday Courtesy Affirm “Buy now pay later” company Affirm is poised to continue its growth, fueled by an increase in c...