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...

RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs

Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural ...

Affirm stock plunges 14% as earnings beat but outlook comes up short

Shares of Affirm Holdings Inc. tumbled nearly 14% in after-hours trading Thursday after the buy-now-pay-later company exceeded expectations with its latest results but delivered a lower-than-anticipat...

Inflation has knocked back the market. Here are the key S&P 500 and tech stock levels one strategist fears.

Investors are still trying to come to grips with that double whammy of nosebleed consumer prices and 100-basis-point increase talk from St. Louis Federal Reserve President James Bullard. Read: Oil is ...