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The Latest Breaking News from Affirm

Apple joins the 'buy now, pay later' lending trend. Do you know about the downsides?

Starting this week, Apple is rolling out its version of "buy now, pay later."

Los Angeles Times

How Apple Pay Later Will Pressure PayPal, Cash App And Affirm

Apple's launch of buy now, pay later offerings didn't move AAPL stock much, but investors in PayPal, Square and Affirm took notice.

Investors Business Daily

Should you buy now, pay later for your wedding?

“Buy now, pay later” plans let you break up your purchase into smaller installments that you pay over a series of weeks or months

The Independent UK

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Apple rolls out buy now, pay later service, with guardrails

Apple is getting into the buy now, pay later space with a few tweaks to the existing model, including no option to pay with a credit card

The Independent UK

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

Hundreds more tech, life science layoffs jolt East Bay, San Francisco

BERKELEY, Calif. — Hundreds more layoffs affecting tech and life science jobs in the Bay Area have been disclosed by companies in what has morphed into a steady drumbeat of local staffing reductions in the wobbly sectors.

Tribune News Service

Dow Jones Futures Rise As Disney Jumps; Why This Market Rally Still Looks Healthy

The market rally fell Wednesday as Google dived, but it still looks healthy. Disney leads overnight earnings movers.

Investors Business Daily

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These are the stocks that kept investors up at night in 2022

It’s been a year of historic selloffs for U.S. equities.

Tribune News Service

The problems with using buy now, pay later to fund travel

“Buy now, pay later” services like Affirm, Afterpay and Klarna can sometimes provide a cheaper, more accessible version of credit

The Independent UK

Investors Lose Trillions As Founders Run 20 Stocks Into The Ground

Investing in S&P 500 companies run by their founders used to be a smart bet. Not this year: It's cost you $2.7 trillion.

Investors Business Daily

Can Affirm take down the credit card industry? It’s CEO Max Levchin’s 30-year plan

Between a huge IPO pop and eventual stock drop, Affirm's CEO says the mission to help consumers hasn't wavered.

Fortune

Affirm Stock Tanks; Analyst Calls Lowered Full-Year Outlook 'Stain On The Shirt'

Affirm stock tumbled on lowered full-year guidance amid slowing sales at key customer Peloton Interactive as well as a slowing economy.

Investors Business Daily

High Interest Rates Bad News For Upstart And Affirm — What Investors Need To Know Ahead Of Earnings

With consumers becoming more aware of their spending habits in times of economic contraction and rising prices, companies built around personal lending can expect to experience hard times.

Benzinga

Nation's consumer watchdog taking aim at 'buy now, pay later' lenders

The nation's consumer watchdog plans to start regulating the booming "buy now, pay later" industry, voicing concerns about potential abuses, data mining and consumers being enticed to overextend themselves.

Tribune News Service

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StockNews.com

1 Stock That Is a Hard Pass for the Smart Investor

Shares of fintech company Affirm Holdings (AFRM) have plummeted more than 75% in price year-to-date. The company has been dealing with economic and credit cycle headwinds, which impacted its financials. Its profitability is expected to be significantly affected by shrinking consumer spending. Hence, we think investors should stay away from…

The Independent UK

EXPLAINER: What to know about 'buy now, pay later'

If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to “buy now, pay later” by breaking the cost into smaller installments over time

The Independent UK

As 'buy now, pay later' plans grow, so do delinquencies

A growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments

Benzinga

Why Affirm Stock Is Surging And What To Watch For Next

Affirm Holdings, Inc (NASDAQ: AFRM) surged over 10% on Friday after printing a bullish Marubozu candlestick on Thursday, which suggested the stock was likely to trade higher.

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news in one place.

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Benzinga

4 Affirm Holdings Analysts Offer Takes On Quarter: Company Having 'Economic And Credit Cycle Turbulence'

Affirm Holdings Inc (NASDAQ: AFRM) reported $364.1 million in sales for its fiscal fourth quarter, beating the consensus estimate of $355 million in sales. The company, meanwhile, reported a loss of 65 cents per share, significantly worse than Street expectations of a loss of 58 cents per share.

Benzinga

Affirm Q4 Earnings Highlights: Revenue Beat, EPS Miss, Updated Guidance, Shopify Partnership Bringing Consumers In

Buy now, pay later company Affirm Holdings (NASDAQ: AFRM) reported fourth quarter and full fiscal year results after market close Thursday. Here are the key highlights.

Investors Business Daily

Affirm Collapses As Investors Eye This This Key Metric In Its Guidance

Affirm holdings reported wider-than-expected quarterly losses and issued partially disappointing guidance. AFRM stock tumbled Friday.

Benzinga

Trading Ideas For Affirm Stock Before, After Q4 Earnings

Affirm Holdings, Inc (NASDAQ: AFRM) is set to report fourth-quarter earnings after the market close on Thursday. The stock was trading mostly flat heading into the event.

Investors Business Daily

The Best-Paid Tech Execs Include Amazon CEO Andrew Jassy — And 5 Surprises

Tech investors know Amazon.com Chief Executive Andrew Jassy is among the best-paid executives in the game. But he's not the leader.

Investors Business Daily

Can Affirm Win Back Investor Confidence In Buy Now, Pay Later?

When Affirm Holdings reports June quarter earnings on Thursday, the consumer financing firm's fiscal 2023 outlook could move AFRM stock.

Benzinga

Bears May Be Feeling Comfortable, But Here's Why Affirm Will Bounce

Affirm Holdings, Inc (NASDAQ: AFRM) was sliding over 6% lower on Monday after a sharp decline on Friday caused the stock to plunge almost 10% and print a bearish kicker candlestick.

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