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12:44
Seeking Alpha
News
24 Mar, 2023
Block (SQ) shares are under pressure after falling 15% on Thursday, as investors continue to digest Hindenburg's latest short-seller report that targeted the company. The report accused Block of misleading investors by overstating user numbers and says it's been ignoring fraudulent payments. While the report offers details of alleged wrongdoings by Block, some Wall Street analysts are not buying into it. "There were a lot of undertones in that Hindenburg report which I didn't like, and I thought were inappropriate as well," Dan Dolev, Mizuho Senior Financial Technology Analyst, told Yahoo Finance. Dolev points out that there are likely similar things going on in payments apps Zelle and Venmo (PYPL). "To a certain extent, these things happen everywhere." The stats that Hindenburg used to back up its accusations actually show the company has a "good hit rate" Dolev says. "I don't think this is actually a valid argument. ...The numbers speak for themselves." You can watch Yahoo Finance's Brad Smith and Jared Blikre's entire interview with Dolev here. Key Video Moments 00:00:01: Hindenburg 'singled out' the Cash app 00:00:33: 'Inappropriate' findings in the report 00:00:52: Block's 'hit rate' around fraudulent activity 00:01:25: Block's gross profit
The alliance adds VersaClimber to Affirm's (AFRM) network of more than 240,000 retail partners.
23 Mar, 2023
BNPL was traditionally used to spread bigger bills over a longer period of time.
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with VersaClimber, the original total body, vertical cardio climber. Now, eligible shoppers can buy their favorite VersaClimber exercise machines and fitness equipment while paying over time.
In this piece, we will take a look at the 12 best digital currency and payments stocks to buy now. For more stocks, head on over to 5 Best Digital Currency and Payments Stocks to Buy Now. One aspect of our daily lives that has completely transformed over the past decade or so is payments. […]
22 Mar, 2023
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Madrigal Pharmaceuticals Inc (MDGL), where a total of 2,949 contracts have traded so far, representing approximately 294,900 underlying shares. That amounts to about 56% of MDGL's average daily trading volume over the past month of 526,495 shares..
21 Mar, 2023
20 Mar, 2023
12:27
Yahoo! Finance
Financial Technology Partners ("FT Partners"), the first and only global investment bank focused exclusively on FinTech, is proud to announce the launch of the Firm's Equity Research platform. Building on 20+ years of dedicated coverage of the FinTech ecosystem, FT Partners' new Equity Research platform extends the breadth and depth of its global advisory offerings, strengthening the Firm's positioning as the leading expert in both the public and private FinTech space.
15 Mar, 2023
14 Mar, 2023
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track ...
13 Mar, 2023
In this article, we will be taking a look at the 12 most promising fintech stocks to buy. To skip our detailed analysis of the fintech sector, you can go directly to see the 5 Most Promising Fintech Stocks To Buy. The Financial Technology (fintech) sector has been benefitting immensely from growing investments since the last […]
10 Mar, 2023
The Yahoo Finance Live team discusses the biggest takeaways from the first earnings season of 2023.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in DISH Network Corp (DISH), where a total of 49,385 contracts have traded so far, representing approximately 4.9 million underlying shares. That amounts to about 71.5% of DISH's average daily trading volume over the past month of 6.9 million shares..
09 Mar, 2023
07 Mar, 2023
The zero-interest installment loans have exploded in popularity. Users are likely to have lower income and less liquidity than nonusers, the agency said.
02 Mar, 2023
Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Michael Linford, CFO, will participate in a shareholder fireside chat on Thursday, March 9, 2023. The discussion will be moderated by Timothy Chiodo and Moshe Orenbuch from Credit Suisse and will begin at 11:00 AM Eastern Time.
23 Feb, 2023
Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that the Company will participate in the following investor conferences:
20 Feb, 2023
14:46
FinancialContent
Economist Peter Schiff shared his latest opinions on the Federal Reserve, inflation, interest rates and the odds of a recession. ...
The company has seen pressure in some consumer spending categories it caters to.
17 Feb, 2023
11:50
FinancialContent
Rising interest rates have raised funding costs and chilled investor demand for Affirm's loans.
16 Feb, 2023
Affirm CEO Max Levchin joins Yahoo Finance Live’s Rachelle Akuffo and Brian Sozzi to discuss company earnings, competition in the buy now, pay later space, the pullback in consumer spending, managing credit, investor sentiment, worker layoffs, and the outlook for Affirm.
15 Feb, 2023
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Affirm Holdings Inc (AFRM), where a total volume of 117,651 contracts has been traded thus far today, a contract volume which is representative of approximately 11.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48% of AFRM's average daily trading volume over the past month, of 24.5 million shares..
14 Feb, 2023
Upstart Holdings, Inc (NASDAQ: UPST) was rallying Tuesday as the company heads into its fourth-quarter earnings print after the ...
Upstart's earnings reports are known to take investors on wild rides
13 Feb, 2023
Which of these broken fintech stocks will stabilize in 2023?
13:19
FinancialContent
A recent report by Grand View Research showed that global mobile payments transactions werevaluedat over $2 trillion in ...
10 Feb, 2023
Affirm Holdings, Inc. (NASDAQ:AFRM) Q2 2023 Earnings Call Transcript February 8, 2023 Operator: Good afternoon. Welcome to Affirm Holdings Second Quarter 2023 Earnings Conference Call. Following the speakers’ remarks, we will open up the lines for your questions. As a reminder, this conference call is being recorded, and a replay of the call will be […]
Upgrades
According to SVB Leerink, the prior rating for AbbVie Inc (NYSE:ABBV) was changed from Underperform to Market Perform. In the ...
Companies in The News Are: CRM, LCID, AFRM, GOOGL
By Liz Moyer
Analysts have provided the following ratings for Affirm Holdings (NASDAQ:AFRM) within the last quarter:
Bullish
Somewhat ...
The once-hot fintech company is crashing into the reality of higher interest rates.
09 Feb, 2023
Yahoo Finance Live examines Affirm shares after reporting an earnings miss and receiving a downgrade from analysts.
Yahoo intends to lay off more than 20% of its staff as it changes the way it approaches its work in advertising technology
By early afternoon, the tech-heavy index was in the red.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Tech stocks have had a big run to start 2023, but traders might want to lock in some gains, particularly in these three overvalued tech firms.
The post 3 Overvalued Tech Stocks Just Waiting to Get Clobbered appeared first on InvestorPlace.
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Affirm Holdings Inc (NASDAQ: AFRM) topped off the earnings season for “buy now, pay later” and lending stocks with a ...
17:50
FinancialContent
Gainers
Hempacco Co., Inc. (NASDAQ: HPCO) rose 296% to $2.99 after declining 6% on Wednesday.
Cardiovascular Systems, Inc. ...
Here are the most active equity options for midday.
Gainers
AppLovin (NASDAQ:APP) stock moved upwards by 31.1% to $16.63 during Thursday's regular session. As of 12:30 EST, this security ...
Software company GitLab Inc. is planning to cut about 7% of its staff in the latest round of technology layoffs.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Wearable Devices (WLDS) stock is soaring higher on Thursday after the company received a $900,000 grant for its AI product.
The post Wearable Devices (WLDS) Stock Pops 52% on $900,000 AI Catalyst appeared first on InvestorPlace.
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Wynn Resorts (WYNN) stock is on the move Thursday as investors react to a cash tender offer from the hotel and casino company.
The post WYNN Stock Alert: What to Know as Wynn Resorts Announces Tender Offer appeared first on InvestorPlace.
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Affirm failed to adapt quickly to the end of the free-money era. Now investors and workers are paying the price with these AFRM layoffs.
The post Affirm Layoffs 2023: What to Know About the Latest AFRM Job Cuts appeared first on InvestorPlace.
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15:01
FinancialContent
Look past mass layoffs, an earnings miss and yet another downbeat forecast, and perhaps you'll find a glimmer of hope in Affirm Holdings Inc.'s latest report.
Upgrades
For EMCORE Corp (NASDAQ:EMKR), Lake Street upgraded the previous rating of Hold to Buy. For the first quarter, EMCORE had an ...
Benzinga Pro data, Affirm Holdings (NASDAQ:AFRM) reported Q2 sales of $399.56 million. Earnings fell to a loss of $322.44 million, ...
13:54
FinancialContent
Gainers
Wearable Devices Ltd. (NASDAQ: WLDS) shares rose 65% to $1.03 in pre-market trading after the company received approval ...
Affirm Holdings Inc(NASDAQ: AFRM)shares are trading lower by 18.16% to $13.11Thursday morning. The company on ...
Gainers
AppLovin (NASDAQ:APP) shares rose 29.1% to $16.37 during Thursday's pre-market session. The market value of their outstanding ...
12:24
FinancialContent
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
We're starting off another day of trading with a look at the biggest pre-market stock movers investors need to watch for Wednesday!
The post Today’s Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday appeared first on InvestorPlace.
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12:20
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U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading ...
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FinancialContent
The see-sawing mood in the market continues as Fed’s data dependency createsvolatility. The index futures point to a solidly ...
AFRM earnings call for the period ending December 31, 2022.
01:15
FinancialContent
Major Wall Street indices closed in the red on Wednesday as investors and traders turned their focus away from Federal Reserve ...
08 Feb, 2023
22:16
FinancialContent
The market rally fell Wednesday as Google dived on its AI event. But the pullback is still healthy. Disney and several chip stocks reported late.
Gainers
AppLovin (NASDAQ:APP) shares rose 26.3% to $16.02 during Wednesday's after-market session. At the close, AppLovin's trading ...
Affirm Holdings Inc. shares were plunging 18% in after-hours trading Wednesday after the buy-now-pay-later company fell short with its results and outlook.
Affirm Holdings Inc(NASDAQ: AFRM) shares are trading lower by 17.17% to $13.27 during Wednesday's after-hours session. The ...
Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fiscal 2023 second quarter ended December 31, 2022. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found on the “Events and Presentations” section of the Company’s investor relations website at https://investors.affirm.com.
Affirm Holdings Inc (NASDAQ: AFRM) shares are trading lower by 3.72% to $16.57Wednesday morning. Traders and investors are ...
After robust growth for BNPL in the prior holiday season, Affirm is expected to have increased its top line at a much slower pace in the latest quarter
07 Feb, 2023
Affirm Holdings (NASDAQ:AFRM) is set to give its latest quarterly earnings report on Wednesday, 2023-02-08. Here's what investors need ...
Gainers
Oak Street Health, Inc. (NYSE: OSH) shares climbed 34.05% to $34.8 in pre-market trading, with CVS Health (NYSE: CVS) ...
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