Affirm Is Soaring Today -- Is the Buy Now, Pay Later Business Doing Well?

Affirm's stock soared by 25% after releasing its earnings report, which showed strong revenue growth, a narrower net loss, higher-than-expected guidance, and a decrease in delinquency rates, signaling the buy now, pay later fintech company's business model is performing better than expected.

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8/23/2023

Stock Market Today: Stocks Soar Ahead of Nvidia Earnings

Stocks surged as optimism built ahead of Nvidia's earnings report, despite disappointing economic data and mixed retail earnings, with Foot Locker's share price sliding and Abercrombie & Fitch beating expectations. Nvidia reported strong earnings, with revenue doubling, and investors are particularly interested in the company's comments on meeting the demand for AI chips and the future of the AI space.

8/24/2023

Stocks making the biggest moves after hours: Affirm, Gap, Marvell and more

Affirm Holdings stock rose 10.8% after exceeding quarterly expectations, while Nordstrom's shares fell 4% despite reporting better earnings and revenue, and Gap saw a small increase in shares despite mixed results; Marvell Tech's shares tumbled 5% despite surpassing estimates, Ulta Beauty had positive second-quarter results with a 2% increase in shares, Intuit's shares fell over 2% despite beating earnings, and Workday's stock jumped 4% after surpassing expectations and raising its fiscal revenue forecast.

8/25/2023

Affirm Shrugs Off Consumer Fears. Why Analysts Are Split on the Stock.

Wall Street analysts are divided on whether now is the right time to invest in Affirm Holdings stock, as the pay later company dismisses concerns about consumer strains.

9/21/2023

Stocks Mixed After Earnings: FedEx Gains on Beat, KB Home Falls Despite Beat, Klaviyo Slides Post-IPO

FedEx stock gained over 5% after exceeding earnings expectations in its fiscal first-quarter report, reporting adjusted earnings of $4.55 per share compared to the forecasted $3.71 per share.

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Posted 8/25/2023, 3:00:00 PM