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Affirm Supercharges US Retail With Expansion Of J.P. Morgan Payments Partnership
Tuesday, March 25, 2025 - 12:38pm | 462Affirm Holdings Inc (NASDAQ:AFRM) announced on Tuesday the expansion of its multi-year agreement with JPMorgan Chase & Co.’s (NYSE:JPM) J.P. Morgan Payments unit, further integrating Affirm’s pay-over-time solutions into the bank’s Commerce Platform. This collaboration allows...
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Online Holiday Shopping Sets Record Of $241 Billion In 2024, Up 8.7% From Last Year
Tuesday, January 7, 2025 - 1:34pm | 466Adobe Analytics released its holiday e-commerce sales report on Tuesday showing that consumers spent a record-setting $241.4 billion online during the 2024 holiday shopping season. The Details: Online spending grew 8.7% from 2023 and consumers spent more than $4 billion in a single day on 15...
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Affirm Holdings Stock Is Moving Lower After Hours: Here's Why
Monday, December 16, 2024 - 6:15pm | 363Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower in Monday’s after-hours session after the Buy Now, Pay Later company announced a proposed private offering. What Happened: After the market close on Monday, Affirm announced plans to offer $750 million worth of convertible senior...
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Fintech's New Year Playbook: Kaspi, Affirm, Shopify Set The Tone For 2025
Monday, December 2, 2024 - 3:26pm | 497The year 2024 may have started slow for fintech stocks, but the sector flipped the script in the second half. JPMorgan's Reginald L. Smith points to a $65 billion leap in the sector's market cap since mid-September, driven by upbeat third-quarter results, rate cuts and post-election tailwinds. As...
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What's Going On With Block Shares Today?
Thursday, August 29, 2024 - 11:58am | 492Block, Inc. (NYSE:SQ) shares are trading higher Thursday as peer "Buy Now, Pay Later" company Affirm Holdings, Inc.'s (NASDAQ:AFRM) stock surges following better-than-expected quarterly results. Block offers Buy Now, Pay Later (BNPL) services through Afterpay which the company acquired in 2022....
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Affirm Q4 Earnings Preview: JPMorgan Names Buy Now, Pay Later Stock Among 'Top Fintech Picks' With 'Attractive Entry Point'
Tuesday, August 27, 2024 - 3:36pm | 765Fintech company Affirm Holdings Inc (NASDAQ:AFRM) could provide a look at consumer financial health and the current growth of buy now, pay later (BNPL) for high-price items when fourth-quarter results are reported Wednesday after market close. Earnings Estimates: Analysts expect Affirm to report...
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The Rise Of 'Buy Now, Pay Later' In 2024
Friday, January 19, 2024 - 11:42am | 573As we step into 2024, the retail landscape is witnessing a transformative trend – the meteoric rise of ‘Buy Now, Pay Later’ (BNPL) services. This year, these services are not just growing but reshaping how consumers approach shopping, especially online. BNPL payments in the United...
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Air Jordan Shoes Too Expensive? This Retailer Lets Consumers Rent To Own, 'Walk Now, Pay Later'
Wednesday, January 17, 2024 - 3:05pm | 738Over the years, Air Jordan shoes from Nike Inc (NYSE:NKE) have become popular to wear, collect and to invest in thanks to the lasting legacy of NBA superstar Michael Jordan and the popular shoe brand. While Jordan shoes may be out of reach for some financially, a retailer has a way to make things...
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Record Online Holiday Spending Driven By Deep Discounts And 'Buy Now, Pay Later' Deals
Thursday, January 4, 2024 - 1:29pm | 680Online spending during the 2023 holiday shopping period hit a record $222.1 billion thanks to major discounts and flexible payment methods, such as “buy now, pay later.” The data, published by Adobe Analytics on Thursday, covered the period from November 1 to December 31, taking in the...
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Young Americans Embrace 'Buy Now, Pay Later' For Holiday Spending: 5 ETFs To Watch
Monday, December 18, 2023 - 1:27pm | 1040As Americans gear up for the holiday season, the latest Bank of America Winter Spending Survey has unveiled a significant shift in holiday spending trends, particularly among younger Americans. With more than 40% of respondents expressing their intention to tighten their belts this festive season...
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Cyber Monday Sales Could Hit $12 Billion: 5 Stocks Plays On E-Commerce Holiday Shopping Growth
Monday, November 27, 2023 - 11:55am | 772Cyber Monday is in full force, as retailers and e-commerce companies stand to benefit from shifts of consumers spending more time and money on online shopping versus at physical retailers. Here's the data and the potential winners. What Happened: A new report from Adobe calls for 2023 Cyber Monday...
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Peter Schiff: 'The Fed Is Not Winning But Everybody Else Is Losing,' Sectors And Investment Ideas To Watch
Monday, February 20, 2023 - 10:46am | 1075Economist Peter Schiff shared his latest opinions on the Federal Reserve, inflation, interest rates and the odds of a recession. Here’s what Schiff had to say and some sectors and investment ideas he’s watching. What Happened: Schiff criticized actions taken by the Federal Reserve...
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Want To Use Apple's 'Buy Now Pay Later' Service? Hope You've Been A Good Consumer
Wednesday, February 15, 2023 - 12:23am | 431Apple Inc. (NASDAQ:AAPL) has reportedly unveiled the lending criteria for its soon-to-launch “buy now, pay later” service as part of an ongoing test with the company employees — and it’s all about customer history. What Happened: Apple’s buy now, pay later service will...
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Apple May Introduce 'Buy Now, Pay Later' Sooner Than You Think As Testing Expands To Retail Employees
Wednesday, February 8, 2023 - 2:01am | 333Days after Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the ‘Buy Now, Pay Later’ service will be “launching soon,” the tech giant has reportedly started contacting retail employees to offer them a test version. What Happened: Apple’s long-awaited “buy now,...
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Affirm Q4 Earnings Highlights: Revenue Beat, EPS Miss, Updated Guidance, Shopify Partnership Bringing Consumers In
Thursday, August 25, 2022 - 5:23pm | 495Buy 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. What Happened: Affirm Holdings reported fourth-quarter revenue of $364.13 million, up 39% year-over-year. The total beat a Street...