A senior US lawmaker affirmed on Monday Washington’s support for Taiwan against Chinese “aggression”, on the first congressional visit to the self-ruled island since it swore in a new president. Sitting down Monday morning with President Lai Ching-te, Representative Michael McCaul — who heads the influential House Foreign Affairs Committee — said he and his […]
Consumer financing firm Affirm Holdings (AFRM) on Wednesday reported a smaller-than-expected loss in the March quarter while revenue and other financial metrics beat Wall Street targets. Guidance came in above expectations. X The San Francisco-based company reported fiscal third-quarter earnings before the market open. In the Affirm earnings report, the company reported a 43-cent per […]
By Hannah Lang (Reuters) – Fintech lender Affirm has started quietly offering “buy now, pay later” (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters. Over the past year, Affirm has more than doubled the number of elective medical merchants on its network, reaching around […]
San Francisco-based fintech Affirm is laying off 60 Pittsburgh employees, starting on Feb. 15 through April 30, according to a Warn Notice filed with the Pennsylvania Department of Labor & Industry. All work remotely, the Warn Notice said. “We consolidated several operations teams,” an Affirm spokesperson confirmed Friday via email. “Unfortunately, these changes resulted in […]
In a Thursday morning press conference in Florida, Republican Gov. Ron DeSantis, a failed 2024 presidential candidate, flanked by representatives from the Southern Poverty Law Center-designated anti-government extremist group Moms for Liberty, including co-founder Tina Descovich, attempted to defend the state’s restrictive educational policies. “Parents in Florida have a right to send their kids to […]
Consumer financing firm Affirm Holdings (AFRM) reported a smaller-than-expected loss in the December quarter while revenue and other financial metrics topped Wall Street targets. Company guidance for AFRM stock came in above expectations but may not have been enough after a big run-up. The San Francisco-based company reported fiscal second-quarter earnings after the market close. […]
When it comes to investing in fintech companies and the financing concept of BNPL — buy now, pay later — Affirm (AFRM) comes to mind. X And Affirm stock made more than a nifty comeback in 2023. In 2024 so far, thanks to a timely rebound this week with quarterly results right on the horizon, […]
Coming off a big year for AFRM stock, beating profit and revenue consensus estimates will naturally be possible catalysts for Affirm Holdings (AFRM) when it reports fiscal second-quarter earnings on Thursday. But two other financial metrics will also be key for the consumer financing firm and Affirm stock. Affirm provides buy now, pay later (BNPL) […]