Overview - Klarna introduces KlarnaUSD, its first stablecoin [1] - Klarna is the first bank to launch on Tempo, a payments blockchain by Stripe and Paradigm [1] Market Opportunity - Stablecoin transactions reach $27 trillion annually [1] - Klarna aims to bring faster, cheaper cross-border payments to its 114 million customers [1] Technology & Partnership - Klarna is building the future with Tempo and Bridge [1] - Crypto is ready for scale [1]

Core Insights - Concerns about AI replacing human workers have escalated, with a recent MIT study indicating that AI can replace 11.7% of the US labor market [1] Company Actions - **HP**: Plans to cut 4,000 to 6,000 jobs by the end of 2028, aiming to save around $1 billion through AI initiatives and workforce reductions [6][7] - **IBM**: Has replaced hundreds of HR employees with AI and plans to cut thousands of workers by Q4 2025, while also shifting focus to hire more in AI and quantum roles [10][11][12] - **Amazon**: Announced 14,000 job cuts, with CEO stating the layoffs were not primarily driven by AI but rather cultural reasons [15][16] - **Salesforce**: Reduced customer support headcount from 9,000 to 5,000 due to AI agents, while successfully redeploying hundreds of employees to other areas [20][21] - **Klarna**: CEO indicated the company could operate with half its current staff, with AI handling the workload equivalent to 853 full-time agents, saving an estimated $58 million annually [25][26] - **Fiverr**: Slashed approximately 30% of its workforce, affecting about 250 employees, to become a leaner "AI-first company" [31][32] Industry Trends - A World Economic Forum survey found that 41% of companies globally expect to reduce their workforces over the next five years due to AI, while tech jobs in big data, fintech, and AI are projected to double by 2030 [3]

Market Trends - BTC & ETH rebound after reclaiming key levels, marking the first real bounce in weeks [1] - On-chain stocks are gaining traction across perps & tokenized assets [1] - Stablecoins continue expanding into consumer fintech (KlarnaUSD) [1] Project Developments - MegaETH & Monad are battling for mindshare with messy but high-profile launches [1] - HIP-3 growth tools indicate Hyperliquid is doubling down on builder incentives [1]

CMC Market Pulse: First Signs of Life.BTC +6.78%, ETH +7.74%! $3.20T market cap. BTC reclaims 90K. Upbit bought for $10B and exploited for $36M. Klarna launched a stablecoin.Let’s break down this week’s top crypto narratives 🧵1/6 https://t.co/OryljBB6cZ ...

holy fuckFelipe Montealegre (@TheiaResearch):@blknoiz06 Store pays them 3-6% of the order valueIt works because having a Klarna (or any BNPL) button at checkout makes it more likely people finish their purchase and spend moreOnly makes sense for high margin items like cosmetics electronics etc ...

RT Sebastian Siemiatkowski (@klarnaseb)You spend time trying to tell the story, explore different angles, put some marketing together to get the message out there.Then Ansem tweets and 7 million people read up on how Klarna works and that it actually for real is 0 % interest. 😂 ...

lmaoooooooooooSebastian Siemiatkowski (@klarnaseb):You spend time trying to tell the story, explore different angles, put some marketing together to get the message out there.Then Ansem tweets and 7 million people read up on how Klarna works and that it actually for real is 0 % interest. 😂 ...

hit a weird section of twitter againAnsem (@blknoiz06):how does klarna make money if they charge 0 interest ...

Core Insights - Klarna has announced a multi-market partnership with Lufthansa Group to offer flexible payment options for travelers in Europe and the U.S. [1][2] - The integration allows customers to pay in full, pay later, or spread the cost over time, enhancing convenience and control for travelers [2][3] - The rollout of these payment options will begin in mid-November and expand across all Lufthansa Group Network Airlines by the end of Q2 2026 [3] Company Overview - Klarna is a global digital bank with over 114 million active users and processes 3.4 million transactions daily [5] - The company partners with over 850,000 retailers, including major brands like Uber, H&M, and Airbnb, to provide innovative payment solutions [5] - Klarna is listed on the New York Stock Exchange under the ticker symbol KLAR [5] Industry Context - The partnership reflects a growing demand for flexible payment solutions in the travel industry, as more travelers seek fairer payment options [3][4] - Klarna's collaboration with Lufthansa Group adds to its existing partnerships with leading travel brands such as Airbnb, Expedia, and Booking.com [4]

Core Insights - HP plans to cut 4,000 to 6,000 jobs globally by the end of October 2028 to accelerate the integration of AI technology into its core business, aiming to enhance product development efficiency and customer service experience [1][3] - The company expects to save approximately $1 billion annually from this restructuring plan, although it will incur costs of about $650 million for the implementation [3] - Despite a challenging profit outlook, HP's fourth-quarter revenue reached $14.6 billion, driven by strong demand for AI PCs, which accounted for over 30% of the company's shipments [7] Company Actions - The job cuts will primarily affect departments involved in product development and customer support, as HP seeks to embed AI deeply into these areas [2][1] - This announcement follows a previous reduction of 1,000 to 2,000 employees earlier in the year as part of an ongoing restructuring effort [7] Financial Performance - HP's adjusted earnings per share for the next fiscal year are projected to be between $2.90 and $3.20, falling short of analysts' expectations of $3.33 [3] - The company attributes some of the profit compression to additional costs from U.S. trade tariffs [3] Market Context - The rising demand for AI infrastructure has led to increased prices for memory chips like DRAM and NAND, which could impact HP's profitability [7] - Other companies are also integrating AI into their workforce restructuring, indicating a broader trend in the industry [8]