Affirm is partnering with Costco to offer online shoppers the option to pay over time for transactions.The financial services company announced the collaboration Thursday (May 8) in a shareholder letter. Customers, if approved, will be to able select monthly Affirm payment plans when shopping on Costco’s website.“[We] are proud to announce our online partnership with Costco — a brand and a retailer I have personally admired for a long time because of their unwavering commitment to customer experience and tr ...

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada.Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts' estimates even as profit for the prior quarter was better than expected. The stock fell 10% in extended trading on Thursday.Here's how the company did, compared to analysts' consensus estimates from LSEG:Earnings per share: 1 cent vs. an expected loss ...

Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025.Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.Shares were as high as 10% post-earnings.Here's how the ridesharing company did:Earnings: 1 cent per shareRevenue: $1.45 billion vs. $1.47 billion estimate from LSEGRevenues grew 14% from a year ago to $1.45 billion. The company reported net income of $2.57 million, or 1 cent per share. That's up from a n ...

Core Viewpoint - The Walt Disney Company's shares have experienced a significant rally, driven by stronger-than-expected growth, particularly from demand at US theme parks [1] Group 1: Stock Performance - Disney's stock saw a more than 10% increase on Wednesday, continuing to rally on Thursday [1] - The stock is approaching another breakout, as indicated by technical analysts [1] Group 2: Market Dynamics - Stock rallies often face resistance levels, which are price points where there is substantial sell interest [2] - When a market trends higher, a lack of sellers can lead to an uptrend as buyers compete for shares [2] Group 3: Resistance Levels - Resistance was previously noted around $101.65 in March, where the stock reversed and declined [4] - The recent news allowed Disney to break through this resistance, indicating that sellers at this level were no longer a factor [6] - Current resistance is observed around $106.50, attributed to remorseful buyers from January who are now selling [7][8]

Shares of Sezzle (SEZL 46.90%) were on fire today as the buy-now, pay-later (BNPL) platform delivered strong results in its first quarter and raised its guidance.The quarter is the latest evidence of strong momentum in the business, and the stock was up 51% as of 1:24 p.m. ET. Sezzle soarsThe fintech company said that gross merchandise volume (GMV), or spend on the platform, jumped 64.1% to $808.7 million, with customer purchase frequency up to 6.1 times in the quarter from 4.5 in the quarter a year ago.Tha ...

AngloGold Ashanti PLC (AU) and Barrick Mining Corporation (GOLD) are leading global gold mining names with diversified operations across multiple continents. Gold prices have gained 28% so far this year. This has been supported by safe-haven demand amid geopolitical uncertainty, escalating trade tensions, stock market volatility and U.S. dollar weakness during this period. This trend is expected to continue, fueled by robust central bank buying; expanding industrial use in energy, healthcare and technology; ...

Core Viewpoint - U.S. corporate share buybacks have surged significantly, indicating a strong preference for repurchasing shares over dividend payments, with a total of $262 billion in buyback announcements since April 1 [2][9]. Group 1: Buyback Trends - April marked the strongest monthly pace for corporate share buybacks in years, acting as a stabilizing force in volatile markets [1][3]. - The trend of increasing buybacks following market corrections was observed during the Silicon Valley Bank crisis and the early stages of the Ukraine war [3]. - Companies are utilizing buybacks to boost earnings per share (EPS), signal confidence, and fend off activist investors, leading to a notable increase in share prices [9]. Group 2: Major Corporate Buybacks - Apple Inc. announced a staggering $100 billion buyback, reinforcing its long-standing practice of repurchasing shares [4]. - Alphabet Inc. followed with a $70 billion share repurchase, while Wells Fargo & Co. committed $40 billion to its own stock [5]. - Other notable buybacks include KLA Corp at $5 billion, Dick's Sporting Goods at $3 billion, and Shell PLC at $3.5 billion, showcasing a broad interest across various sectors [6]. Group 3: Sector-Specific Buybacks - The technology sector is particularly active, with Broadcom Inc. and Applied Materials Inc. each announcing $10 billion buyback plans [7]. - Consumer and industrial companies are also participating, with Graphic Packaging Holding Co., Ingersoll Rand Inc., and Cirrus Logic Inc. committing between $500 million and $1.5 billion, and MGM Resorts International announcing a $2 billion buyback [8].

Permian Resources (PR) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Good morning, and welcome to the Permian Resources Conference Call to discuss its First Quarter twenty twenty five Earnings. Today's call is being recorded. A replay of the call will be accessible until 05/22/2025, by dialing (888) 660-6264 and entering the replay access code 27785 or by visiting the company's website at www.permeonrest.com. At this time, I will turn the call over to Hayes Mabry, Permian Resources' Vice President ...

Core Viewpoint - Agnico Eagle Mines Ltd. is experiencing record net income due to soaring gold prices and is expected to return significant cash to shareholders in 2025 [1][3]. Group 1: Financial Performance - In Q1 2025, Agnico Eagle reported earnings of $1.53, surpassing the Zacks Consensus Estimate by $0.14, marking the 13th consecutive earnings beat [2]. - The company achieved payable gold production of 873,794 ounces with an all-in sustaining cost (AISC) of $1,183 per ounce [2]. - Adjusted net income reached new highs alongside a strong free cash flow of $594 million [3]. - The cash position increased by $212 million to $1.138 billion, with total debt outstanding at $1.143 billion and net debt reduced to just $5 million [3]. Group 2: Shareholder Focus - Agnico Eagle has a long-standing commitment to shareholders, paying a quarterly dividend of $0.40, yielding 1.3%, and repurchasing shares [4]. - During the last quarter, the company repurchased 488,047 shares at an average price of $102.44 and plans to renew the share buyback program [4]. Group 3: Analyst Outlook - Analysts are optimistic about Agnico Eagle's performance in 2025, with the Zacks Consensus Estimate for earnings rising to $6.11 from $5.30, indicating a 44.4% growth compared to last year [5]. - The company's shares have significantly outperformed the S&P 500 over the past year and are currently near multi-year highs [6]. Group 4: Valuation Metrics - Agnico Eagle's forward price-to-earnings (P/E) ratio is 19.5, and it has a PEG ratio of 1.0, suggesting a combination of growth and value [8].

Core Insights - The Consumer Financial Protection Bureau (CFPB) will not classify buy now, pay later (BNPL) companies like credit card networks, allowing Sezzle to focus on consumer engagement and platform innovation [1] Financial Performance - Sezzle reported a gross merchandise volume (GMV) increase of 64.1% year over year, reaching $808.7 million, driven by higher subscriber and user engagement [4] - Total revenue rose by 123.3% to $104.9 million, achieving a new quarterly high, while net income increased over fourfold to $36.2 million, equating to $1.00 per diluted share [4] - Operating expenses decreased to 52.4% of revenue, an 18.2-point improvement from the previous year [5] - The company raised its 2025 net income forecast by nearly 50% to $120 million, reflecting management's confidence in sustaining growth [6] Product and Service Innovations - Sezzle introduced several new features, including a Pay-in-5 beta program, enhanced shopping tools, and a financial education module called Money IQ [2][3] - The Pay-in-5 feature is expected to grow, currently accounting for under 10% of volume but showing positive initial results [11] Market Strategy - The company is focusing on enterprise-level merchants and exploring new verticals like grocery, where BNPL adoption has been slower [7] - Sezzle's On Demand product is experiencing monthly sequential growth, indicating strong consumer interest and engagement [8] Customer Engagement - Consumer purchase frequency increased to 6.1 times per year from 4.5, indicating stronger user engagement and higher lifetime value [5] - The expansion of the merchant network and online communities aims to enhance customer loyalty and financial literacy [3]