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Affirm Stock Is Popping on News of Amazon Contract Renewal. How Much Higher Can AFRM Go?
Yahoo Finance· 2025-12-17 18:54
Affirm (AFRM) stock closed nearly 12% higher on Dec. 16 after the financial technology company said Amazon (AMZN) has renewed its partnership with it for five more years. The announcement marks a crucial victory for AFRM as the e-commerce giant serves as one of its most important distribution channels and revenue resources. More News from Barchart Despite the rally, Affirm stock is down some 20% versus its year-to-date high set in August. www.barchart.com Significance of Amazon Partnership for Affirm ...
Affirm (AFRM) Soars 11.8% on Amazon Contract Renewal
Yahoo Finance· 2025-12-17 17:01
We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Affirm Holdings Inc. (NASDAQ:AFRM) is one of the top performers on Tuesday. Affirm Holdings snapped a three-day losing streak on Tuesday, jumping 11.77 percent to close at $73.39 apiece as investors cheered news that it successfully renewed its partnership with e-commerce giant Amazon Inc. According to the company, it was able to renew its contract with Amazon for another five years until January 2031, largely on terms in line ...
10 Worst-Performing Stocks of 2025
Yahoo Finance· 2025-12-17 15:00
Core Viewpoint - The stock market is expected to achieve another double-digit percentage gain in 2025, with the S&P 500 index showing a year-to-date gain of 16.81% as of December 5, despite significant declines in several individual stocks [1]. Group 1: Worst-Performing Stocks - Fiserv (FISV) has seen a decline of approximately 70%, attributed to a drastic cut in its full-year revenue forecast and slowing growth in its merchant-services segment [3]. - The Trade Desk (TTD) is down approximately 67%, facing decreased revenues due to competition from major players like Amazon, leading investors to view the stock as overvalued [4]. - Deckers Outdoor (DECK) has dropped around 57%, with slowing growth expectations and pressure on discretionary consumer spending impacting its well-known brands, UGG and Hoka [5]. - Gartner (IT) is down approximately 52%, with its valuation at $17 billion, facing cyclical pressure as companies reduce spending on advisory services during economic uncertainty [6].
Jio Financial Services Appoints Venkata Peri As Group COO
Inc42 Media· 2025-12-17 14:48
He has previously worked with firms such as IBM, Deloitte and PwC, and has advised boards and top executives on finance, risk, technology and analytics, mainly in banking and insurancePeri had been assisting the fintech company’s CEO, CTO, and analytics head to establish the foundation to design and deploy AI and Analytics capabilities in that capacityFintech major Jio Financial Services (JFS) has appointed Venkata Narasimham Peri as its group chief operating officer. The board approved the appointment on D ...
Klarna CEO says he feels ‘gloomy’ because AI is developing so quickly it’ll soon be able to do his entire job
Yahoo Finance· 2025-12-17 14:42
Klarna CEO Sebastian Siemiatkowski says AI has the power to take over all jobs, including his. Siemiatkowski’s company has already taken steps to replace human jobs with AI. Among the top concerns as artificial intelligence becomes more advanced is whether the technology has the power to take over jobs. One CEO firmly believes AI not only has the power to do menial or repetitive tasks, but also has the intelligence and reasoning to take over his own job as chief executive of a multibillion-dollar compan ...
X @Bloomberg
Bloomberg· 2025-12-17 14:41
RT Bloomberg em Português (@BBGEmPortugues)CINCO ASSUNTOS - Petróleo salta com ordem de Donald Trump de bloqueio a petroleiros sancionados da Venezuela. Localmente, Câmara aprova projeto que reduz em 10% os benefícios fiscais federais de diversos setores e aumenta a tributação de bets e fintechs https://t.co/3XnKpwEwqn ...
Affirm stock flashes bullish engulfing signal as analysts stay optimistic
Invezz· 2025-12-17 13:01
Affirm stock price popped by over 10% on Tuesday as investors cheered the company's presentation at its event. It jumped to a high of $73.40, up sharply from last month's low of $60.40. ...
Achieve and Pagaya Launch Partnership to Expand Access to Personal Loans
Prnewswire· 2025-12-17 13:00
Premiere digital personal finance company Achieve to leverage Pagaya's credit-decisioning technology and data network to responsibly broaden access to personal loans for consumers SAN MATEO, Calif., Dec. 17, 2025 /PRNewswire/ -- Achieve, the leader in digital personal finance, and Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya"), a global technology company delivering AI-driven product solutions for the financial ecosystem, have partnered to responsibly expand consumers' access to personal loans on Achieve ...
Aspire secures Electronic Money Institution licence in EU
Yahoo Finance· 2025-12-17 11:24
Aspire, a global fintech headquartered in Singapore, has obtained its Electronic Money Institution (EMI) licence, establishing the foundation for its operations in the Netherlands and its official entry into the European Union. The EMI licence unlocks pan-European coverage for Aspire’s clients, supporting their international growth and enhancing access to regulated fintech infrastructure. As part of its European launch, Aspire has signed a formal investment commitment with the Dutch Ministry of Economic ...
Stablecoin-based payment fintech RedotPay raises $107m in Series B
Yahoo Finance· 2025-12-17 10:48
Core Insights - RedotPay has successfully completed a $107 million Series B funding round, raising a total of $194 million in 2025, and has over six million users across more than 100 markets as of November 2025 [1][2] - The company has achieved an annualized payment volume exceeding $10 billion and generates over $150 million in annualized revenue [1] Funding and Investment - The Series B funding round was led by Goodwater Capital, with participation from Pantera Capital, Blockchain Capital, Circle Ventures, and continued support from HSG and others [2] - Investors bring expertise in consumer fintech, blockchain infrastructure, and global payments, aligning with RedotPay's mission to enhance financial access through stablecoin adoption [3] Business Model and Growth Strategy - RedotPay is focused on profitable growth through an efficient and scalable business model, aiming to accelerate product innovation and expand its global reach with the new funding [2][4] - The company is developing stablecoin-powered financial services to facilitate instant, predictable, and borderless fund movement for both crypto-native and non-crypto users [5] Product Offerings - RedotPay's offerings include a stablecoin-based card for global spending, stablecoin-powered payout rails for fast and secure transfers, and multi-currency accounts for accessing, holding, and using stablecoins through its P2P marketplace [6] Industry Impact - Investors believe RedotPay will play a significant role in the next phase of crypto adoption, bringing stablecoins into everyday payments and contributing to a more inclusive financial system [7]