Core Viewpoint - LexinFintech Holdings (LX) reported a mixed quarter, reflecting ongoing impacts from recent regulatory changes [1] Financial Performance - The company has maintained a bullish outlook despite the challenges faced in the current quarter [1] Regulatory Environment - Recent regulatory changes have had lingering effects on the company's performance [1]

Core Insights - Block, Inc. processed over 124 million transactions during the Black Friday to Cyber Monday shopping period, marking a 10% increase year-over-year as consumers shifted towards supporting local businesses [1][2][4] Transaction Data - The total volume of transactions during the Black Friday and Cyber Monday weekend reached $13 million, with 469,000 transactions recorded [5] - Approximately 49.8 million unique consumers engaged with Block's platforms, including Square, Cash App, and Afterpay, serving over 1.3 million businesses [4][11] Consumer Behavior Trends - Midtown Atlanta emerged as a key area for local loyalty, with 57,900 repeat customers and 469,000 local transactions [4] - Gift card spending reached $33.5 million, driven by consumers seeking a less stressful shopping experience [4] - Social media purchases via Cash App Card increased by 13% among younger consumers [4] Economic Impact - Cash App Card holders increased their local spending by 25%, indicating stronger engagement with neighborhood businesses [11] - The average buy now, pay later (BNPL) basket size grew by 10%, suggesting consumers are purchasing more items per transaction [11] - Year-over-year growth in spending categories included services at 91%, home and garden at 23%, and travel and experiences at 13% [11] Company Strategy - Block's integrated ecosystem of Square, Cash App, and Afterpay is designed to connect local businesses with digital-first consumers, fostering local economic growth [3][6]

Group 1: Klarna Group PLC - Klarna reported third-quarter losses of 25 cents per share, beating the market estimate of a 33-cent loss [1] - The company reported quarterly revenue of $903 million, exceeding the market estimate of $881.898 million [1] - For the fourth quarter, Klarna set revenue guidance of $1.065 billion to $1.08 billion, compared to the $1.058 billion estimate [2] - Klarna shares fell 4.6% to settle at $30.04 on Monday [5] Group 2: Affirm Holdings Inc - Jim Cramer recommended buying Affirm Holdings Inc [1] - Affirm shares declined 2.7% to close at $69.06 [5] Group 3: Newmont Corporation - Newmont posted third-quarter revenue of $5.52 billion, beating analyst estimates of $5.18 billion [3] - The company reported third-quarter adjusted earnings of $1.71 per share, surpassing analyst estimates of $1.42 per share [3] - UBS analyst Daniel Major maintained a Buy rating for Newmont and raised the price target from $105.5 to $125 [2] - Newmont shares gained 1.2% to settle at $91.83 on Monday [5]

RT Bloomberg em Português (@BBGEmPortugues)CINCO ASSUNTOS - Tarcísio de Freitas reduz distância contra Lula em eventual segundo turno de 2026, movimento que ocorre enquanto a aprovação do presidente recua, segundo nova pesquisa AtlasIntel. Senado discute aumento de tributos sobre bets e fintechs https://t.co/j76LRKiEuH ...

Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront is targeting a valuation of ​up to $2.05 billion in its U.S.‌ initial public offering, it said on Tuesday, becoming the latest to ‌test a trend of strong investor appetite for fintech listings. The Palo Alto, California-based company plans to raise as much as $485 million by selling 34.6 million shares, including stock offered ⁠by existing shareholders, ‌at a price range of $12 to $14 each. The U.S. IPO market has recovered after ‍a s ...

Automated digital wealth management firm Wealthfront said on Tuesday it was aiming to raise as much as $485 million in its initial public offering in the United States. ...

AVRIL: OUR NEXT GUEST RUNS YOUTRIP. THE PLATFORM PROCESS IS OVER $15 BILLION A YEAR. THE COMPANY ALSO OPERATES IN THAILAND AND WILL NOW LAUNCH IN AUSTRALIA.THIS MARKS ITS FIRST ENTRY INTO A NEW MARKET SINCE THE PANDEMIC. JOINING US NOW IS THE COFOUNDER AND CEO, CAECILIA CHU. GREAT TO HAVE YOU IN THE STUDIO.EXCITING TO BE HERE. AVRIL: IT IS THE LAUNCH OF YOUR AUSTRALIA PRODUCT. BUT TALK TO US ABOUT WHY AUSTRALIA.WHY DO YOU SEE SO MUCH OPPORTUNITY AND THAT MARKET. TODAY IS A VERY SPECIAL DAY FOR US GOING LIVE ...

Group 1: MercadoLibre - MercadoLibre is the leading player in the Latin American e-commerce and fintech markets, with a compound annual growth rate exceeding 30% over the past five and ten years [2] - The stock has recently declined approximately 20% from its all-time high due to increased competition from Amazon in Latin America [3] - E-commerce penetration in Latin America is still in the mid-teens as a percentage of total retail sales, indicating significant growth potential [5] Group 2: TransMedics Group - TransMedics Group is innovating the organ transplantation market with its Organ Care System (OCS), which keeps donor organs alive during transport, addressing issues associated with traditional cold storage methods [6][7] - OCS technology allows for over 80% of donor hearts and lungs to be usable, significantly increasing transplant rates compared to cold storage [9] - The company is expanding into Italy in 2026 and developing a version of OCS for kidneys, which could transform the kidney transplant landscape [11] Group 3: Vertex Pharmaceuticals - Vertex Pharmaceuticals holds a dominant position in the cystic fibrosis market with the only approved therapies targeting the disease's underlying cause [12] - The company is also exploring opportunities in other therapeutic areas, including a non-opioid pain drug that is expected to be a blockbuster [13] - Vertex is advancing its pipeline with plans for regulatory submissions for treatments targeting IgA nephropathy and severe Type 1 diabetes, which could address significant patient populations [15][16]

Core Insights - PROG Holdings, Inc. has announced an agreement to acquire Purchasing Power, a prominent provider of voluntary employee benefit programs [1] - The acquisition aims to enhance PROG Holdings' offerings by allowing employees to purchase brand-name products and services through payroll deductions or allotments [1] - Purchasing Power collaborates with major employers across more than 25 industries in the United States [1]

Core Insights - Currenc Group Inc. reported a total revenue of US$18.8 million for the first half of 2025, reflecting a year-over-year decrease of 10.8% primarily due to declines in global and Indonesian airtime revenues [4][5][12] - The company is shifting focus from lower-value airtime services to expanding its artificial intelligence (AI) product offerings to enhance engagement with financial institutions and broaden its market reach [12] Financial Performance - Total revenue excluding TNG Asia and GEA was US$18.8 million for H1 2025, down from US$21.1 million in H1 2024, a decrease of 10.8% [4][11] - Remittance revenue was US$9.8 million, a slight decrease of 0.3% year-over-year, attributed to lower contributions from the Hong Kong market [5][12] - Global airtime revenue was US$4.0 million, down 19% year-over-year, influenced by increased availability of free Wi-Fi in Southeast Asia [5][12] - Total processing value (TPV) through Tranglo was US$2.8 billion, a decrease of 5.8% year-over-year [4][12] Cost and Expenses - Total direct costs of revenue were US$12.3 million, down 22.5% from the previous year [5] - Operating expenses increased to US$15.1 million, primarily due to US$4.3 million in incentive share expenses related to the de-SPAC merger and US$1.5 million for AI project development [5][12] - The overall gross profit margin was stable at 34.3%, compared to 34.0% in the same period of 2024 [5][12] Net Income and Loss - The company reported a net loss of US$9.5 million for the first half of 2025, driven by significant losses at headquarters and adjustments [8][12] - EBITDA for the first half of 2025 was a loss of US$6.2 million, while Tranglo and WalletKu generated a combined positive EBITDA of US$1.7 million [9][12] Strategic Focus - Management emphasized the importance of maintaining pricing discipline, with Tranglo's take rate remaining at 0.36% [12] - The company plans to redirect resources from airtime services to AI initiatives to create a more balanced and higher-quality revenue mix [12]