Group 1: Lemonade (NYSE: LMND) - The stock price of Lemonade surged by approximately 94% in 2025, but replicating this growth in 2026 may be challenging due to ongoing unprofitability and high valuation in a competitive market [1] - After reaching a peak of $145 in 2021, Lemonade's stock fell to under $10 per share in 2023, recovering to around $31 per share at the beginning of 2025, but investor sentiment has cooled as the company still seeks profitability [2] Group 2: Affirm (NASDAQ: AFRM) - Affirm, a notable player in the buy now, pay later sector, experienced a similar stock price decline, dropping to around $10 per share during the bear market, but has shown revenue growth and achieved profitability last year [6] - In Q1 of fiscal 2026, Affirm reported a 34% year-over-year revenue increase, with gross merchandise volume (GMV) rising by 42%, and net income of $81 million, a significant improvement from a $100 million loss in the same quarter the previous year [7] - Management anticipates a sequential revenue increase of 10% to 14% and a GMV increase of 20% to 23% for Q2, along with improved operating margins [7] - A potential cap on credit card interest rates proposed by President Trump could benefit Affirm by driving customers towards buy now, pay later options, as these would not be subject to the cap [8]