Core Insights - The rise of AI-related layoffs in corporate America is expected to impact prime loan borrowers, particularly office workers with solid credit ratings, rather than those in lower-paying jobs [1][2][3] - Klarna's CEO expresses confidence in consumer health in the near term, with the company reporting a 26% year-over-year increase in global revenue to $903 million, and a 51% increase in the U.S. market [5][6] - Klarna anticipates another record-breaking quarter during the holiday season, projecting revenue to exceed $1 billion [5] Company Performance - Klarna has 114 million active consumers, with 27 million new users in the last three months, although the average revenue per user has decreased by about 10% [6] - Sales of Klarna's new Fair Financing loan product surged 244% year-over-year, although this growth has short-term accounting effects that impact reported losses [7] - After accounting for actual credit losses, Klarna's profit from transactions increased by 25% in Q3, with expectations of an additional $100 million in profit from transactions in Q4 [9] Product Development - Klarna's debit-first Klarna Card has gained popularity, with over 4 million U.S. consumers signing up since its launch in July [9][10] - The company is introducing credit card-style rewards for its debit card, which is resonating well with consumers [10][13]