Affirm Holdings, a leading player in the buy now, pay later (BNPL) sector, has recently captured the financial spotlight. After announcing its fiscal second-quarter results, the company witnessed a significant boost in its stock price, jumping over 15% in after-hours trading on Thursday. This surge was attributed to performance metrics that significantly exceeded analysts’ expectations.
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Recent market trends suggest that the dominance of a select group of technology stocks is reshaping portfolio strategies, urging investors to reconsider their diversification approaches. The S&P 500 index, which is a bellwether for U.S. equities, has seen significant contributions from what some analysts refer to as the “Magnificent Seven” companies: Apple, Microsoft, Nvidia, Amazon,
In an increasingly complicated financial landscape, it’s crucial for taxpayers, particularly those from low- to moderate-income backgrounds, to be aware of available tax credits — the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) stand out among these beneficial measures. Despite common misconceptions, many individuals and families can significantly benefit from
On a pivotal Thursday, the National Collegiate Athletic Association (NCAA) made a significant modification to its policy regarding transgender student-athletes. This change came swiftly in the wake of an executive order from President Donald Trump, which threatened to withdraw federal funding from educational institutions allowing trans women to participate in women’s sports. The policy now
The stock market is a reflection of the collective sentiment of investors, and recent earnings reports have brought both positivity and concern among major players. Let’s delve deeper into the companies that have been making waves in extended trading, as their financial disclosures reveal the ever-changing nature of market confidence and the inherent unpredictability of
MicroStrategy, a name that has become synonymous with aggressive Bitcoin acquisition, recently rebranded itself as Strategy, reflecting its unwavering commitment to the cryptocurrency landscape. As the largest corporate holder of Bitcoin, the company has embarked on a capital-raising journey that aims to secure a staggering $42 billion through the issuance of securities. Since the third
As discussions around the U.S. tax system evolve, the idea of imposing tariffs on imported goods as a primary revenue source has gained traction, particularly during Donald Trump’s presidency. While the concept has garnered some attention, experts remain deeply skeptical about its viability. Their critiques focus on the fundamental flaws in the proposal, particularly concerning
In an increasingly interconnected global economy, the impact of governmental policies—such as tariffs—can ripple throughout various industries, notably the toy sector. Mattel, the renowned toy manufacturer known for iconic brands like Barbie and Hot Wheels, stands at a critical crossroads due to recent trade policies enacted by the U.S. government under President Donald Trump. As
TotalEnergies, one of the leading names in the global oil and gas sector, recently released its financial performance report for the year 2024, revealing a significant downturn in earnings. This is reflective of the broader challenges the energy industry has been facing amid fluctuating crude oil prices and reduced fuel consumption due to various global
As we transition into the spring housing market, prospective homebuyers are finding themselves in a somewhat stagnant environment, despite an increase in listings. The anticipated surge in purchasing activity appears to be dampened by stagnant mortgage rates and continuing escalations in home prices. According to the recent data from the Mortgage Bankers Association (MBA), the