Affirm Holdings, IncAFRM stock is trading lower afterPiper Sandleranalyst Kevin J. Barker downgraded the stock from Neutral to Underweight with aprice target of $11.00. Barker expects persistently higher rates to pressure operating margins as AFRM needs to hold more loans on the balance sheet. In addition, he expects tighter underwriting standards, increased pricing, and the
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South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
Too little, too late — No apologies as Reddit halfheartedly tries to repair ties with moderators Disenchanted mods Ars spoke with want change, not more communication. Scharon Harding – Jul 20, 2023 11:09 pm UTC EnlargeGetty reader comments 100 with Reddit is publicly extending an olive branch to the moderator community that it largely enraged
Fresh data from movie theaters shows that fans are actually planning to see the highly-anticipated “Barbie” and “Oppenheimer” movies on the same day — a five-hour, popcorn-fueled marathon social media has dubbed the “Barbenheimer.” The world’s largest movie chain, AMC Entertainment, has already sold more than 20,000 double-feature tickets to its AMC Stubs members, according
Fintech company Revolut has launched a robo-advisor service in the United States, further expanding its suite of services within its super app. The move enables U.S. investors to leverage Revoluts automated investment platform for managing their portfolios. The robo-advisor feature provides users with access to a range of investment options and automated portfolio management tools.
European stocks and Wall Street futures slipped on Thursday after tech earnings disappointed, while investors prepared for key central banks meetings next week. Europe’s region-wide Stoxx 600 lost 0.2 per cent, dragged lowed by declining technology stocks, while France’s Cac 40 gave up 0.1 per cent and Germany’s Dax slipped 0.2 per cent at the
Protect the planet, please — Once again, the US public says NASA should prioritize asteroid defense Just 7 percent of US women want NASA to prioritize humans to Mars. Eric Berger – Jul 20, 2023 2:49 pm UTC Enlarge / Artists illustration shows the ejection of a cloud of debris after NASAs DART spacecraft collided
Get ready for a revolution. Crypto is on the verge of transforming finance, just like the internet revolutionized information. Theres a lot of good thats bound to come to the world once we break the walled gardens of finance, said Jason Yanowitz, the co-founder at Blockworks, the media brand thats driving forward the most important
ya missed — Tesla revenue grows to $25 billion, but margin shrinks in Q2 2023 CEO Elon Musk claims another automaker may license the controversial FSD system. Jonathan M. Gitlin – Jul 20, 2023 2:29 pm UTC EnlargeGetty / Aurich reader comments 31 with Tesla reported strong sales and revenues for the second quarter of
South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
An unrelenting heat wave across the southern United States is continuing today, with dozens of temperature records set to fall. In Phoenix, Arizona, where nighttime temperatures haven’t fallen below 90 degrees Fahrenheit since early July, forecasters are predicting a 20th consecutive day with high temperatures over 110 degrees. This week, more than 44 million people
Only 20 stocks out of the entire S&P 500 Index have remarkable revenue growth. These companies have boosted salesat a rate of at least 10% per year since 2021. This upward trend is expected to continue at least through 2025. Equity analysts from Goldman Sachs screened these stocks and studied their performance, using whats called
112 I first covered the S&W 9mm Shield EZ pistol in 2022, during a post about handguns for senior citizens. Due to its unique characteristics, the EZ made the semiauto list, but it was really part of a larger picture. Now, a year later, that particular pistol has seen more use. Conclusion: Its worthy of
Spatial Computing — Unitys visionOS support has started to roll outheres how it works A closed beta will admit developers gradually over the coming weeks. Samuel Axon – Jul 19, 2023 10:51 pm UTC Enlarge / What the Golf?, a popular Apple Arcade game, running in shared 3D space with other visionOS applications.Unity reader comments
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in
The recent economic and social environment has increased the popularity of equity crowdfunding companies companies that connect companies and start-ups to potential funders with a wide range of investment appetites. Because the COVID-19 pandemic made it difficult for up-and-coming businesses to access traditional sources of funding such as bank loans, crowdfunding became an attractive alternative.
As the second quarter comes to a close, its time to look at the performance of industry ETFs and the stocks that helped shape their respective sector returns. With the S&P 500 Index, as represented by the SPDR S&P 500 ETF Trust SPY , up 6% during this time, investors are eager to know which
Look at our backend — Behind the scenes: How we host Ars Technica, part 1 Join us on a multipart journey into our place in the cloud! Lee Hutchinson – Jul 19, 2023 1:00 pm UTC Enlarge / Take a peek inside the Ars vault with us!Aurich Lawson | Getty Images reader comments 100 with
The biggest US banks spent more than $1bn on severance costs during the first six months of 2023, underscoring the steep price of unwinding Wall Street’s overexpansion during the coronavirus pandemic. Goldman Sachs, which has been hit particularly hard by the slowdown in trading and investment banking, on Wednesday became the latest big bank to