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Affirm stock rises 10% as CEO Levchin notes continued consumer strength

In this article AFRM Follow your favorite stocks CREATE FREE ACCOUNT watch now Affirm stock popped 10% Friday after the buy now, pay later firm beat Wall Street's expectations across the board in its fiscal fourth-quarter results. CEO Max Levchin told CNBC on "Money Movers" Friday that the company is "firing on all pistons." Earnings came in at 20 cents a share and nearly doubled analyst expectations, with revenue also topping estimates at $876 million, up 33% from a year earlier. Net income w

Affirm's stock soars 15% on earnings, revenue beat

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected earnings and revenue for the fiscal fourth quarter. Here's how the company did versus LSEG consensus estimates: EPS: 20 cents vs. 11 cents estimated 20 c

US Supreme Court Upholds Tennessee’s Ban on Gender-Affirming Care for Minors

The US Supreme Court’s conservative majority on Wednesday upheld the state of Tennessee’s ban on gender-affirming care for minors. In a 6–3 decision in United States v. Skrmetti, the justices found that Tennessee’s law is not unconstitutional. The central issue of the case was whether Tennessee’s ban violates the equal protection clause of the 14th Amendment, which states that the government cannot discriminate against individuals based on their race, gender, or other characteristics. The rulin