Online holiday spending jumps nearly 5% to record, Adobe Analytics says

[ad_1] A UPS worker sorts packages in New York on Dec. 18, 2017. Adam Jeffery | CNBC Online spending rose 4.9% year over year, setting a record for e-commerce during…

Affirm’s stock quintupled this year, beating all tech peers, on buy now, pay later boom

[ad_1] Drew Angerer / Getty Images  A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending.…

Affirm stock pops more than 15% on expanded Walmart partnership

[ad_1] Customers shop at a Walmart store in Chicago on May 18, 2023. Scott Olson | Getty Images Affirm stock popped more than 15% Tuesday after the company announced it…

Stock futures are little changed as investors assess pause in November rally: Live updates

[ad_1] An Hour Ago Time to get defensive, Wolfe Research says Wolfe Research strategist Rob Ginsberg thinks investors could benefit from a more defensive stance at this moment. “Based on…

E-commerce stocks rally after Black Friday shoppers spend record online

[ad_1] An Amazon worker moves a package onto a cart at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Justin Sullivan | Getty Images Shoppers turned out…

Amazon to unveil buy now, pay later option from Affirm for small business owners

[ad_1] Alain Jocard | AFP | Getty Images Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners that use its online…

Buy now, pay later firm Klarna cuts losses in first half but falls short of profit

[ad_1] “Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Swedish buy now, pay later firm Klarna reduced its losses…

Affirm shares rocket 26% after better-than-expected results and strong guidance

[ad_1] Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey. Gabby Jones | Bloomberg | Getty Images Affirm shares…

Tech IPO drought reaches 18 months despite Nasdaq’s sharp rebound in first half of 2023

[ad_1] Karl-Josef Hildenbrand | AFP | Getty Images Car-sharing service Turo filed its IPO prospectus in January 2022. A month earlier, Reddit said it submitted a draft registration for a…

Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue

[ad_1] Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and…