December 12, 2023

Despite Exec Saying It’s ‘Turning the Corner’ on Profitability, Affirm Stock Drops.

Affirm Holdings Inc. (AFRM), a buy-now-pay-later (BNPL) lender, is "turning the corner" on profitability as both buyers and merchants shift to its payment choices, such as its Affirm Card product, which is driving more sales in brick-and-mortar locations, but its shares plummeted Monday.
November 20, 2023

Encouragement of US Treasury Auctions Lifts Bonds, Stocks

Continuous Treasurys rose on Monday following a hopeful $16 billion auction of 20-year Treasury notes, an event that investors had previously ignored but had begun to actively scrutinize in recent months due to rising Treasury rates.
November 14, 2023

Midday Movers Tech and Home Depot Gain, Insurance Stocks Fall

At lunchtime, US markets soared after consumer inflation came in lower than predicted, increasing hopes that the Fed will not raise interest rates further to drive down prices. Bond yields fell as a result of the news. The S&P 500 and Nasdaq rose roughly 2%, while the Dow rose 1.5%.