Financial firms serve as the backbone of the economy, providing essential services from lending and investment management to risk management and payment processing. Still, investors are uneasy as companies face challenges from an unpredictable interest rate and inflation environment.
These doubts have certainly contributed to the indutry's recent underperformance - over the past six months, its 5.8% gain has fallen behind the S&P 500's 16.9% rise.
A late-session rebound helped soften Friday’s blow, but the market still wrapped up a rough week marked by shaky consumer sentiment, sliding tech giants, and political gridlock that continues to cloud the economic outlook.
November 7, 2025 – Affirm Holdings Inc. (NASDAQ: AFRM), a leading player in the Buy Now, Pay Later (BNPL) market, experienced a significant downturn in today's trading, positioning it as a bottom performer in a challenging financial landscape. The sharp decline in Affirm's stock price on November 7, 2025, reflects deepening
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) jumped 10.7% in the afternoon session after the company reported strong third-quarter 2025 results that beat Wall Street's expectations for both revenue and profit.
Buy now, pay later company Affirm (NASDAQ:AFRM) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 33.6% year on year to $933.3 million. Its GAAP profit of $0.23 per share was significantly above analysts’ consensus estimates.
Risk-off sentiment dominated Wall Street on Friday, with selling pressure in AI-linked names intensifying and pushing technology stocks toward their worst week since April.
Buy now, pay later company Affirm (NASDAQ:AFRM) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 33.6% year on year to $933.3 million. Its GAAP profit of $0.23 per share was significantly above analysts’ consensus estimates.
Affirm Holdings (AFRM) reported strong Q1 2026 earnings, beating analyst estimates for both revenue and EPS. The stock surged over 10% in after-hours trading.
BNPL services like Affirm, Klarna, Afterpay, and PayPal Pay Later are popular but can hurt mortgage approval. Lenders scrutinize bank statements and debt-to-income ratio, and new credit models include BNPL data. Loan officers warn of multiple plans inflating DTI.
After a brief and cautious rebound on Wednesday, risk-off sentiment returned sharply on Thursday, with AI-linked stocks leading a broad selloff across Wall Street and renewed pressure hitting crypto markets.
Buy now, pay later company Affirm (NASDAQ:AFRM) will be announcing earnings results this Thursday after market close. Here’s what investors should know.
