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Affirm’s Outlook Comes Up Short

Affirm co-founder and CEO Max Levchin joins Emily Chang to discuss the latest comments from Federal Reserve Chair Jerome Powell and the tech selloff, how it is affecting Affirm and the “Buy Now, Pay Later” industry, and why the company is approaching the next fiscal year “prudently.”

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Affirm co-founder and CEO Max Levchin joins Emily Chang to discuss the latest comments from Federal Reserve Chair Jerome Powell and the tech selloff, how it is affecting Affirm and the “Buy Now, Pay Later” industry, and why the company is approaching the next fiscal year “prudently.”

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12 Comments

12 Comments

  1. Soulful Wapechi

    August 27, 2022 at 12:03 am

    I am a bit concerned for “buy now pay later” – as much as affirm believes in their risk management skills – if an individual doesn’t pay or want to pay – then those defaults on bad “loans” increase and will begin to damage the company’s valuation. Especially in a potential recession which is enough for people to put priorities (house, food, clothing) over loan payments.

  2. Susan Elizabeth

    August 27, 2022 at 12:21 am

    Why do they ask CEO dudes about economic issues rather than asking an economist? CEO dudes have a dog in the fight.

  3. J

    August 27, 2022 at 12:29 am

    I’ve been using affirm for about 2 years now. Thousands of dollars, and I’ve never had to pay interest.. so, how are they making money?

    • Amit Kumar

      August 27, 2022 at 5:27 am

      They charge a fees from the merchants

    • turbine

      August 27, 2022 at 6:41 pm

      Merchant fees

  4. Barney Google

    August 27, 2022 at 12:36 am

    Please enable the cc (control caption) function for your you tube videos. Am missing a lot of info with audio alone. Thanks.

  5. Felix Andreas

    August 27, 2022 at 1:45 am

    Long term investment is the best now. I invested $20,500  with Tatiana James and i top up my trade with $1000 every week. Now, I’m having over $147,345 on my dashboard. Toping up your trade is really important..

  6. Gerhard Johann

    August 27, 2022 at 1:48 am

    I will recommend the expert Tatiana James to anyone who wants to invest in the Forex / Crypto trade, the strategy works for me. I make good profits from Bitcoin trade

    • Marie Friedrich

      August 27, 2022 at 1:49 am

      Tatiana James changed my financial situation for the better. Thank you very much to my aunt who introduced her to me

    • Olivia Ethan Gabrielle

      August 27, 2022 at 2:01 am

      Despite the economic downturn, I’m happy ☺️. I have been earning $60,200 returns from my $10,000 investment every 7 days

  7. Hussien Alsafi

    August 27, 2022 at 6:14 am

    😎😎😎😎😎😎😎😎

  8. turbine

    August 27, 2022 at 6:42 pm

    Superb underwriting

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Bloomberg Technology

Intel Rebuffs Arm, China Tech Stocks Soar | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm,…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Arm’s interest in Intel’s product division, only to have Intel turn down Arm’s advances, and China stocks in the US are set for their best week since 2022. Plus, “money is green” when it comes to database and nuclear build out according to US Energy Secretary Granholm, who supports the US AI efforts to expand, even with foreign investment.

Chapters:
00:00:55 – Arm Rebuffed by Intel on Buying Unit
00:27:00 – Fivetran CEO George Fraser
00:35:47 – DirecTV, Dish Said Close to Merger Deal
00:39:46 – Lackluster Reception to iPhone 16
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Apple’s iPhone 16 Receives a Lackluster Reception

Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like…

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Apple shares continue to outperform and avoid volatility despite growing concern around iPhone sales growth. Bloomberg Intelligence senior analyst Anurag Rana discusses a recent Bloomberg Intelligence survey showing that the iPhone 16 did not excite consumers enough to warrant a smartphone super cycle. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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China Stocks Set for Best Week Since 2022

Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona…

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Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a shift in investor sentiment after Beijing ramped up its economic stimulus. That shift was felt in Chinese stocks in the US as well, where they’re set for their best week since 2022. Fiona Cincotta, City Index Senior Analyst joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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