Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-09-01T10:08:00+00:00
Affirm Holdings (NASDAQ:AFRM) just delivered its most profitable quarter ever, and the stock still fell 4.26% anyway. That gap between the numbers and the market's reaction is the story here. On the earnings call held August 27, founder and CEO Max Levchin announced he's stepping back from day-to-day execution to chase the next generation of products, while the current business keeps compounding underneath him. The Affirm Card is where the growth story lives now. Card attach rate sits at 19% of active users, and those cardholders spend twice as much on Affirm's network as the average user, a sign the card is deepening engagement rather than just adding a new payment rail. Fully 30% of Affirm Card transactions happened offline, which management flagged as a major opening into in-store point
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.