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Katapult Holdings (KPLT) Could Be a Beneficiary of Affirm's Amazon Parternship - Loop Capital
August 31, 2021 7:38 AM EDTLoop Capital analyst Anthony Chukumba reiterated a Buy rating and $7.00 price target on Katapult Holdings (NASDAQ: KPLT) after Affirm Holdings (NASDAQ: AFRM) announced the company has entered into a partnership with ecommerce behemoth Amazon (NASDAQ: AMZN) to offer buy now, pay later (BNPL) financing to customers on purchases of $50 or more.... More
Active options: AMZN FB PYPL BABA WISH NIO SPRT PFE MSFT SDC ROOT MRNA
August 30, 2021 3:45 PM EDTActive options: AMZN FB PYPL BABA WISH NIO SPRT PFE MSFT SDC ROOT MRNA
... MoreApple (AAPL) to acquire classical music streaming service Primephonic
August 30, 2021 12:26 PM EDTApple (NASDAQ: AAPL) today announced it has acquired Primephonic, the renowned classical music streaming service that offers an outstanding listening experience with search and browse functionality optimized for classical, premium-quality audio, handpicked expert recommendations, and extensive contextual details on repertoire and recordings.
With the addition of Primephonic, Apple Music® subscribers will get a significantly improved classical music experience beginning with Primephonic playlists and exclusive audio content. In the coming months, Apple Music Classical fans will get a dedicated experience with the best features of Primephonic, including better... More
Software/Cloud to Lead a Strong Year-End Rally for Tech Stocks, Wedbush Sees Up To 10% Upside
August 30, 2021 11:10 AM EDTWedbush analyst Dan Ives believes that messages from Fed members and out of Jackson Hole are very bullish for tech stocks with an "all clear for risk-on assets" in the near-term led by tech stocks.
Ives adds that the further multiple expansion and strong fundamentals will lead to a 7% to 10% rally in the tech sector until the end of the year.
The fear of a more hawkish Fed/Powell and rates rising sooner has been a lingering worry for the Street that threatened to put the pause on the ongoing tech and market rally in our opinion. Our... More
Affirm (AFRM) Explodes 37% on a BNPL Deal with Amazon (AMZN), Survey Shows Almost 50% Shoppers Plan to Use New Offering; Analysts Positive and Raise PTs
August 30, 2021 6:54 AM EDTShares of Affirm (NASDAQ: AFRM) are up over 37% in pre-open Monday after the company announced a partnership with Amazon (NASDAQ: AMZN).
Selected Amazon customers can now split the total cost of their purchase of $50 or more into monthly installments.
By partnering with Amazon were bringing the transparency, predictability and affordability that Affirm provides today to the millions of people who shop on Amazon.com in the U.S., said Eric Morse, Senior Vice President of Sales at Affirm.
Offering Affirms alternative to credit cards also... More
Active options: AMZN BABA PTON F MSFT FB PFE BAC MRNA NIO SAVA MARA
August 30, 2021 1:57 AM EDTActive options: AMZN BABA PTON F MSFT FB PFE BAC MRNA NIO SAVA MARA
... More