Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
US Stock Movement | Q4 Earnings Exceed Expectations, US "Huabei" Affirm Holdings (AFRM.US) Surges Over 16%

US Stock Movement | Q4 Earnings Exceed Expectations, US "Huabei" Affirm Holdings (AFRM.US) Surges Over 16%

智通财经智通财经2025/08/29 18:25
Show original
By:智通财经

According to Golden Ten Data, on Friday, the US version of "Huabei" Affirm Holdings (AFRM.US) surged over 16%, reaching a three-and-a-half-year high at $93.33. In terms of news, the company reported fourth-quarter revenue and profit that exceeded expectations. Data shows that the company's Q4 revenue increased by 33% year-on-year to $876 million, better than the market expectation of $837 million; net profit was $69.2 million, compared to a loss of $45.1 million in the same period last year; earnings per share were $0.20, also better than the market expectation of $0.11. The fourth-quarter gross merchandise volume (GMV) grew 43% year-on-year, reaching $10.4 billion.

In a letter to shareholders, the company stated: "This continued execution enabled Affirm to achieve operating profit in the fourth quarter of fiscal year 2025, fully in line with the timeline we committed to a year ago."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BullZilla’s Presale Turns Meme Coin Math Into a Scarcity Play

- BullZilla ($BZIL) launched an Ethereum-based presale with dynamic pricing and deflationary mechanisms to boost early investor value. - Its "Mutation Mechanism" raises token prices every 48 hours or $100k milestone, while "Roar Burn" permanently removes 5% supply at each stage. - The HODL Furnace staking system offers 70% APY on locked tokens, with 20% supply allocated to staking to ensure liquidity and stability. - Structured across 24 stages, the presale aims to redefine meme coin economics through scar

ainvest2025/08/30 08:48
BullZilla’s Presale Turns Meme Coin Math Into a Scarcity Play

XRP News Today: Flare Turns XRP Into Institutional Gold With 5 Billion Target By 2026

- Flare Networks co-founder Hugo Philion forecasts 5 billion XRP minted by 2026, positioning Flare as a key infrastructure layer for institutional XRP DeFi. - Flare's FAssets and Firelight systems convert XRP to FXRP, enabling lending, staking, and liquidity protocols to expand institutional asset utility. - Partnerships with MoreMarkets (XRP Earn Account) and public companies like Everything Blockchain and VivoPower validate Flare's institutional adoption. - These developments shift XRP from settlement-fo

ainvest2025/08/30 08:48
XRP News Today: Flare Turns XRP Into Institutional Gold With 5 Billion Target By 2026

Crypto Derivatives Volatility and Systemic Risk: Lessons from the $100M Liquidation Event

- A $100M liquidation of "Machi Big Brother's" 25x ETH/40x BTC leveraged positions triggered a $359M crypto derivatives crash in August 2025. - Extreme leverage (146:1 ratios), whale dumping (24,000 BTC), and macro shocks (PPI data, Fed uncertainty) exposed systemic market fragility. - 65% of losses stemmed from BTC/ETH longs, highlighting behavioral risks like overconfidence and FOMO in leveraged trading. - Experts recommend diversification, hedging tools, and regulatory reforms to mitigate cascading liqu

ainvest2025/08/30 08:45
Crypto Derivatives Volatility and Systemic Risk: Lessons from the $100M Liquidation Event

Ethereum’s Strategic Grant Shift: Rebalancing Investor Risks and Long-Term Ecosystem Sustainability

- Ethereum Foundation pauses open grants, shifting to proactive funding for infrastructure, interoperability, and developer tools. - Strategic focus on layer-1 scaling and cross-chain solutions aims to reduce costs and boost DeFi adoption, though financial service projects face exclusion. - Treasury strategy reduces annual spending to 5% over five years, prioritizing GHO stablecoin borrowing and long-term sustainability over short-term liquidity. - This recalibration seeks to strengthen Ethereum’s ecosyste

ainvest2025/08/30 08:45
Ethereum’s Strategic Grant Shift: Rebalancing Investor Risks and Long-Term Ecosystem Sustainability