Affirm soars as strong holiday shopping powers BNPL lender’s surprise profit

February 8, 2025

Affirm’s shares surged by 19.5% following a strong holiday shopping season that resulted in a surprising quarterly profit and optimistic annual revenue forecast. Increased use of BNPL services contributed to a $10.1 billion rise in gross merchandise volume, exceeding analysts’ expectations. The company’s revenue also grew significantly, and it projected higher-than-expected fiscal 2025 revenue.

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HCL Tech, HDFC Bank among 10 companies which witnessed highest selling by mutual funds in December

Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech,

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Quant Small Cap Mutual Fund sold Mazagon Dock, pared stake in Cochin Shipyard and HUDCO before Budget

Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels,

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