STOCK MARKET NEWS: Disney Dow drag, election limbo dings stocks, Meta layoffs announced

Affirm Holdings Inc. on Tuesday reported a loss of $251.3 million in its fiscal first quarter.The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 82 cents per share.

The operator of digital commerce platform posted revenue of $361.6 million in the period, which beat Street forecasts. Seven analysts surveyed by Zacks expected $360.7 million. For the current quarter ending in December, Affirm Holdings said it expects revenue in the range of $400 million to $420 million.Affirm Holdings shares have declined 84% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.64, a decrease of 90% in the last 12 months.Roblox logo on a banner, to celebrate the company's IPO, on the front facade of the New York Stock Exchange in New York, U.S., Mar. 10, 2021.

SandraSmithFox has zero clue. America has now chosen inflation, crime, open border and war on oil. Stop complaining or back National Voter iD.

Wake up Varney! Trump leads the Party. If DeSantis doesn’t team up with Trump for 1 term, I can tell you now, the GOP is finished. The US is finished. Socialism abounds. Too many fractures if they don’t team up. And one more thing. Florida has VOTER ID! The difference is clear.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%Disney reported quarterly net income of $162 million, or 9 cents a share, on sales of $20.15 billion, down from $18.53 billion a year ago. Despite record sales and the best revenue growth in more than 25 years, the miss on quarterly earnings hurt $DIS: Or was it because of Freeland’s comments? I would be surprised if Disney is still around when I'm ready to retire. Luckily I was able to sell my stock near the peak.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock Market Today: Bitcoin Sells Off; Dow Futures DeclineCrypto losses deepened over fears that liquidity challenges at exchange FTX could spread. Bitcoin is near its lowest level in two years. $AURI is another great stock. It's an amazing new stock. You'll miss it if it goes up in price.
Source: WSJ - 🏆 98. / 63 Read more »

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »