PayPal Holdings Inc (NASDAQ: PYPL) reported fourth-quarter results after the bell. Here's a rundown of the report and a look at what initially drove shares higher after hours, but are now dropping.
Affirm Holdings Inc (NASDAQ: AFRM) topped off the earnings season for “buy now, pay later” and lending stocks with a disappointing report Wednesday — a possible indicator that the upcoming reports for other stocks in the sector may be just as sour.
The see-sawing mood in the market continues as Fed’s data dependency creates volatility. The index futures point to a solidly higher opening on Thursday, signaling a reversal in the sentiment seen in the previous session.
Cues From Wednesday’s Trading: