hapabapa Klarna's ( KLAR ) stock tumbled 26% in Thursday morning trading after it warned that its gross merchandise volume growth with slow in Q2 due to tough comparisons from a year ago and that its rollout of new partnerships will be gradual. The provider of Buy Now, Pay Later (BNPL) financing expects Q1 2026 revenue of $900M-$980M (midpoint $940M vs. $966M consensus) and adjusted operating prof...
hapabapa Klarna's ( KLAR ) stock tumbled 26% in Thursday morning trading after it warned that its gross merchandise volume growth with slow in Q2 due to tough comparisons from a year ago and that its rollout of new partnerships will be gradual. The provider of Buy Now, Pay Later (BNPL) financing expects Q1 2026 revenue of $900M-$980M (midpoint $940M vs. $966M consensus) and adjusted operating profit of $5M-$35M vs. Visible Alpha consensus of $67.1M and $47M reported in Q4 2025. Gross merchandise value (GMV) is expected to rise to $32B-$33B vs. Visible Alpha consensus $33.2B, and transaction margin dollars (TMD) are expected to rise 11%-26% Y/Y to $300M-$340M. For the full year, Klarna ( KLAR ) expects its GMV to exceed $155B vs. Visible Alpha estimate of $158.9B. Revenue is anticipated to exceed 2.8% of GMV, TMD more than 1.04% of GMV, and adjusted profit margin to equal more than 6.9% of revenue. "We expect adoption of our banking products, particularly Fair Financing and Card, to remain key drivers of growth beyond continued network growth," the company said. "As Fair Financing scales, we expect percentage GMV growth to moderate beginning in Q2 due to comparables and Transaction margin dollar growth to accelerate," the company said. Moreover, Klarna expects to launch default-on partnerships with Worldpay and JP Morgan Payments, while continuing to scale its partnerships with Stripe and Nexi. "Although these partnerships expand our addressable TAM (total addressable market) materially, we expect rollout and merchant activation to be gradual," Klarna said. Q4 GMV of $38.7B vs. the Visible Alpha estimate of $38.1B, grew 32% Y/Y vs. the 23% Y/Y growth it experienced in Q3 2025. Fair Financing GMV jumped 165% Y/Y.. Revenue take rate for Q4 rose to 2.80% from 2.76% in Q3 and 2.66% a year ago. Average revenue per active consumer increased to $30 from $28 in Q3 but was unchanged from the year-ago quarter. Q4 adjusted operating profit of $47M, missing the Visible Alpha est...
OpenAI is reportedly getting close to closing a $100 billion deal, with backers including Amazon, Nvidia, SoftBank, and Microsoft. The deal would value the ChatGPT-maker at $850 billion.
OpenAI is reportedly getting close to closing a $100 billion deal, with backers including Amazon, Nvidia, SoftBank, and Microsoft. The deal would value the ChatGPT-maker at $850 billion.
A new Kenyan intelligence report said the Kenyans were recruited to fight for Russia in Ukraine after being misled with false promises of jobs in Russia before being sent to the front lines. (Image credit: AP)
A new Kenyan intelligence report said the Kenyans were recruited to fight for Russia in Ukraine after being misled with false promises of jobs in Russia before being sent to the front lines. (Image credit: AP)
OpenAI is reportedly getting close to closing a $100 billion deal, with backers including Amazon, Nvidia, SoftBank, and Microsoft. The deal would value the ChatGPT-maker at $850 billion.
OpenAI is reportedly getting close to closing a $100 billion deal, with backers including Amazon, Nvidia, SoftBank, and Microsoft. The deal would value the ChatGPT-maker at $850 billion.
Nintendo just released a Switch 2 upgrade for Xenoblade Chronicles X : Definitive Edition . The upgrade is $4.99 for owners of the Switch game, or $64.99 if you buy the Switch 2 version. Don’t buy the Switch 2 version! Instead, score a deal on the digital Switch version that’s $39.99 (originally $59.99) at GameStop and Amazon . Then, make the upgrade for another $5. The physical version is discoun...
Nintendo just released a Switch 2 upgrade for Xenoblade Chronicles X : Definitive Edition . The upgrade is $4.99 for owners of the Switch game, or $64.99 if you buy the Switch 2 version. Don’t buy the Switch 2 version! Instead, score a deal on the digital Switch version that’s $39.99 (originally $59.99) at GameStop and Amazon . Then, make the upgrade for another $5. The physical version is discounted, too, but buying digitally is the fastest way to jump in. Xenoblade Chronicles X: Definitive Edition Where to Buy: $59.99 $39.99 at Amazon (digital) $59.99 $39.99 at GameStop (digital) Xenoblade Chronicles X: Definitive Edition is far from the only Switch game that’s discounted right now. GameStop , Amazon , and Walmart are offering several first-party games at up to $30 off, including Princess Peach: Showtime , Super Mario RPG , The Legend of Zelda: Link’s Awakening , and more. Better yet, some of those games have received Switch 2 upgrades that don’t cost extra.
From TikTok deepfakes to smears put out by the White House, fake videos modeled on Black archetypes are running rampant - putting Black users at risk Late last year, as a US government shutdown cut off the Snap benefits that low-income families rely on for groceries, videos on social media cast the fallout in frantic scenes. “Imma keep it real with you,” a Black woman said in a viral TikTok post, ...
From TikTok deepfakes to smears put out by the White House, fake videos modeled on Black archetypes are running rampant - putting Black users at risk Late last year, as a US government shutdown cut off the Snap benefits that low-income families rely on for groceries, videos on social media cast the fallout in frantic scenes. “Imma keep it real with you,” a Black woman said in a viral TikTok post, “I get over $2,500 a month in stamps. I sell ’em, $2,000 worth, for about $1,200-$1,500 cash.” Another Black woman ranted about taxpayers’ responsibility to her seven children with seven men, and yet another melted down after her food stamps were rejected at a corn-dog counter. Visible watermarks stamped some videos as AI-generated – apparently, too faintly for the racist commentators and hustlers more than happy to believe the frenzy was real. “You got people treating it like a side hustle, selling the stamps, abusing the system,” the conservative commentator Amir Odom whinged. Fox News reported on the Snap deepfakes as if they were authentic, before issuing a correction . Newsmax anchor Rob Schmitt claimed people were using Snap “to get their nails done, to get their weaves and hair”. (Lost in the outrage was a basic fact: white Americans make up 37% of Snap’s 42 million beneficiaries.) Continue reading...
Key PointsNvidia's earnings growth is poised to accelerate in the new fiscal year, and that could be enough for the stock to exceed Wall Street's 12-month median price target.
Key PointsNvidia's earnings growth is poised to accelerate in the new fiscal year, and that could be enough for the stock to exceed Wall Street's 12-month median price target.
A prominent leader of an independent resistance group in Myanmar that had come under attack by rivals who are loyal to the mainstream opposition force has surrendered to the country’s military authorities, state media reported on Thursday. The surrender of Bo Nagar, a leader of the Burma National Revolutionary Army (BNRA), in the upper-central region of Sagaing was a dramatic reminder of fractures...
A prominent leader of an independent resistance group in Myanmar that had come under attack by rivals who are loyal to the mainstream opposition force has surrendered to the country’s military authorities, state media reported on Thursday. The surrender of Bo Nagar, a leader of the Burma National Revolutionary Army (BNRA), in the upper-central region of Sagaing was a dramatic reminder of fractures within the armed resistance movement, which has led to sporadic clashes over control of territory...
Stanislaw Pytel/DigitalVision via Getty Images In just a few short months, many software companies made the hard transition from being AI stock darlings to potential AI roadkill, at immediate risk of being unseated by cheaply vibe-coded applications. As the Q4 earnings season rolls on and we're seeing strong results and outlooks from a spectrum of software stocks, the "SaaSpocalypse" narrative con...
Stanislaw Pytel/DigitalVision via Getty Images In just a few short months, many software companies made the hard transition from being AI stock darlings to potential AI roadkill, at immediate risk of being unseated by cheaply vibe-coded applications. As the Q4 earnings season rolls on and we're seeing strong results and outlooks from a spectrum of software stocks, the "SaaSpocalypse" narrative continues to lose more and more credibility. Figma ( FIG ), the AI-powered design platform that is taking market share from legacy incumbents like Adobe ( ADBE ), just soared 15% after reporting healthy Q4 results and issuing a robust outlook for FY26. Of course, those gains still do little to arrest a tremendous correction over the past year, with shares of Figma below its original $33 IPO price and well below the $100 levels at which it changed hands last August . The question for investors now is: can this stock make a full rebound? Data by YCharts I last wrote a neutral article on Figma in December, when the stock was trading in the high $30s. Since then, the stock is down ~30%, even after the recent post-earnings jump. Given Figma's quickly collapsing valuation amid strong growth (which provides ample evidence that AI is a tailwind rather than a headwind), I'm more than enticed to buy Figma on the dip, and I'm raising my rating on the stock to buy. To me, especially at current decimated share prices, there are a number of bull case tailwinds that support a rebound for Figma. The key catalysts for investors to keep in mind are: Figma is achieving terrific growth at scale. Figma has surpassed a $1 billion annualized revenue run rate, and yet, in spite of this, the company is still showcasing revenue growth accelerating to the high 30%'s/40%'s. This is a clear indication of a company that serves a broad TAM and has greenfield expansion opportunities, especially as it launches more products. Cross-sell and retention momentum is unparalleled, especially as Figma grows its pene...