Positive.

From Nasdaq: 2024-11-06 07:15:00

The financial technology sector is poised for growth due to increased digital transactions from the pandemic-driven digitization trend. This industry combines finance and technology, offering services like online banking, peer-to-peer payments, and cybersecurity.

Investors are watching Affirm Holdings Inc. (AFRM) and Lyft Inc. (LYFT) as they prepare to report earnings. Positive earnings results and Zacks Rank could boost stock prices. Check the latest estimates on Zacks Earnings Calendar for potential insights.

Affirm Holdings Inc. (AFRM) has seen impressive revenue growth, with merchant network fees and interest income driving revenues. Key partnerships and machine learning capabilities enhance its services. Earnings estimates show growth potential in fiscal 2025 and 2026.

Lyft Inc. (LYFT) aims to achieve positive free cash flow for 2024, with an improved outlook and growth expectations. The company anticipates strong growth in rides and positive earnings surprises. Earnings estimates suggest revenue and EPS growth for 2024 and 2025.

A top semiconductor stock is recommended by Zacks Investment Research, positioned for growth in AI, Machine Learning, and IoT markets. The semiconductor industry is expected to reach $803 billion by 2028. Check out this stock for potential investment opportunities.



Read more at Nasdaq:: 2 Financial Technology Stocks to Buy Ahead of Earnings This Week