The Latest Breaking News from GMV

This article compares Affirm and Upstart to determine which fintech stock presents a better buying opportunity this September, considering their growth potential, market positioning, and current valuations.

When Affirm Holdings reports fiscal second quarter earnings here are two financial metrics that will be key for AFRM stock.

Affirm Holdings Inc (NASDAQ: AFRM) reported $364.1 million in sales for its fiscal fourth quarter, beating the consensus estimate of $355 million in sales. The company, meanwhile, reported a loss of 65 cents per share, significantly worse than Street expectations of a loss of 58 cents per share.

Stephens analyst Vincent Caintic expects Affirm Holdings, Inc (NASDAQ:AFRM) to receive a vast GMV tailwind from incentives provided for using Affirm during Amazon.com Inc's (NASDAQ:AMZN) Prime Day (July 12-13).  It includes $2 for scrolling through Affirm's hub and $25 credit for orders >$100.  He thought Affirm would have a large share of Amazon Prime Day…

Nordstrom, Inc. (NYSE: JWN) reported first-quarter sales growth of 18.

Social commerce platform LINE Shopping targets 150% growth in the number of participating shops and a rise of 200% in gross merchandise value (GMV) this year, thanks to dynamic growth activities connected to social commerce, which now accounts for 61% of total e-commerce value.

Vipshop Holdings Ltd (NYSE:VIPS) reported a fourth-quarter FY21 revenue decline of 4.6% year-on-year to $5.36 billion, missing the consensus of $5.59 billion. Drivers: Vipshop's GMV declined 3.9% Y/Y to RMB57 billion. The number of active customers decreased 7.2% Y/Y to 49.2 million. Total orders fell 4.6% Y/Y to 216.9 million. Margins: The gross margin contracted…