Affirm Soars on Amazon Partnership
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 30 August 2021
⏱️ 18 minutes
🧾️ Download transcript
Summary
Shares of Affirm pop 44% as the buy now, pay later business teams up with Amazon. Disney looks to license the ESPN brand to sports-betting companies for a reported $3 billion. Jason Moser analyzes those stories and shares five great quotes from Warren Buffett on his 91st birthday.
Transcript
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| 0:00.0 | It's Monday, August 30th. |
| 0:03.8 | Welcome to Marketfoolery. |
| 0:05.0 | Of course, so with me today, Jason Moser. |
| 0:07.6 | Good to see you. |
| 0:08.6 | Good to see you. |
| 0:09.6 | How's everything going? |
| 0:10.6 | Things are going okay, and just I'll just start with a quick shout out to everyone |
| 0:18.6 | in the path of Hurricane Ida. |
| 0:20.6 | And the early word at this point out of New Orleans is when you consider it made landfall |
| 0:29.0 | at a faster speed than Hurricane Katrina for those of us who remember Hurricane Katrina, |
| 0:36.0 | you know, that was sort of terrifying to read that over the weekend and cautiously optimistic |
| 0:44.1 | that everybody's going to get through this. |
| 0:47.0 | Okay. |
| 0:48.0 | With that, we've got some sports betting news, but we're going to start with the stock |
| 0:52.4 | of the day, and that is a firm holdings the buy-and-buy now pay later business. |
| 0:58.4 | The firm is teaming up with a young e-commerce site called Amazon.com. |
| 1:04.4 | A firm is going to be a checkout option for certain Amazon customers in the United States |
| 1:09.5 | starting on Friday. |
| 1:10.5 | This is for purchases of $50 or more, and then those customers can, if they want, split |
| 1:18.7 | those purchases up into smaller, monthly installments, shares of a firm as of this |
| 1:24.9 | moment are up 44% today. |
| 1:27.7 | Yes. |
... |
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