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AAPL Jun 2024 135.000 call

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    Affirm CEO shares thoughts on competition with Klarna

    Some business leaders approach competition aggressively; like modern Machiavellis. While Affirm (AFRM) CEO Max Levchin has a more Zen approach. "I think one lesson I learned over the years is you gotta focus on yourself," he told Yahoo Finance Executive Editor Brian Sozzi on Opening Bid. With Apple's (AAPL) new announcement of an integration between Apple Pay and Affirm's payment plan product, this collaboration positions Affirm to compete with the current household name, Klarna. Although Levchin says he's a huge fan of competition, at the end of the day "you're ultimately competing with yourself."Watch the full episode Opening Bid here and listen on your favorite podcast platform.

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  • Investing.com

    5 big analyst AI moves: Apple stock lifted to Buy as AMD, Adobe get downgraded

    Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Analysts at wealth management firm D.A. Davidson upgraded Apple (NASDAQ:AAPL) stock from Neutral to Buy this week after the iPhone maker introduced its much-anticipated AI strategy. According to the firm’s analysts, “AI now stands for Apple Intelligence,” which is the name of the company’s artificial intelligence platform unveiled at the WWDC event.