$KLAR

Affirm (AFRM) fell 10% to $69.99, Klarna (KLAR) dropped 3% to $13.01, and PayPal (PYPL) declined 0.4% to $55.95 after a hotter-than-expected inflation report lifted Treasury yields. Affirm's stock was hit hardest due to its funding model tied to market rates, while Klarna and PayPal showed smaller declines. Affirm reported Q3 FY2026 revenue of $1.04B, up 32.6% YoY, but faces margin pressure from rising rates.

Klarna (NYSE: KLAR) has partnered with The White Company, a British home and lifestyle retailer, to offer flexible payment options for homeware purchases. Klarna's services, including Pay in Full, Pay in 3, and Pay in 30 days, are now available at The White Company's online store. This partnership aims to provide transparency and flexibility for customers' home buying decisions.

ARK Invest sold shares of Meta (META), AMD (AMD), Alphabet (GOOGL), and SpaceX (SPCX), while buying $6.7M in Kratos Defense (KTOS). Meta's sale was worth $14.3M, AMD's $14M, Alphabet's $8.7M, and SpaceX's $4.7M. Kratos, down 45% YTD, reported Q2 revenue of $458.8M, beating estimates.

Klarna (KLAR) shows high capital efficiency and growth, with 120 million active consumers and 1.2 million merchants. Its stock has fallen from its IPO price, but it reported Q2 net income of $9 million, a turnaround from last year's loss. The company is expanding its digital banking services and focusing on sustainable profitability.

TD Cowen maintained a 'Hold' rating for Klarna (KLAR) but lowered its price target from $18.00 to $16.00, citing market challenges. Klarna's stock trades at $13.275, with a GF Score of 13/100, indicating financial health concerns. Insiders have made significant purchases, totaling $9,951,310 in the last three months.

Klarna expanded its partnership with Wayfair, offering 0% APR financing for up to 6 months in the U.S. and launching its payment options in Canada. The move aligns with Klarna's focus on durable goods and home essentials, according to the company.

Klarna cut its 2026 revenue forecast to $4.08bn-$4.16bn from over $4.34bn, citing weaker European volumes and currency impacts. Shares fell 19%. Q2 profit was $27m, up from a $46m loss in 2025. GMV grew 18% YoY to $36.6bn. Klarna (KLAR) aims for a US banking license to expand services.

Klarna is introducing a £4.99 monthly fee for its basic credit card starting November 13, removing its free version. The company states this is part of a membership revamp, offering no service fees and increased cashback. Some customers express dissatisfaction and plan to cancel their memberships.

Adyen will appoint Klarna's Niclas Neglen as CFO and board member, effective February 1, 2027, pending shareholder and regulatory approval. Adyen's current CFO, Ethan Tandowsky, resigned in May, with Hwa Tsao serving as interim CFO until the transition.

Klarna (NYSE: KLAR) launched Call Status Detection in the Nordics, an in-app feature verifying if incoming calls are from the company. This targets phone fraud, a growing issue in Europe. The tool shows a green or amber banner in real time. Klarna also offers Klarna Inbox for verifying written messages. The feature is default on iPhones and optional on Androids. Klarna aims to expand this tool globally.