Affirm Holdings Inc Ordinary Shares - Class A

AFRM: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Consumer Finance Firms Fall on AI-Driven Macro Fears

Michael Miller

Feb 23, 2026

Shares of consumer finance names such as Capital One, American Express, and Affirm traded between 7% and 8% lower intraday on Feb. 23, likely on concerns that AI disruption could lead to future layoffs and structurally higher unemployment, increasing credit costs and lowering payment volume.

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Affirm Holdings Inc Ordinary Shares - Class A

Consumer Finance Firms Fall on AI-Driven Macro Fears

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