FastMarket.news

Affirm and KAYAK's Partnership Remains U.S.-Exclusive

Published 8 hours agoAFRM
Affirm and KAYAK's Partnership Remains U.S.-Exclusive

As of May 22, 2025, the partnership between Affirm and KAYAK remains distinctly American. Originally formed in January 2023, this alliance identified Affirm as the exclusive pay-over-time provider for KAYAK within the United States. The union aimed to give travelers more flexible payment options when booking trips through KAYAK.


In different territories, Affirm has been expanding its reach with various partners. Notably, in June 2024, Affirm teamed up with Alterra Mountain Company in Canada, marking a significant step in their Canadian collaborations. However, there's no clear indication that Affirm and KAYAK have looked north to expand their exclusive arrangement.


Despite the broader growth of Affirm in regions such as Canada, the extension of its partnership with KAYAK remains confined to the U.S. landscape. These developments underscore Affirm's strategy to selectively grow its collaborative network, as information from Reuters suggests their focus may still be aligned with the initial terms of engagement with KAYAK.

Share this article

Recent Articles

Deckers Brands' Stock Dips 16% After Lower-Than-Expected 2026 Outlook

Deckers Brands' Stock Dips 16% After Lower-Than-Expected 2026 Outlook

15 minutes agoDECK

Deckers Brands' stock has seen a notable decline, with shares dropping approximately 16% in extended trading. The drop follows the unveiling of the company's fiscal year 2026 outlook, which did not meet investor expectations due to its modest projections. Fashion United reported that the conservative sales forecast, which disappointed analysts, was a key factor in the share price drop. In its forecast, Deckers estimated a 15% increase in net sales for fiscal year 2025, raising its annual sales target to $4.9 billion, a step up from the previously anticipated 12% growth. Notably, sales for Deckers' HOKA brand increased by 23.7% year-over-year to $530.9 million in the third quarter of fiscal year 2025, although there are concerns that HOKA's rapid growth may not be sustainable. Meanwhile, UGG's net sales grew 16.1% to $1.244 billion during the same period. Analysts, including those at Seaport Global Securities, expressed caution, downgrading Deckers from "Buy" to "Neutral." They cited potential challenges in maintaining growth momentum for both the HOKA and UGG brands. Stifel also noted that the expectations for fiscal year 2026 might be overly optimistic. As Deckers faces challenging market conditions, including potential tariffs and a competitive retail landscape, its performance will be closely watched by investors.

FTC Drops Price Discrimination Lawsuit Against PepsiCo

FTC Drops Price Discrimination Lawsuit Against PepsiCo

30 minutes agoPEP

The Federal Trade Commission (FTC) has decided to drop its lawsuit against PepsiCo, which accused the company of unfair pricing practices favoring Walmart. The allegations centered around violations of the Robinson-Patman Act, with the FTC claiming that PepsiCo provided promotional payments and advertising benefits to Walmart but not to other retailers. This was seen as disadvantaging smaller stores and potentially raising consumer prices. However, PepsiCo has consistently disputed these claims, arguing that its pricing practices adhere to standard industry norms and do not unfairly favor larger customers like Walmart. Following the decision to drop the lawsuit, internal discussions were highlighted, with some FTC commissioners reportedly criticizing former Chair Lina Khan for moving forward with the case prematurely, according to Reuters. The decision had a moderately stable impact on PepsiCo’s stock, which saw only a slight decrease of 0.23%, ending at $130.12. The company appears to be continuing its focus on maintaining equitable business practices across its customer base, in line with industry standards.

Caterpillar Joins $980 Million FEMA Generator Contract

Caterpillar Joins $980 Million FEMA Generator Contract

45 minutes agoCAT

Caterpillar, along with several other companies, has secured a substantial contract worth up to $980 million to supply generators for FEMA's generator program. The Defense Logistics Agency initiated the third generation of this program to enhance FEMA's disaster relief operations by providing generators through lease or rental when their existing fleet is not sufficient, as detailed by govcb.com. The five-year contract, structured as an indefinite delivery indefinite quantity (IDIQ) agreement, allows multiple suppliers to provide diesel-powered generators ranging from 15 kW to 2 MW. This setup ensures FEMA has access to diverse power options to effectively support their emergency response needs. The contract, which was updated in mid-November, runs until June 2024, with responsive actions due by the end of November 2023. Caterpillar is anticipated to be a key player, drawing on its expansive experience in disaster relief to fulfill a significant portion of the generator supply. Such efforts underscore the importance of effective power solutions in FEMA's operations, with Caterpillar reinforcing its role as a crucial partner to federal agencies in times of crisis, as reported by rermag.com.

Workday Surpasses Q1 Expectations Despite Stock Dip

Workday Surpasses Q1 Expectations Despite Stock Dip

1 hours agoWDAY

Workday Inc. (WDAY) recently reported robust financial results for the first quarter of fiscal 2025, showing significant growth across several key metrics. Total revenue for the period reached $1.990 billion, an 18.1% increase from the previous year and surpassing analysts' expectations of $1.973 billion, according to Gurufocus.com. Subscription revenue was a major driver, contributing $1.815 billion and marking an 18.8% year-over-year increase. The company also turned its operating income around to $64 million, compared to last year's loss of $20 million. Further supporting its strong performance, Workday achieved a non-GAAP operating margin of 25.9%, up from 23.5% the prior year. Operating cash flow was also up, generating $372 million compared to $277 million the previous year. Additionally, the company actively repurchased 0.5 million shares for $134 million, with an average price of $267.09 per share. Despite these strong metrics, Workday revised its full-year subscription revenue guidance down slightly to between $7.700 billion and $7.725 billion, indicating a 17% growth compared to the prior forecast. Despite the company's solid performance, Workday's stock fell more than 11% in after-hours trading. The decline is attributed to the downward revision of the full-year subscription revenue outlook, as reported by TipRanks.com. Nevertheless, Workday remains a strong player in the market, forecasting second-quarter subscription services revenue of $1.895 billion and professional services revenue of $175 million.