AFRM Soars 15%! Will You Choose Growth Stocks?

Interest rates are expected to be lowered in September. If rates decrease, will this be beneficial for growth stocks?

Many growth stocks have not yet returned to their peak levels from the pandemic, but they have shown significant gains during the recent two-year rebound.

$Affirm Holdings, Inc.(AFRM)$ surge 16% after better-than-expected results and strong guidance

• Loss per share: 14 cents adjusted vs. 51 cents expected

• Revenue: $659 million vs. $604 million expected, surged by 48% compared to the previous year.

The company’s net loss decreased significantly to $45.1 million from $206 million a year earlier. CEO Max Levchin announced a target to achieve GAAP operating profitability by the fiscal fourth quarter of 2025.

In addition to Affirm's post-earnings surge, which other growth stocks are worth paying attention to?

• $Carvana Co.(CVNA)$ , a leading online used car retailer, closed at 154.31 with a monthly return of 15.82%.

• $Upstart Holdings, Inc.(UPST)$ , a company focused on providing AI-driven lending solutions, closed at 42.08 with a monthly return of 50.66%.

• $Cloudflare, Inc.(NET)$ , known for its cloud-based security solutions, closed at 79.85 with a monthly return of 3.03%.

• $Twilio(TWLO)$ , a cloud communications platform, closed at 60.93 with a monthly return of 3.04%.

• $ARK Innovation ETF(ARKK)$ closed at 44.27 with a monthly return of -2.77%.