PayPal, Block, And Affirm Face Pressure Ahead Of Earnings As Consumer Spending Risks Rise Under Trump’s Tariffs

Benzinga

PayPal, Block, and Affirm are under pressure ahead of earnings as investors worry about consumer spending amid Trump's sweeping tariffs, according to CNBC. PayPal generates most of its sales from consumer transactions, with 40% of its revenue and gross payment volume coming from international markets, according to Wells Fargo analysts. Block is under pressure as Cash App user growth slowed, Afterpay tightened underwriting to limit credit losses, and Barclays warned of the company's exposure to small business churn and low-income volatility. Affirm grew monthly active users by 30% in March, but tighter credit and economic cooling could hurt loan volume growth.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02PayPal, Block, and Affirm are under pressure out of earnings as investors worry about consumer

00:06spending amid President Trump's sweeping tariffs, according to CNBC. PayPal generates most of its

00:12sales from consumer transactions, with 40% of its revenue in gross payment volume coming from

00:16international markets, according to Wells Fargo analysts. Block is under pressure as cash app

00:21user growth slowed, Afterpay tightened underwriting to limit credit losses, and Barclays warned of

00:27the company's exposure to small business churn and low income volatility. Affirm grew monthly

00:32active users by 30% in March, but tighter credit and economic cooling could hurt loan volume growth.

00:38For all things money, visit Benzinga.com slash GSTV.

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