Affirm Holdings AFRM popped more than 7% after the company topped fiscal first-quarter earnings and revenue estimates and raised its fiscal 2026 sales outlook. Shares are testing and finding resistance at their 21-day exponential moving average but are below the 50-day moving average.

The stock market rallied late on Friday to salvage the end of an otherwise rough week on Wall Street. The Dow Jones Industrial Average rose 75 points, or 0.2%. The S&P 500 rose 0.1%. The Nasdaq Composite fell 0.2%. The Nasdaq marked its worst week since April 4.

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Telsa shares fall more than 3%, then rise post-market after Elon Musk pay vote

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Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.

Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.

Third quarter earnings season is in full swing, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.