Diamonds and Dogs

6/9/22

Signet Jewelers (SIG) shining brightly. The jeweler who owns the Zales and Kay brands is up 8% thanks to strong earnings and guidance. Signet also announced a share repurchase program of $500 million. Maybe there is a surge in weddings coming soon. 

Apple stirring up the "buy now, pay later" industry. Apple Inc.'s entry into the "buy now, pay later" game could be a boon for small businesses and a bane for competitors already in the space. Rivals, Block (SQ) is down 8% today and down 50% in the last three months. Another rival, Affirm (AFRM) is down 9% today and down 50% in the last three months. Both stocks are down over 70% in the last year.

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