You think if APT announces average results Z1P is going to rally? The entire BNPL sector trades at silly multiples, but there is good reason APT trades at higher ones than Z1P, that don't make Z1P anymore of a buy than APT.
Tesla, global EV makers and bitcoin falling 8%. Affirm down some 30% from its highs. Is the US tech bubble starting to burst? BNPL sector surpassed the EV sector in silly valuations months ago. Those that fly highest fall furthest.
The Aussie market is saturated:
https://unauthorised investment advice/primers/asx-bnpl-stocks-guide-heres-everything-you-need-to-know-2/US Tesla share holders are oblivious to the massive saturation of competition in EV markets in China and Europe where they are rapidly losing market share. That's in normally sloth-like automotive markets. Yet it seems its finally sinking in. Digi-tech financing is innovative and dynamic. Something has to give and when it does so do these lofty valuation multiples.
